POLYCAB - Weekly chart represent the strength of the stock.
- On Weekly, stock above all major EMA validating its strength.
- Nice Weekly demand zone is available around 7K which showed its strength of breakout.
- Price currently returned to re-test breakout area.
- On Daily, Price below EMA20 and near to EMA50 represent the pullback not a seller dominance.
- Two major trendline support is also available to hold or return the price.
- Two probable setups available as shown in chart.
NB: Not a Registered Advisor. Many time I failed with my setups. Do take advise from your financial advisor prior trade. Here I am just sharing my views to community, not advising to anybody for buy or sell.
交易开始
Price exactly follows our assumptions, reach to marked weekly area as per "B" and shown clear reaction on daily chart. Made it more hopeful now.
注释
Plan B is working good, Holding it tight.注释
How many catch that opportunity ?注释
Shifted SL to safe guard the profit. Risk free + surety of closing only in profit.交易结束：到达目标
Closed with 1: 5 Risk Reward ... Target achieved.
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。