POLYCAB - Trend Analysis - 26th July

POLYCAB - Trend Analysis - 26th July

NSE: POLYCAB has formed a flag and pennant pattern. Open interest data is bearish with higher probability for downside

Wait for a 15 mins candle to close above 2238 or below 2204 with stop loss of other end of the candle.
Target for 1:1 or 1:2 risk reward ratio

Disclaimer:
This is for educational purpose. We are not SEBI registered analysts.

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