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, grwrhitech has started moving up which means there is a sectoral tailwind
fundaments which were very weak now has started giving good results
charts has improved in last 3 months
this is what i can see from technical and a broader perspective, share your views, will love to read them
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