Polyplex - Bullish Bet
The stock has reversed and has created several strong support zones.
1) 50 DMA > 200 DMA and diverging
2) ADX > 25
3) Incremental vol
4) Daily Vol >average vol of 30 days
5) Strong Marubozu candle
6) Upmove with immediate target 1467 and HOLD for its journey towards 52 W high.
Cheers and happy investing. This idea is purely academic in nature and not a recommendation for investment.
1) 50 DMA > 200 DMA and diverging
2) ADX > 25
3) Incremental vol
4) Daily Vol >average vol of 30 days
5) Strong Marubozu candle
6) Upmove with immediate target 1467 and HOLD for its journey towards 52 W high.
Cheers and happy investing. This idea is purely academic in nature and not a recommendation for investment.
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