there is a famous quote about stock market "never catch a bleeding (falling) stock wait for the blood to dry up (bottom formation) ,let there be clotting (consolidation) and buy the stock when it has started healing (moving up). this is the time when maximum money is made why POLYFIRMS i have observed that major poly firms such as polyplex, jindal poly,...
There are charts which dont require lines or indicators. price behavior says everything. so see the charts, let let remain clean as it is, and see the larger move coming