POLYCAB trade ideas
polycab ready for trendline breakout polycab ready for trendline breakout good for positional by prajapati9951
Bullish rallySeems Bullish in daily as well weekly after broke the long term resistance
rally may continue
concentrate if price sustain above 2540 in 4 hrs
POLYCAB breakout ConfirmationPolycab channel breakout and confirmation over the breakout zone. SL below the channel upper TL on clb. Looks strong for swing traders.
#polycabindia momentum breakout in progress#polycabindia momentum breakout
momentum and trend indicators indicate bullishness on all timeframes.
momentum seen breaking out of a parallel channel with large volumes too.
bullish divergence currently being played out has met the target on last move
and need give some space since diluted momentum divergences exit at the same
time.swing trade and entry only if any retracement comes and 2030
is a resistance zone from where it breakout should be stoploss
Polycab - Inverse HnSContinuously making HH structure
Inverse Head and Shoulder Breakout
Good fundamental stock for positional purpose.
Buy at cmp and
Add on dips till 1920-1940 level
Sl 1860
Tgt 2080 2150 2200++
Polycab Tragets Done Polycan was facing price squueze also the upper trendline broke . Tragets done . Trail SL at the Targets.
POYCAB... SHORT TERM TRADEA good triangle breakout and rally in the script...
Enter above 2050 for a short-term first target of 2170.
More rally to come...
Polycab Looks Good !1POLYCAB : cmp : 2033.55
A Big bullish candle has been formed in D & W chart.
Closed above the BO level.So a fresh buying move possible in the near term .
On the verge of breakout.
Closing above previous high. RSI trending up.
Tgt may be 2093/2146
sl 2005 Dclbs
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
one more F : POLYCAB IS READYour fav patten F is clearly visible on the chart.
keep target open and 1 candle low is stop
only for study
BREAKOUT Market Cap
₹ 30,346 Cr.
Current Price
₹ 2,034
High / Low
₹ 2,049 / 795
Stock P/E
36.2
Book Value
₹ 319
Dividend Yield
0.49 %
ROCE
24.3 %
ROE
20.1 %
Face Value
₹ 10.0
polycabSeems Polycab will break its all time high soon. stock is good In technicals as well as fundamentals.
POLYCAB - showing signs of upward move Polycab - after a correction showing strong upmove. Another session of buying could move it to all time high.
POLYCAB - oversold Polycab - accumulation zone. Unless crosses 1860 decisively , it will be in the zone. Good for accumulation.
