POLYPLEX FALLING WEDGE BREAKOUT Breakout in POLYPLEX one can place stoploss at 1445 for long-term & short term position
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About POLYPLEX CORPORATION LTD
Sector
Process Industries
Industry
Chemicals: Specialty
CEO
Pranay Kothari
Website
polyplex.com
Headquarters
Noida
Founded
1984
ISIN
INE633B01018
Polyplex Corp. Ltd. engages in the manufacture and distribution of plastic films. The firm offers its products through the Sarafil, Saracote, Saralam, and Saraprint brands. Its business portfolio include polyethylene terephthalate, cast polypropylene, and biaxially oriented polypropylene films. The company was founded on October 18, 1984 and is headquartered in Noida, India.
Polyplex Long tradeBuy for 1490 Target with 100 SL
OPackaging stocks have been hammered a lot... with minor Debt Equity ration and good dividend yield results will be better
polyplex turn into bullish poly plex try to move upward direction
as per current trend this stock very quickly reach the first target of1846.35
POLYPLEX LongPOLYPLEX trading in a channel. Took support and moving towords the resistance.
THIS IS FOR EDUCATIONAL PURPOSE NOT AN RECOMMEDATION
Strong Demand Zone for Polyplex Strong Demand Zone for Polyplex at 1677/- , Bearish Momentum is still strong but personally this demand zone look like capable enough .
Polyplex should consolidate more but short term uptick possiblVery early to predict for upside but great company and management nd fundamental give confidence to go long so buy mey be we have to take one more entry
POLYPLEX | DOUBLE BOTTOM FORMATION> POLYPLEX
> After the fall the stock is forming double bottom
> Keep an eye for breakout
> At good weekly demand zone
POLYPLEX Retracing from Long Term Support Fundas Very StrongVERDICT POLYPLEX
Retracing from Long Term Support
Fundamentals Very Strong , Big Rumors
Indicators Bullish
T1 1805
T2 1925
SL 1700
Only For Study Purpose
POLYPLEX analysis for upcoming weekPolyplex is in downtrend near its 1st support of 1899, if sustain then up-move, otherwise, down trend till support 2 and 3. Keep in track. Company has performed good in past years and one of the leading company in wrapping papers for FMCG companies.
POLYPLEX CORPORATION AT DOUBLE BOTTOMPolyplex Corporation at Double Bottom on both daily and weekly charts. Also Elliot Wave C ends on Daily & Weekly Time Frame.
Time to go long for target of 2525/-.
SL-1750/-
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This info isn't a recommendation for what you should personally do, so please don't take the data as investment advice. As with any trade, always look first, then leap. Read more in the Terms of Use.
