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Retraced from Fibo Level
Support from EMA 5
CCI(all) > 100
CCI never goes in CCI-S zone!
Pinbar Broken with strength on M chart
polyplex CMP:648 buy with support 600 and upside can be 800 1000+ time fram 8 to 12 month
Mentioned on chart
fundamentals of these company r strong.
Price valuation is Attractive.
H>602 and C > 576.75 on weekly basis
Retracement from Fibo 38.2% levels
Target 633 / 691
Duration: 1.5 months
This stock is at support and prior RSI and STOCH history suggests possible reverse.
One can enter at current level with SL at 506 for T 540.
If 506 is broken it will be a confirmed bearish signal.