Trend line brokeWhen a trendline is broken, it means that the price has moved beyond that level, which can be an indication of a potential change in the market trend. by Sangam_ingalalli441
Shorting opportunity in POLYCAB Trading in the rising channel from September 2021 and currently facing resistance in from the upper channel. Recently delivered returns as per double bottom pattern so i believe it will show some correction soon. Short position can be opened with the target of 2850 price, while stop-loss should be considered as breaching the upper channel on the closing basis. Please do your own research before making any decision.Shortby Dheeraj_Gupta14Updated 221
Polycab Trend Line Breakdown!Polycab Break Their Short Term Trendline Support, Next Important Support Zone Near ~ 2708 And Weak RSI Indicating Weakness Continue Upcoming Sessions. Sell Polycab ~ 2946, 2965, With Stop ~ 3010, Target ~ 2750, 2700 Expected Target March Expiry.Shortby diceytradeUpdated 1
Short set up on dailyShort trade se on daily TF, Idea & level mention on chart. Study / Analysis based on ElliotWave. Shortby tradingwick0
POLYCABPOLYCAB:- Stock has also given breakout by forming cup and handle, keep an eye Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning. Longby AjayDhakad_Keep_it_simpleUpdated 6
POLYCAB 1DReversal Pattern from Supply Entry, Stoploss & Target already mentioned on Charts. Trade as per your own RISK Wish you Happy & safe Trading. Please Note: I am not SEBI registered analyst. My studies are for educational purpose only. Please consult your financial advisor before Trading or Investing. I'm not responsible for any kinds of your Profits & Losses. Longby everything_smcUpdated 2
POLYCAB : All time High : LONGPOLYCAB has breakout at all-time high. BULL rally has started. Longby batrashish111
polycab is on high and on resistance POLYCAB IS on resistance On resistance a stock make a doji After that there is a bearish candle Formation now stock is consoilidate second there was a divergence in RSI stock is on top without volume keep an eye cmp 3000 Shortby arunguptaa162
Trend line + FlagPrice went from 570 to 2600 in 18 months and is now consolidating in the range of 2100 to 2800 forming a flag pattern. It is also forming a trend as shown in the chart. Joining both of them makes a triangle. In summary, the price is at a breakout level.by Sumanyu_AggarwalUpdated 2
Short PolycabPolycab has gone down even after good results for the last 4 times. It is already at all time high and at a resistance level. With the current market downtrend expecting the share to drop. Short Polycab 3000PE with stoploss at 3100 and target of 2800.Shortby RaghurammsUpdated 8
POLYCAB F&P BREAKOUTPolycab is giving f&p breakout target can be 3020 SL can be 2750 educatinal idea only Longby NeetikaSri1
POLYCAB COMING TOWRDS SUPPORT ZONE | 2735 - 2700Polycab coming towards it's support zone @ 2735 - 2700 and expecting a bounce towards 2980 - 3000 levels. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team Longby InvestPro_India11
Polycab bullish on 2023polycab is near its 1 year high price facing the resistance near its higher level if its sustain above the mark of 2022 level then we can see huge growth in polycab in 2023. bullish for a year Longby dhavalmalvania222
Fresh Breakout on Polycab IndiaFresh Breakout on Polycab India, Buy at current levels for a target of 2820 and 2900 (new high). Keep stop loss at 2540.Longby warrenignatiuslobo1
Polycab - Long IdeaThe setup is shown on the charts. If the stock crosses 2685 and sustains above, may go to 2830. Keep your position size according to your risk management. Only for learning and sharing purposes, not a piece of trading advice in any form. All the best.Longby anandlive552
intra day trade for tomorrowPOLYCAB India analysis just for educational purpose, trade at your own risk Longby chart_analytics_kb6
Rally Base Drop – Supply ZoneUnlike 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 generally locate at market turning points. At areas where uptrends get exhausted and begin a new downward move. RBD occurs when prices have been rising, and peaking, followed by a sharp drop. This indicates that the sellers are now more aggressive and have overwhelmed the buyers to form a Supply Zone. Components of a Rally Base Drop Pattern This formation comprises three parts: 1. Leg-In Candle - Bullish Candle to the left-hand side of the base structure. It need not be an explosive candle. 2. Base Candles - Narrow range small-bodied candles which indicate that orders are potentially being accumulated by the institutions. 3. Leg-Out Candle – Huge Explosive Red candle with a sharp drop in price, which indicates the footprint of Institutional Selling activity. Steps to Identify a Rally Base Drop Pattern 1. Start with the Current Price on the Chart and go from Right to left 2. Look up and left until you find a strong Drop in the Price 3. Identify whether the formation is an RBD 4. Mark the Zone When marking the Zone, we need to watch for freshness and the strength of the Leg-Out Candle. Fresh Supply Zones are those where the price has never retraced after formation, they have the highest probability of having unfilled sell orders. Strong Explosive Red Leg-Out Candle indicates that supply and demand are totally out of balance and institutions have been aggressive sellers at that price zone. Trade Action at a Rally Base Drop Supply Zone RBD pattern is the footprint of Institutional selling activity, formed due to the sheer size of their sell orders. This implies that, when prices retrace back to the area, there is a strong likelihood that there will be a large number of pending sell orders. After identifying the supply zone, we as retail traders must wait for the price to retrace to the zone. The first retracement to the RBD supply zone is a high-probability sell opportunity. We can initiate a short trade on the pullback to the zone and in doing so participate along with the Institutions to the short side. Some past examples: Although RBD is a very powerful supply zone formation, it is highly recommended that one mustn’t trade it in isolation. Combining it with factors like a trend, trend exhaustion and location will improve the odds of the zones working in our favour. Educationby MAKTradingSchool10
POLYCAB INDIA going to collapseHuge selling is incoming in POLYCAB INDIA !! If you are holding polycab, try to exit as soon as possible... Big Crash is waiting :)Shortby Future_Billi0naire_0
polycab in demand zonePolycab ready for upmove. entered in daily demand zone. can touch 2740 level before upside momentumLongby KundanPandit0
polycab india ltdplycab cup and handle Pattern results ( peolpe says that ya chart toh ban chuka tha But AAP practice kab Karoga ) Practice make Man the perfect .by vk447376113
37# Polycab IndiaNSE: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 your Investment Advisor before buying and selling any position. This is just for Education purposes.Longby p18amanr0
Wedge Pattern And Trendline BreakoutPlease 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 closingLongby Breakout-IdeasUpdated 3
polycab india ltdPolycab 3000 Round levels Resistence (2 day near closing ) wait for 3000 levels break than entry ,okhLongby vk4473763