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Polyplex Corporation retraced at .618 fibo levels from the highs

Long
NSE:POLYPLEX   POLYPLEX CORP
Hi Team,

Polyplex corporation has made a double bottom on daily time frame. The stock is sustaining above 50 EMA on monthly and made a indecision candle too. Volume spikes can be seen too. Nice place to add is CMP- 1160/- with SL of 1100/-
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