POLYCAB trade ideas
Polycab looks good cmp 2685
trgt 5-10-20%
sl small black spot
Disclaimer:
All information shared is just for educational purposes.
By no means shall we be accountable for any debits/losses amounting out of it.
We are not SEBI registered Analysts, so please consult your Investment Advisor and take rational decisions.
BREAKOUT in POLYCABBreakout in POLYCAB in Daily and weekly timeframe and looks like a flag pattern. There was a fake breakout about 10 days back. This breakout has a strong bullish candle and hope it gives a good move.
DISCLAIMER: The ideas are only for educational purposes and not buy/sell recommendation. I am NOT SEBI registered.
POLYCAB LTD. - Strong triple bottom formation on its wayFSP - POLYCAB LTD.
positive - a strong triple bottom formation on the way, wait till it bounces off, once take support it will rise back or even give a breakout.
negative - if it breaks support it will dip to the bottom support or create a new support below the current one.
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