Polycab - Reaching Resitance
* Stock now getting ready to reach near its strongest resistance area of 6165 - 6300
* It also happens to be a flip zone so stock will surely try to get stuck and even turn bearish from the same level
* Lower Time Frame Confirmation is compulsory to enter
* Downside target near 5250 -5200 can be expected
* Right now it is in a wait n watch situation
* As market volatility is on the higher side trade cautiously
* It also happens to be a flip zone so stock will surely try to get stuck and even turn bearish from the same level
* Lower Time Frame Confirmation is compulsory to enter
* Downside target near 5250 -5200 can be expected
* Right now it is in a wait n watch situation
* As market volatility is on the higher side trade cautiously
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.