POLYCAB trade ideas
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 bullish view on the poly cab
as bullish ma crossing
and at resistance level with increased volume
if this level break we can see fresh highs in poly cab
POLYCAB GO LONG-FLAG AND POLE PATTERNPollycab go long -Flag and pole pattern formed in day chart.
TARGET 1 -3000
TARGET 2 -3300.
polycab respecting its supportcan buy some quantity for long term it goes downward from here can do average
it is fundamentaly strong to hold
POLYCAB - A Bullish set up
Daily TF - Cloud support.
Hourly TF - RSI convergence + base * Conversion line crossover.
The follow up should be bullish from here.
Safest entry - above 2400.
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
Poly Cab- Swing StudyAnalysis of swing opportunity in Polycab-
Only for educational purposes and not any kind of trading advice. I am not a sebi registered analyst.
PolycabPolycab after a rally a little rest by stock now again after doji follow up buying seen. Good upside expected with huge volumes. Above resistance line ATH high expected.
Polycab Breakout 💡Polycab India has given a breakout on daily charts ,
Wait for retest @ 2500 levels
Targets - 2600 2700 soon
Polyback #Breakout Polycab Breakout, with good volume , we may see further upside move after consolidation.
bollinger bands trading in polycabrisk reward ratio=1:1
resiatance breakout
green candle with food volume
RSI 57
closing above middle band
Long term play - Polycab Can enter with 25-30% size now & keep adding till it reach 2000 level .. Enter full once it cross 2000 ..
Keep SL as 1750 Daily Closing basis ..
STOCK FOR TODAY AND TOMORROW POLYCAB INDIA LTD.Good morning friends, kindly watch video for full details level is 1690 if sustain above it will give good move
it is only our opinion only we are not giving any recommendation or tip.
Regards.
Polycab- Trendline ResistanceCan show mad run once it breaks this line decisively. Same move was seen in IEX.
