POLYPLEX trade ideas
Polyplex - gap is filled!Opened at 810. Gap is filled today itself. Even with the interim dividend considered (Rec dt. 26th Aug).
One Right Trade's Swing Trade Idea #76 : Buy on POLYPLEXPlease do like and share the idea in case you find it good and follow it for further updates on it for benefit of everyone. Also, please comment if you have any feedback. This idea by one right trade is only for study purpose and is not a trading call.
Broke support on the budget daySupport is at 480, but I am rather hopeful of its intermediate term target of 550
Polyplex, Will it breakout ?Polyplex Monthly chart
Company has Good fundamental
In sideby since 2017, trading inside mother channel.
Good to notice it has not fallen much as compared to other small caps stock in the previous years (2017 - 18) bear market.
On monthly chart RSI BO is seen.
Will this give price breakout for new highs?
#POLYPLEXReversal Confirmation
Retraced from Fibo Level
Support from EMA 5
CCI(all) > 100
CCI never goes in CCI-S zone!
Pinbar Broken with strength on M chart
Polyplex investment ideapolyplex CMP:648 buy with support 600 and upside can be 800 1000+ time fram 8 to 12 month
Polyplex CorporationMentioned on chart
fundamentals of these company r strong.
Price valuation is Attractive.
#POLYPLEXRetracement from Fibo 38.2% levels
CCI(D/W/M)>100
Volume Support
Target 633 / 691
Duration: 1.5 months
SL 515.30
Long - Polyplex corpThis stock is at support and prior RSI and STOCH history suggests possible reverse.
One can enter at current level with SL at 506 for T 540.
If 506 is broken it will be a confirmed bearish signal.
