POLYCAB INDIA LTD

POLYCAB - Weekly Channel pattern - Read description carefully

POLYCAB - Although the company has corporate governance issues, there could be good swing trading opportunities in the stock.

My thoughts (not a trading recommendation): 2 scenarios -

I'd go long if the stock takes support at the channel bottom with good price action & reversal candlesticks. My stop loss will be if the channel breaks.

I'd go short if the channel breaks with good volumes and my stop loss will be if the stock comes back into the channel.

免責事項

これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。