Polycab made inverted head & shoulder pattern on an hourly chart with good volumes.
Could be bought here or on breaking above neckline 3450.
With mentioned stoploss & target.
NSE:POLYCAB Looks good as
1. Crossing above the last 1.5 years of Consolidation
2. . Bullish Crossover: Weekly EMA 20 Above Weekly EMA 50
3. Breakout with Huge Volume
4. Stock at all time high in unchartered territory
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#Disclaimer: I'm not a SEBI Registered Research Analyst, These are my views, please consult...
