POLYCAB INDIA LTD
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Polycab - Reaching Resitance

* Stock now getting ready to reach near its strongest resistance area of 6165 - 6300

* It also happens to be a flip zone so stock will surely try to get stuck and even turn bearish from the same level

* Lower Time Frame Confirmation is compulsory to enter

* Downside target near 5250 -5200 can be expected

* Right now it is in a wait n watch situation

* As market volatility is on the higher side trade cautiously

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