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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 2024-08-23 View latest technical analysis

10 day averaged volume of Poly Medicure is 124031

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	2213.15	2160.00	2225.00	2147.85	0.991 times
22 Thu Aug 2024	2149.65	2183.70	2197.00	2125.55	0.547 times
21 Wed Aug 2024	2183.10	2180.00	2223.75	2133.95	0.881 times
20 Tue Aug 2024	2194.40	2130.00	2220.00	2067.50	2.293 times
19 Mon Aug 2024	2126.25	1973.90	2140.90	1950.10	3.079 times
16 Fri Aug 2024	1951.95	1891.95	1961.05	1877.55	0.478 times
14 Wed Aug 2024	1877.35	1924.60	1934.05	1862.05	0.334 times
13 Tue Aug 2024	1924.60	1943.00	1944.80	1897.80	0.727 times
12 Mon Aug 2024	1926.45	1894.00	1932.55	1879.30	0.855 times
09 Fri Aug 2024	1879.30	1883.45	1896.00	1863.90	0.335 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2252, for a target of 2094.7 or 1963.59

Share price targets for Poly Medicure (POLYMED)

Target Type	Value
Downside Target	1488.60
Downside Target	1563.00
Downside Target	1665.90
Downside Target	1810.15
Downside Target	1862.05
Downside Target	1904.05
Downside Target	1961.05
Downside Target	2070.00
Downside Target	2097.80
Downside Target	2175.75
Upside Target	2225.00
Upside Target	2236.60

Intraday share price targets for Poly Medicure (POLYMED)

Target Type	Value
Downside Intraday Target	2033.83
Downside Intraday Target	1854.52
Upside Intraday Target	2308.73
Upside Intraday Target	2404.32
Downside Intraday Target	2129.42

Weekly technical analysis of Poly Medicure (POLYMED)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	2213.15	1973.90	2225.00	1950.10	3.256 times
16 Fri Aug 2024	1951.95	1894.00	1961.05	1862.05	0.851 times
09 Fri Aug 2024	1879.30	1821.25	1904.05	1810.15	0.478 times
02 Fri Aug 2024	1848.90	2050.00	2070.00	1821.25	2.045 times
26 Fri Jul 2024	1994.95	2043.50	2175.75	1959.65	1.308 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Poly Medicure (POLYMED)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	2213.15	1874.85	2225.00	1810.15	0.892 times
31 Wed Jul 2024	1871.60	1950.05	2236.60	1862.05	0.546 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

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 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 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Poly Medicure Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 2101.42 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.