Polyplex corporation on weekly time frame has closed above the strong resistance of WEMA100 & 200 this week. Above this week's high of 1311 it can try to touch 1516/1630/1680, below 1034 it will once again enter into bearish territory. I will try to enter at retest of DEMA21 around 1140/1137 where risk reward will be maximum. Tomorrow will be an interesting day for this stock, lets see how it performs.
Since I am not SEBI registered, please enter in this stock at your risk and speak to your registered consultant before taking this trade
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.