Breakout above 840 level with voulme can go for long, in short term.
investment in stock market is risky unless you do your own analysis .. study and like if you satisfy
Awaiting Breakout 825. RSI W TF Rising MACD WTF Turning positive CRS Is rising and trending.
It is a good time to enter this stock. Split your capital into two. Make one entry after seeing tomorrow's candle. And next entry when the stock causes weak resistance. Book partial profits @ 780. Keep the rest for long term.
It's just my view.....anything can happen. ( MACD & RSI )+ Nifty in good position to short
Polycab is currently trading at price point where we have long term and short term supports Trade based on the price action
Polycab looking interesting at this price point for longterm also it has good risk to reward ratio Price is plotted on the chart
Polycab looks weaker.. buy above R1 line and sell below S1
Will be out of bearish pull if it closes abobe 1080. Obeying descending supports as of now.
Buy between 950-960 for target of 1000 & 1050. Stoploss below 940.
Is likely to find support at around 900 where there is a good support.
In case any bearish sentiment creeps in this scrip, in all likelihood it will find support at 723, while the ongoing bullishness may take it to a level of 847 to test the resistance there.
Holding nicley at the retest levels