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(POLYMED) Poly Medicure complete technical analysis [charts+indicators] | Buy/Sell Poly Medicure | (POLYMED) share price targets

Complete technical analysis of Poly Medicure (POLYMED) by charts plus indicators, forecast predictions and share price targets for Poly Medicure (POLYMED)

Poly Medicure trades in NSE in Medical Equipment sector.

Showing technical analysis as on 2024-07-16 View latest technical analysis

10 day averaged volume of Poly Medicure is 155643

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	2127.10	2124.00	2150.40	2098.05	0.29 times
15 Mon Jul 2024	2116.30	2100.00	2127.60	2046.00	0.859 times
12 Fri Jul 2024	2108.55	2168.25	2168.25	2097.50	0.293 times
11 Thu Jul 2024	2150.60	2135.00	2169.00	2132.25	0.33 times
10 Wed Jul 2024	2137.70	2149.00	2236.60	2125.00	1.025 times
09 Tue Jul 2024	2140.05	2121.00	2158.45	2117.00	0.635 times
08 Mon Jul 2024	2116.85	2076.00	2150.00	2067.05	4.386 times
05 Fri Jul 2024	2075.85	2049.95	2111.00	2049.95	0.79 times
04 Thu Jul 2024	2048.40	1951.00	2077.90	1951.00	1.005 times
03 Wed Jul 2024	1957.25	1976.00	1984.90	1951.00	0.364 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2116.2, but if it comes below 2116.2, then a intra day sell could be more profitable.
If you take a sell trade below 2116.2, then use 2116.2 as stoploss and 2044.12 as target. However if you take a buy trade in stock , then use 2116.2 as stoploss and 2202.7 as target.

Share price targets for Poly Medicure (POLYMED)

Target Type	Value
Downside Target	1373.00
Downside Target	1488.60
Downside Target	1563.00
Downside Target	1652.00
Downside Target	1922.95
Downside Target	2046.00
Downside Target	2089.90
Downside Target	2097.80
Downside Target	2111.00
Upside Target	2150.40
Upside Target	2236.60

Intraday share price targets for Poly Medicure (POLYMED)

Target Type	Value
Downside Intraday Target	2065.27
Downside Intraday Target	2003.43
Upside Intraday Target	2169.67
Upside Intraday Target	2212.23
Downside Intraday Target	2107.83

Weekly technical analysis of Poly Medicure (POLYMED)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	2127.10	2100.00	2150.40	2046.00	0.172 times
12 Fri Jul 2024	2108.55	2076.00	2236.60	2067.05	2.397 times
05 Fri Jul 2024	2075.85	1950.05	2111.00	1935.05	0.709 times
28 Fri Jun 2024	1930.55	2060.00	2097.80	1922.95	0.211 times
21 Fri Jun 2024	2067.80	1992.05	2089.90	1945.00	4.912 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Poly Medicure (POLYMED)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	2127.10	1950.05	2236.60	1935.05	0.384 times
28 Fri Jun 2024	1930.55	1850.00	2097.80	1585.60	1.567 times
31 Fri May 2024	1802.25	1648.40	1925.60	1563.00	2.333 times
30 Tue Apr 2024	1643.20	1589.20	1665.90	1488.60	1.007 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Poly Medicure (POLYMED)

Price action analysis of Poly Medicure ( (POLYMED) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Poly Medicure ( (POLYMED) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Poly Medicure ( (POLYMED) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Poly Medicure ( (POLYMED) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Poly Medicure stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Poly Medicure in short term and the buy signal is strong.

Poly Medicure Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Poly Medicure in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Poly Medicure is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2105.63 and Poly Medicure (POLYMED) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Poly Medicure (POLYMED) stock. Volume based technical analysis of Poly Medicure (POLYMED) stock is negative.

Poly Medicure Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.