Exhausted and likely to show consolidation
Polycab has given very good rally.
Now we can see that on monthly chart it is trading at very far from 20sma.
On daily it is showing breakdown of rising channel.
It is now likely to go in consolidation/pullback phase.
Now we can see that on monthly chart it is trading at very far from 20sma.
On daily it is showing breakdown of rising channel.
It is now likely to go in consolidation/pullback phase.
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