polyplex- long for 40 % price action explained in charts
price bouncing from weekly pivot level and 18 week EMA
target and SL marked
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49.15 INR
378.32 M INR
62.94 B INR
29.67 M
About POLYPLEX CORPORATION LTD
Sector
CEO
Pranay Kothari
Headquarters
Noida
Website
Founded
1984
ISIN
INE633B01018
FIGI
BBG000CXXFP6
Polyplex Corp. Ltd. engages in the manufacture 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.
Swing Stock given last breakout at 1087 Then again breakout level retest after the high of 1313
So now the setup is BO+Retest + Revesal
Polyplex - Classic double bottom chart patternClassic double bottom chart pattern formed in Polyplex.
Price has corrected from top and after 2 years forming a bullish reversal chart pattern called double bottom. Double bottom is a bullish reversal pattern is forming after a strong downtrend.
Price is printing lower top and lower bottom and fin
Potential upmove | Bottom fishing - POLYPLEXCheckout an amazing breakout happened in the stock in Weekly timeframe.
IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet
Buy for a target of 1600/2500Buy for a target of 1600 in two months and 2500 in a year, stock has reversed from strong support, can be added to portfolio
POLYPLEXResistance Levels: The stock faces long-term resistance around ₹1600, a level it has tested multiple times in the past year. Breaking above this could indicate strong bullish momentum.
Support Levels: Key support lies around ₹1088/1200, where the stock has consistently found buying interest, prevent
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed t
CHANGE OF STRUCTURE IN POLYPLEX CORP"Polyplex Corp" is showing lower-lows with the trendline as it's dynamic resistance, and is about to reverse it's whole trend (Bearish to Bullish) in weekly timeframe. 1150 is the level of confirmation for it's structure change. Target is calculated using the XABCD Pattern of Harmonics, which comes
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of POLYPLEX is 1,206.00 INR — it has increased by 1.11% in the past 24 hours. Watch POLYPLEX CORPORATION LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange POLYPLEX CORPORATION LTD stocks are traded under the ticker POLYPLEX.
POLYPLEX stock has fallen by −1.59% compared to the previous week, the month change is a 3.30% rise, over the last year POLYPLEX CORPORATION LTD has showed a 17.87% increase.
POLYPLEX reached its all-time high on Apr 11, 2022 with the price of 2,870.20 INR, and its all-time low was 2.10 INR and was reached on May 5, 2000. View more price dynamics on POLYPLEX chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
POLYPLEX stock is 3.58% volatile and has beta coefficient of 0.86. Track POLYPLEX CORPORATION LTD stock price on the chart and check out the list of the most volatile stocks — is POLYPLEX CORPORATION LTD there?
Today POLYPLEX CORPORATION LTD has the market capitalization of 36.90 B, it has decreased by −3.70% over the last week.
Yes, you can track POLYPLEX CORPORATION LTD financials in yearly and quarterly reports right on TradingView.
POLYPLEX CORPORATION LTD is going to release the next earnings report on Feb 12, 2025. Keep track of upcoming events with our Earnings Calendar.
POLYPLEX net income for the last quarter is 878.10 M INR, while the quarter before that showed 535.20 M INR of net income which accounts for 64.07% change. Track more POLYPLEX CORPORATION LTD financial stats to get the full picture.
As of Nov 25, 2024, the company has 1.33 K employees. See our rating of the largest employees — is POLYPLEX CORPORATION LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. POLYPLEX CORPORATION LTD EBITDA is 5.68 B INR, and current EBITDA margin is 7.16%. See more stats in POLYPLEX CORPORATION LTD financial statements.
Like other stocks, POLYPLEX shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade POLYPLEX CORPORATION LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So POLYPLEX CORPORATION LTD technincal analysis shows the strong buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating POLYPLEX CORPORATION LTD stock shows the buy signal. See more of POLYPLEX CORPORATION LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.