Polycab India Ltd.
Pembelian
Diupdate

Polycab India Ltd (Polycab) : Cup and handle and breakout

334
After forming a cup and handle pattern, the stock price is setup nicely at the buy zone above the breakout level of 2730.

Medium term target of 3276.

Trigger SL if price breaks down below 2543.

Not a buy/sell recommendation
Trading ditutup: stop tercapai
SL Triggered. Will wait and watch.
Catatan
Today's price action showed why stop loss is very important in any trade position one is getting into. Important is to preserve one's capital at all cost.

Pernyataan Penyangkalan

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.