Unlike conventional Price Action Analysis, which relies on countless chart patterns, Supply Demand Strategy focuses only on four high-probability price formations. Rally Base Drop (RBD) is one of the four price formations which lay the foundation of the Supply Demand Trading Strategy. Rally Base Drop Pattern RBD is a reversal price pattern, which one can...
Huge selling is incoming in POLYCAB INDIA !! If you are holding polycab, try to exit as soon as possible... Big Crash is waiting :)
Polycab ready for upmove. entered in daily demand zone. can touch 2740 level before upside momentum
plycab cup and handle Pattern results ( peolpe says that ya chart toh ban chuka tha But AAP practice kab Karoga ) Practice make Man the perfect .
NSE:POLYCAB Looks good as 1. Crossing above the last 1.5 years of Consolidation 2. . Bullish Crossover: Weekly EMA 20 Above Weekly EMA 50 3. Breakout with Huge Volume 4. Stock at all time high in unchartered territory if you liked it please don't forget to follow me #Disclaimer: I'm not a SEBI Registered Research Analyst, These are my views, please consult...
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking profit for 1% - 2% For long-term trades look out for resistance drawn above closing
Polycab 3000 Round levels Resistence (2 day near closing ) wait for 3000 levels break than entry ,okh
AS PER CHART STUDY I AM BULLISH ON POLYCAB STOCK POSSIBLE TARGET OF 3300 IN COMING DAYS ONE CAN GO FOR IT this is only for study purpose if anyone wants to take position in it please take advise from your financial advisor because investing in market is subject to market risk
Polycab is looking good for an upmove. Cup and handle target comes to 3600. Good ATH breakout and has sustained. Can be added for short term.
Polycab : Strong Resistance Breakout observed Stay Long above 3000 with support at 2925
Solid breakout by POLYCAB after a YTD consolidation, worth taking risk. R:R - ATR : 2:5
One can consider for Study 1. Positive Relative Strength 2. Breakout from Long Consolidation 3. Fundamantally Sound Stock 4. ROE = 16.57% ROCE = 21.71%
Hi, This scrip forms a Cup and Handle pattern. Check and go long once the pattern brks.
Polycab breaks it's multi support resistance zone on last trading session. It is expected to move further and a good swing opportunity... My call is Long @ 2710 keeping the SL @ 2600.
price has formed a morning star pattern taking support near quarterly cpr there is a successful pema pullback and price is trading above previous year high sustaining above Previous quarterly high would give a good upmove as long as next week cpr is held intact.
The 2620 level is an important on, it has tried pushing upupto 2800 3-4 times but has fallen back on all occasions. Very decent candles these 2 days, full bodied and froma volume prespective clearing 2500 to 2540 was very important. Is it early in the cycle that it can move upto 2800 + levels.
POLYCAB is breakout of a range since last 1 year. Trying to break out from the resistance zone of 2725 - 2750. Has to give weekly candle close above 2750 zone to confirm upside. Target : 3300 - 3350 zone SL: Daily candle close below 2610 TimeFrame: 6 - 12 months
Polycab Cmp 2710 dated 10-11-2022 1. Ascending Triangle formation 2. Respecting Support Line 3. RSI Reversal Buy @ Cmp for target of 2770-2840 SL 2665 Pattern target will be 3400 SL 2400 Disclaimer : I am not a Sebi registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no means...