POLYPLEX
Resistance Levels: The stock faces long-term resistance around ₹1600, a level it has tested multiple times in the past year. Breaking above this could indicate strong bullish momentum.
Support Levels: Key support lies around ₹1088/1200, where the stock has consistently found buying interest, preventing further downside.
Recent Volume: There's been a significant increase in trading volume, particularly after the recent earnings announcement. This suggests strong buying interest, often seen as a bullish sign.
Long-Range Volume-Low Range: The stock has maintained higher volumes near its lower trading ranges in the past few weeks, indicating accumulation at lower levels. This could be a precursor to a potential breakout if volume continues to rise near resistance levels.
Polyplex shares show strong bullish indicators, with increasing volume and solid support levels. However, monitoring resistance around ₹1600 is crucial, as a breakout could lead to a new upward trend.
Support Levels: Key support lies around ₹1088/1200, where the stock has consistently found buying interest, preventing further downside.
Recent Volume: There's been a significant increase in trading volume, particularly after the recent earnings announcement. This suggests strong buying interest, often seen as a bullish sign.
Long-Range Volume-Low Range: The stock has maintained higher volumes near its lower trading ranges in the past few weeks, indicating accumulation at lower levels. This could be a precursor to a potential breakout if volume continues to rise near resistance levels.
Polyplex shares show strong bullish indicators, with increasing volume and solid support levels. However, monitoring resistance around ₹1600 is crucial, as a breakout could lead to a new upward trend.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.