POLYCAB side ways move saturated - potential to breakout

٢ يونيو ٢٠٢١

Polycab seem to be saturated from last 5 days, no major move (less than 1%). MACD and volumes indicators too dying out, suggest loss of momentum.

it will possibly breakout and move up the trend.
watch out!!!

٤ يونيو ٢٠٢١

تم فتح الصفقة

polycab breaking out.. following the past pattern

٧ يونيو ٢٠٢١

تم فتح الصفقة

break out with bullish momentum!!!

MACD is good indicator to look at when stocks moves side ways and volume shrinks along. a gradual reduction in MACD shows possible break out in near future.