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.
Polyplex Corporation Limited is a holding company. The Company is a manufacturer of thin polyester terephthalate (PET) films. The Company manufactures plastic films and resins. Its geographical segments include India and Outside India. Its business portfolio includes biaxially oriented polypropylene (BOPP) films and cast polypropylene (CPP) films. Its product lines consist of Sarafil, including BOPET films and BLOWN PP films; Saracote, including silicone coated films (PET/PP); Saralam, including extrusion coated film products, and Saraprint, including polyester films for digital print media sector. Its product applications include packaging, such as film for flexible pouches, peel-able seals and lids; industrial and specialties, such as labels, lamination films and medical test strips; electrical, such as thermal printing tapes and membrane touch switches; imaging, such as overhead transparencies and business graphics, and magnetics, such as video tape and audio cassette tape.
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POLYPLEX
