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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 2024-08-29 View latest technical analysis

10 day averaged volume of Poly Medicure is 214378

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	2304.50	2317.45	2318.60	2285.45	0.288 times
28 Wed Aug 2024	2313.40	2294.40	2320.00	2279.50	0.849 times
27 Tue Aug 2024	2294.40	2328.00	2328.70	2276.90	0.82 times
26 Mon Aug 2024	2328.70	2250.00	2406.15	2240.00	3.354 times
23 Fri Aug 2024	2213.15	2160.00	2225.00	2147.85	0.573 times
22 Thu Aug 2024	2149.65	2183.70	2197.00	2125.55	0.317 times
21 Wed Aug 2024	2183.10	2180.00	2223.75	2133.95	0.509 times
20 Tue Aug 2024	2194.40	2130.00	2220.00	2067.50	1.327 times
19 Mon Aug 2024	2126.25	1973.90	2140.90	1950.10	1.782 times
16 Fri Aug 2024	1951.95	1891.95	1961.05	1877.55	0.276 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2224.3, but if it comes below 2224.3, then a intra day sell could be more profitable.
If you take a sell trade below 2224.3, then use 2224.3 as stoploss and 2035.71 as target. However if you take a buy trade in stock , then use 2224.3 as stoploss and 2450.7 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	2227.62
Downside Intraday Target	2150.73
Upside Intraday Target	2393.77
Upside Intraday Target	2483.03
Upside Intraday Target	2316.88

Weekly technical analysis of Poly Medicure (POLYMED)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	2304.50	2250.00	2406.15	2240.00	1.178 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
29 Thu Aug 2024	2304.50	1874.85	2406.15	1810.15	1.377 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 losing 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 coming down

CCI has generated a SELL signal for Poly Medicure in short term but SELL signal is weak.

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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2240.72 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.