polycabpolycab broke out of descending channel pattern on hourly charts with decent volumes, could be bought here or on dip,
with mentioned stoploss & targets.
POLYCAB trade ideas
Polycab consolidating at breakout areaPolycab is consolidating at breakout area
buy above 2550.
On 15 mins chart, last couple of days, stock is above 2550. we can see positive movement.
Polycab on buy mode !!Polycab look very strong in chart 💪 today they can break the most imp bearish resistance with a heavy candle or strong candle
Buy it above at 2440
Our target 2509 2585 2630 2716
Sl 2340/2280 based on UT risk ratio time minimum 1 month
ascending triangle breakout buy=2308.90
target=2366.80
stoploss=257.65
ascending triangle breakout with 50% fib. level
POLYCABwe are looking POLYCAB move up.
this is not a trade advice. we are sharing this for only education purpose only.
POLLYCAB...CAB THIS POLLY(PARROT)..BuyGood stock ...breakout given....traders put stoploss on breakout point...investors buy in tranches
POLYCABAs we are heading towards the festive season. All home makeover products should start catching sales.
POLYCAB - Trend Analysis - 26th JulyPOLYCAB - Trend Analysis - 26th July
NSE: POLYCAB has formed a flag and pennant pattern. Open interest data is bearish with higher probability for downside
Wait for a 15 mins candle to close above 2238 or below 2204 with stop loss of other end of the candle.
Target for 1:1 or 1:2 risk reward ratio
Disclaimer:
This is for educational purpose. We are not SEBI registered analysts.
#TrendAnalysis #NSEindia #Trading #StockMarketindia #Tradingview
Polycab India - Positional long ideaBuy above 2258, Target 2555, SL 2140. All levels are on closing basis.
Polycab entering into 5th wavePolycab has completed its correction and might gain a bearish momentum.
polycab alert . correction can go till 2160it seems wave 5 ended .polycab alert . correction can go till 2160 .
Polycab - NeutralPolycab facing strong resistance at 2467 level, if it breaks which is strongly possible in this month will go for 2550 target. Trade with caution as it is high beta stock.
All Time High Breakout ImpendingAs you can see, NSE:POLYCAB is trading near its all time high . It's good candidate for swing trading.
RSI (9) is also rising and technically one can enter the trade at breakout and retest of the resistance zone.
Hello Trader. If you like the idea, do not forget to support with a like and follow.
Above is purely my opinion. It doesn't mean that you need to trade accordingly. Please note that I'm not Sebi registered advisor or technical analyst . Trade on your own conviction and please consult your advisor before investing .
POLYCAB LongPolycab looking good above 2600
One can add on dip at 2500
Target 2900
PS - Am already in long with 8% ROI :)
Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only for educational purpose and not a trading recommendation.
Polycab Buy @2469 Target 3369Polycab Is The india biggest Sector Leader In Electrical Wire Which has High Valuation Stock and Polycab Look Like It now it is ready to Achieve the Target 3369.
Polycab 4 hr TF - Wait for RetracementPolycab good for Long Position and wait up to retracement up to 2600
