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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 2024-08-28 View latest technical analysis

10 day averaged volume of Poly Medicure is 205192

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	2313.40	2294.40	2320.00	2279.50	0.887 times
27 Tue Aug 2024	2294.40	2328.00	2328.70	2276.90	0.857 times
26 Mon Aug 2024	2328.70	2250.00	2406.15	2240.00	3.504 times
23 Fri Aug 2024	2213.15	2160.00	2225.00	2147.85	0.599 times
22 Thu Aug 2024	2149.65	2183.70	2197.00	2125.55	0.331 times
21 Wed Aug 2024	2183.10	2180.00	2223.75	2133.95	0.532 times
20 Tue Aug 2024	2194.40	2130.00	2220.00	2067.50	1.386 times
19 Mon Aug 2024	2126.25	1973.90	2140.90	1950.10	1.861 times
16 Fri Aug 2024	1951.95	1891.95	1961.05	1877.55	0.289 times
14 Wed Aug 2024	1877.35	1924.60	1934.05	1862.05	0.202 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2195.3, but if it comes below 2195.3, then a intra day sell could be more profitable.
If you take a sell trade below 2195.3, then use 2195.3 as stoploss and 2014.07 as target. However if you take a buy trade in stock , then use 2195.3 as stoploss and 2412.8 as target.

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	2070.00
Downside Target	2097.80
Downside Target	2225.00
Downside Target	2236.60
Downside Target	2240.00
Upside Target	2406.15

Intraday share price targets for Poly Medicure (POLYMED)

Target Type	Value
Downside Intraday Target	2233.55
Downside Intraday Target	2153.7
Upside Intraday Target	2399.7
Upside Intraday Target	2486
Upside Intraday Target	2319.85

Weekly technical analysis of Poly Medicure (POLYMED)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	2313.40	2250.00	2406.15	2240.00	1.114 times
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

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
28 Wed Aug 2024	2313.40	1874.85	2406.15	1810.15	1.351 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 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 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 2231.87 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.