poly plex try to move upward direction as per current trend this stock very quickly reach the first target of1846.35
POLYPLEX trading in a channel. Took support and moving towords the resistance. THIS IS FOR EDUCATIONAL PURPOSE NOT AN RECOMMEDATION
Strong Demand Zone for Polyplex at 1677/- , Bearish Momentum is still strong but personally this demand zone look like capable enough .
Very 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 > After the fall the stock is forming double bottom > Keep an eye for breakout > At good weekly demand zone
VERDICT POLYPLEX Retracing from Long Term Support Fundamentals Very Strong , Big Rumors Indicators Bullish T1 1805 T2 1925 SL 1700 Only For Study Purpose
Polyplex 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 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/-
Take a positional trade and keep sl of 2190 1st to 2370 2nd to 2500
POLYPLEX back on major trend line. Trend line since a year. 11 AUG 2021. Stoploss can be kept 2% from cmp (2135) on closing basis, with a target of 6% NSE:POLYPLEX NSE:POLYPLEX
This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. ...
Resumes the ride Retest Entry Shunted further Enters Q1 RRG HTF in momentum
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POLYPLEX given a breakout of flag pattern and after breakout it stopped out and enter when it start to move upward
Buy above 2870 for target of 3000 in this month,can give good returns
Look to Buy around 2650 SL 2550 TGT 3000 by April end