POLYCAB side ways move saturated - potential to breakout
Polycab seem to be saturated from last 5 days, no major move (less than 1%). MACD and volumes indicators too dying out, suggest loss of momentum.
it will possibly breakout and move up the trend.
watch out!!!
it will possibly breakout and move up the trend.
watch out!!!
Trade active
polycab breaking out.. following the past patternTrade active
break out with bullish momentum!!! MACD is good indicator to look at when stocks moves side ways and volume shrinks along. a gradual reduction in MACD shows possible break out in near future.
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