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POLYCAB INDIA LTDPOLYCAB INDIA LTDPOLYCAB INDIA LTD

POLYCAB INDIA LTD

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POLYCAB trade ideas

[HP] Polycab Short IdeaPolycab is India’s leading manufacturers of cables and wires and allied products such as uPVC conduits and lugs and glands. We have a range of cables and wires for practically every application. More recently Polycab has also launched a wide range of consumer electrical products like Fans, Switches, Switchgear, LED lights and Luminaries, Solar Inverters, and Pumps. But it is trading at 11.8 times the book value!! Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives. =======
NSE:POLYCABShort
by Amit_Ghosh
POLYCABPolycab is India’s leading manufacturers of cables and wires and allied products such as uPVC conduits and lugs and glands. We have a range of cables and wires for practically every application. More recently Polycab has also launched a wide range of consumer electrical products like Fans, Switches, Switchgear, LED lights and Luminaries, Solar Inverters, and Pumps Market Cap ₹ 51,483 Cr. Current Price ₹ 3,438 High / Low ₹ 3,490 / 2,044 Stock P/E 40.5 Book Value ₹ 443 Dividend Yield 0.41 % ROCE 28.4 % ROE 20.9 % Face Value ₹ 10.0 Promoter holding 66.2 % EPS last year ₹ 84.8 EPS latest quarter ₹ 28.4 Debt ₹ 169 Cr. Pledged percentage 0.00 % Net CF ₹ 1.09 Cr. Price to Cash Flow 36.1 Free Cash Flow ₹ 969 Cr. Debt to equity 0.03 OPM last year 13.1 % OPM 5Year 12.1 % Reserves ₹ 6,481 Cr. Price to book value 7.76 Int Coverage 29.6 PEG Ratio 1.40
NSE:POLYCABLong
by madhu2811
POLYCAB!! MAJOR TRENDS!Polycab is a great stock with a good fundamentals. i have drawn the major trends supporting from its IPO time and from corona's crash. from past 14-15 months the stock is following the same channel, and has given about no returns. since it has a good fundamentals and the sales are growing nicely, i see a good upside movement. but on the flip side, this channel is acting like a consolidation part after the movement given after 2020 crash. this also says the strength of the stock, which is preventing the stock to fall. after 20th June, it has kept on rising, and recently it gave a pullback. but its a good stock to now buy, since it is landed on a good trend line, and will now rise further on. in the couple of months, i see a good upside movement on this stock. the large blue line which i have drawn is just a speculating line, if possibly the stock gets a good movement, it could go on further rising to that line.
NSE:POLYCABLong
by raghavchoudhary2016