Polycab on hourly chart is on verge of breakout, with targets of 2300/2400 nd 2600
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!!!
polycab is in forming penent with higher high higher low ,if it breaks above then see higher targets otherwise if it break down then watch volume wait for confirmation to short