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#polycabindia momentum breakout in progress

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NSE:POLYCAB   POLYCAB INDIA LTD
#polycabindia momentum breakout
momentum and trend indicators indicate bullishness on all timeframes.
momentum seen breaking out of a parallel channel with large volumes too.
bullish divergence currently being played out has met the target on last move
and need give some space since diluted momentum divergences exit at the same
time.swing trade and entry only if any retracement comes and 2030
is a resistance zone from where it breakout should be stoploss

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