PolyMed : Observations
Updated
Break above 544/550 levels will be a good bullish sign.
Day close above these levels :
Possibility 1 : consolidation and sideways after BO. Good chance to accumulate.
Possibility 2 : blast above 550, straightaway 10/20% move. In such case, better to wait for a pullback for entering.
Close below 470 levels will be a sign of a weakness.
Day close above these levels :
Possibility 1 : consolidation and sideways after BO. Good chance to accumulate.
Possibility 2 : blast above 550, straightaway 10/20% move. In such case, better to wait for a pullback for entering.
Close below 470 levels will be a sign of a weakness.
Note
Wait for a break above 544/550 levels .Can add pilot position here..but with strict Stop Loss.
Note
Keep an eye on this one..it might break pretty soon.Note
after taking a support at lower support zone (with hammer).. ready to rockNote
those invested in PolyMed can book partial profits in the coming week. 710+
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