Polyplex corporation on weekly time frame has closed above the strong resistance of WEMA100 & 200 this week. Above this week's high of 1311 it can try to touch 1516/1630/1680, below 1034 it will once again enter into bearish territory. I will try to enter at retest of DEMA21 around 1140/1137 where risk reward will be maximum. Tomorrow will be an interesting day for this stock, lets see how it performs.
Since I am not SEBI registered, please enter in this stock at your risk and speak to your registered consultant before taking this trade
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