#POLYCAB looks good for 30% medium term returns!

25 ต.ค. 2020

POLYCAB
Structure looks quite appealing.

- Break above long term down trendline after bouncing back from 200 EMA and halting.
- Volume has zoomed 6x above average indicating commitment in the breakout success.
- Immediate resistance stands at 930-950 region, above which price may fly on to test the ATH region which will be a decent 30% up move from here.

** Entry can be made immediately or upon retest of the down trendline.

Disclaimer: This is just for educational purpose. Investment/Trading carries its own risk of permanent capital erosion and mental drawdown as well. Do consult your financial advisor before getting into any positions.

P.S - Likes will be appreciated as well as your insights in the comment section as well. Thank you.

27 ต.ค. 2020

การซื้อขายยังคงดำเนินอยู่

Up 10% and first target hit!

14 พ.ย. 2020

บันทึก

Added more as it is consolidation quite well near resistance zone with very low volume. Trailed SL to capture at least 5% GAIN.
We may witness a good further breakout in the coming sessions.

11 ธ.ค. 2020

การซื้อขายยังคงดำเนินอยู่

Added a few more shares. Will add more if it'll pullback to it's previous demand area which is also a psychological region of 980-1000.

5 ม.ค. 2021

ปิดการเทรด: ถึงเป้าหมายการทำกำไร

30% Gross Returns booked :)