POLYCAB 1 Week Time Frame

206
📍 Weekly Pivot Support & Resistance Levels
📌 Based on classic pivot calculation (updated recent data):

Resistance Levels
R3: ~₹7,911
R2: ~₹7,838
R1: ~₹7,713

Pivot: ~₹7,639

Support Levels
S1: ~₹7,514
S2: ~₹7,440
S3: ~₹7,315
(These are widely used short-term guideposts for weekly support/resistance.)

📈 Key Levels for This Week’s Trading Range
According to a recent weekly outlook:

Immediate Resistance:
~₹7,766 — Break above may trigger further upside
Major Resistance: ~₹7,945–₹8,046

Immediate Support:
~₹7,487
Secondary support: ~₹7,386
Lower support band: ~₹7,207

Expected Weekly Range:
₹7,207 — ₹8,046 based on pivot bands and weekly structure.

🧠 Interpretation (Weekly Bias)

✔ Bullish Continuation:
If price sustains above pivot ₹7,639 and clears ₹7,766, weekly strength likely continues toward ₹7,838 – ₹7,911.

✔ Weakness / Pullback:
A close below support ₹7,487 may test ₹7,386 / ₹7,315 zones.

✔ Breakout Threshold:
₹7,945 – ₹8,046 zone is a key breakout cluster — above this suggests stronger momentum.

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