POLICYBZR trade ideas
Any can Happen.. from Here .. 🤔🤔On Resistance.. so play with a tight SL ..
Anything can Happen..
Many Scenerios here ... 🤔🤔🤔
Ascending channel breakout in PolicybzrAscending channel breakout in Policybzr .. view for 10th feb
Please follow strict risk reward and stop loss
Thanks
V Trade Point
Policy Bazar - updateThe scrip has completed a time correction - Flat structure in EW terms.
Why we say that - because the momentum indicator has given buy signal again after completing the cycle.
Our expectation is a next move up. Recent low of 442 becomes critical point in this expected move.
Lets see how this develops
Earlier post linked here
First 5 wave upmoveThe scrip has given its first 5 wave up-move since listing fuelling hope of a trend reversal.
Whether long term trend has reversed or not is yet to be seen.
However, for us the play on long side exists till it holds 356....although a dip to 410-428 is not ruled out in short term
Lets see how this develops...
Question on Policy BazarQuestion on Policy Bazar
Stock has moved up from all time lows with huge Volume.( Interesting)
As of now at resistance.
next resistance at 480
if bought hold.
If not wait for dips to buy(Only if you have nothing else to buy)
Best zone would be 410-390
POLICYBZR PB Infotech best buying levelNSE:POLICYBZR Policy Bazaar is now trade at best buying level. We can expect a pull back from current levels.
As per my analysis, best entry level is 385-380, Can hold till target of 425 & 456.
Stop loss will be only 365.
Note: This is my personal analysis, only for learning.
Thanks.
Im bullish in this as the chart shows the trend is strongThe market has its sentiment and it changes its direction after a long rally on one direction.
