POLYCAB LONG FOR A TARGET OF 1090 WITHIN THIS WEEKSHOULD GIVE A HUGE BREAKOUT THIS WEEK AT ANY COST MAINTAIN SL AT 911 JUST INCASELongby yashdante10Updated 0
Flag & Pole BreakoutNSE:POLYCAB very near to a flag & pole breakout. Price has been consolidating for sometime, Expect a strong breakout above 940 levels in the coming sessionsLongby jjthomas94Updated 0
DIWALI PICK POLYCAB INDIA - SHORT TERM INVESTMENTTRADE TYPE: SHORT TERM INVESTMENT | HOLDING PERIOD: 3 TO 9 WEEKS | BUY RANGE: 915- 930 | TRADE INVALIDATION: 790 | RISK: 13% Polycab India is the top manufacturer of electric cables in India. The company engages in designing, manufacturing, and selling electric wires, cables, and electric wiring accessories. The company has an overall market share of 12% in the domestic wires and cable segment. FY20 revenue by segment: wires and cables, 84%; fast-moving electric goods (FMEG), 9%; other, 7%. The company reported better-than-expected Q2 FY21 results. It has ROE of 20% The company has a diversified customer base in sectors like health care, oil and gas, renewable energy infrastructure, etc., providing customers with a variety of wire and cable options. With more than 1B subscribers, India is the second largest telecom network in the world. The advent of 5G, which requires fourfold the current fiber density and 20x more base stations, will boost sales of optical fiber cables and other telecommunication cables. The national infrastructure pipeline is a group of 6,500 projects across 23 sectors lined up with private and public investments of $1.4T. Rural electrification programs focus on the electrification of rural areas. This would boost demand from the transmission and distribution sector for wires and cables. It would also create a secondary market for FMEG products, which are bought post-electrification. The Indian governments' housing-for-all initiative, which aims to help 20M households by 2022, and smart cities mission would drive sales growth for a market leader like Polycab in the EPC, wires and cables, and FMEG segments. Manufacturing expansion and distribution network could boost growth The Company engages in steady investments in setting up new plants, capacity expansion, and automation, which has helped it stay ahead of the competition. The company maintains its quality, efficiency, and logistics through strategic backward integration in its manufacturing process. Polycab has more than 25 manufacturing facilities in strategic locations, of which four manufacture FMEG products, supported by 30 depots across India. Distribution channels, dealers, and distributors contribute 80% of the revenue and cater to retail customers. Disclaimer All investment ideas published are for educational purpose only. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. Longby VanijyamShalaUpdated 8
Polycab 1D chartPlease enter the trade once u get a proper breakout or reversal from the levels, Do not hesitate to contact me with any queries. Kindly support my views. Thanksby midhunthambi2930
traingle pattern on polycabtraingle pattern on polycab do your own analysis on this chart and take the entryby Thahir_asan0
Triangle inside a channel pattern - Break !!Price inside a channel pattern formed a triangle pattern and it is about to break. If breaks channel top is the target, before that there is a strong support/ resistance level running through as shown in picture. If you find my analysis helpful . . . . . Please show your support by hitting 👍 LIKE button, Your Support is very much 🙏 appreciated!by Tradersasi23227
#POLYCAB looks good for 30% medium term returns!NSE:POLYCAB Structure looks quite appealing. - Break above long term down trendline after bouncing back from 200 EMA and halting. - Volume has zoomed 6x above average indicating commitment in the breakout success. - Immediate resistance stands at 930-950 region , above which price may fly on to test the ATH region which will be a decent 30% up move from here. ** Entry can be made immediately or upon retest of the down trendline. Disclaimer: This is just for educational purpose. Investment/Trading carries its own risk of permanent capital erosion and mental drawdown as well. Do consult your financial advisor before getting into any positions. P.S - Likes will be appreciated as well as your insights in the comment section as well. Thank you. Longby tradeandtequilaUpdated 2
POLYCAB | Value Stock - Breakout occurringPOLYCAB | Value Stock - Breakout occurring CMP : 857 SL : 830 Target : 930, 1140Longby srikartiramUpdated 339
#POLYCAB DAILY CHART VIEW!!#POLYCAB DAILY CHART VIEW!! Polycab India Ltd. is trading below mid bollinger band. Technical indicators are bearish. Near by support is 798. If price closes below 798 level near by support is 762 and if price closes above mid bollinger band 842 next resistance is 910 on daily chart.by Pearl_Kaur3
Bullish flag pattern Greetings ! Polycab is developing a bullish flag pattern. I have joined the lowest and the highest point from where price has retraced to current level. CMP is at 38.2% retracement. A modest target could be 23.6% at 860. Longby datepuru0
#POLYCAB WEEKLY CHART VIEW!!#POLYCAB WEEKLY CHART VIEW!! Polycab India Ltd. closed below previous week low and is trading at mid bollinger band. Technical indicators are mild bearish. If price closes below mid bollinger 809 near by support is 750 and resisatcne is swing high 939 on weekly chart.by Pearl_Kaur5
polycap long swing trade opportunity polycap is good for swing buy at current price stop loss below trend lineLongby anandguru211
good looking weekly close! keep on radar!might hit 1025-1030 in short term! Disclaimer:I am NOT SEBI registered. THE OPINION GIVEN OR THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.Longby PositionalPicks7
SHORT TERM INVESTMENT BREAKOUT 200_SMA WITH VOLUME Disclaimer:- All the information and analysis will be provided for educational purpose, you should investment and trade at your own risk and rewards, I will not be responsible for any kind of loss or claim any kind of profit. You should make your own decision before investment / Trade. Longby IMRANCHAWDA1