POLYCAB went sideways for a month after making ATH. Broke out of rectangle with Volume and now did a re-test of the level - held so far.
Safe traders can take a position with a SL of < 4920 on daily close basis
Risk takers can go with SL of 4850 on daily close basis
Potential targets
Target 1 - 5100
Target 2 - 5200
Target 3 - 5350
Safe traders can take a position with a SL of < 4920 on daily close basis
Risk takers can go with SL of 4850 on daily close basis
Potential targets
Target 1 - 5100
Target 2 - 5200
Target 3 - 5350
Trade active
Hit first target of 5100 within a day. Holding for more
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
If you like my work and would like to appreciate, then give me a follow me on X (formerly Twitter)
x.com/adkis7
x.com/adkis7
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.