BullishLine

A clear breakout in Poly Medicure.

BullishLine Updated   
NSE:POLYMED   POLY MEDICURE LTD
A clear breakout has been seen in Poly medicure. But as we can see it's already given 15 % move within two trading days. So, we have to wait and see if it is sustaining above the resistance level, if it does then we are ready to go.

Fundamentals Analys.
If we talk about the fundamentals, this stock has covered good profit growth of 20.5% CAGR over last 5 years and ROCE is almost 19%. It has been observed that Promotor holding has increased by 8% which is a healthy sign. One could consider for long term as well.
Trade active:
Reached an incredible 40% increase since our analysis and still counting. This is how a patient investor operates: identifying fundamentally strong companies, making entries based on technical charts, and holding onto them. Cheers.

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