Cup & handle formation on Polycab India Ltd (Polycab)

After a year long consolidation, we can see a formation of a cup and handle pattern and an ideal buying zone for this stock.

Initial target: 3330.

Stop loss: 5-8%

Note: Personal analysis. Not a buy/sell recommendation. Do consult your investment advisor.
Cup And HandleParallel ChannelPivot PointsPOLYCAB

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