Trend reversal - Week 24-2023 move 5%Check the chart The trend positive few days 5% and shot term 25%
Note : I am not SEBI registered and all Ideas posted by me are for Educational Purpose.
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RK
POLYPLEX trade ideas
PolyPlex Starting Wave 3 Impulse Polyplex has seen 66% retracement of rise from march 2020 bottom & after that we saw 1st 5 waves rise from 1100 to 1630 which has also done almost 66% retracement now todats move looks like reversal candle & it can touch 1900+ levels view invalidates below 1275.
Not a SEBI registered analyst chart shared for education puprose only
Potential reversal candidaeClean 5 wave rise from 1101
Subsequent fall stopped at 66%
Today's Price action indicating strong reversal
On the upside 1490-1520 will be important range to cross
Lets see how this develops
POLYPLEX FALLING WEDGE BREAKOUT Breakout in POLYPLEX one can place stoploss at 1445 for long-term & short term position
Polyplex Long tradeBuy for 1490 Target with 100 SL
OPackaging stocks have been hammered a lot... with minor Debt Equity ration and good dividend yield results will be better
polyplex turn into bullish poly plex try to move upward direction
as per current trend this stock very quickly reach the first target of1846.35
POLYPLEX LongPOLYPLEX trading in a channel. Took support and moving towords the resistance.
THIS IS FOR EDUCATIONAL PURPOSE NOT AN RECOMMEDATION
Strong Demand Zone for Polyplex Strong Demand Zone for Polyplex at 1677/- , Bearish Momentum is still strong but personally this demand zone look like capable enough .
Polyplex should consolidate more but short term uptick possiblVery 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 | DOUBLE BOTTOM FORMATION> POLYPLEX
> After the fall the stock is forming double bottom
> Keep an eye for breakout
> At good weekly demand zone
POLYPLEX Retracing from Long Term Support Fundas Very StrongVERDICT POLYPLEX
Retracing from Long Term Support
Fundamentals Very Strong , Big Rumors
Indicators Bullish
T1 1805
T2 1925
SL 1700
Only For Study Purpose
POLYPLEX analysis for upcoming weekPolyplex 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 BOTTOMPolyplex 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/-
LONG POLYPLEX CORP 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
YR 2022 Idea #91: Long on 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. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
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SWING TRADE opportunity in POLYPLEXPOLYPLEX given a breakout of flag pattern and after breakout it stopped out and enter when it start to move upward
POLYPLEXPolyplex gives breakout.
Now it is retesting the trendline.
This is the best possible entry for long
BreakoutThe stock has given a breakout in daily TF with volumes and retesting now, it may still retrace till the support. and after that can give a decent upmove.
