POLYCAB side ways move saturated - potential to breakout

2 Haz 2021

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!!!

4 Haz 2021

İşlem aktif

polycab breaking out.. following the past pattern

7 Haz 2021

İşlem aktif

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.