POLYCAB

#POLYCAB
Recent Bullish Move: Polycab India stock gained around 3.88%, showing strong upward momentum.
Key Resistance: Approaching the 7,000 level, which may act as a significant resistance.
Volume Surge: Recent price increase accompanied by higher-than-average trading volume, indicating strong buying interest.
Short-Term Buy Range: Ideal entry could be around 6,800 to 6,900 if the stock consolidates or pulls back slightly.
Short-Term Target: Possible target range of 7,200-7,300 for quick profits.
Stop-Loss Recommendation: Set a stop-loss near 6,600 to limit downside risk. Trend Outlook: Likely to go up if it breaks 7,000; cautious approach recommended if it drops below 6,800.