POLYCAB : CMP 2348 , NECK OR BREAK LEVELS Script Name : POLYCAB
CMP : 2348
SUPPORT : 2260 , 2180 , 2075
RESISTANCE : 2380
Correction : In One hour completed , expecting entering into 3 hour or 4 hour
Description if stock Unable to break 2380 and Fall to previous low of 2090 then stock seems to enter in 4 hour correction which means prices target for this will be 1950
POLYCAB
POLYCAB - Ascending Triangle - Swing TradeThis analysis is purely based on Price action & Chart Patterns
The analysis is done on Daily TF hence it may take the price couple of days to weeks in order to reach the targets.
Trade Strategy is given in image itself. Keep Trailing SL accordingly once into the trade.
Do not Chase the stock price if it gives gap up opening or so.
Trade on your own risk and money management.
Feel Free to comment for any query or suggestions