#POLYMED trading above Resistance of 2339
Next Resistance is at 2931
Support is at 1782
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational...
#POLYMED trading above Resistance of 1782
Next Resistance is at 2339
Support is at 1405
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose...
NSE:POLYMED
✅ #POLYMED trading above Resistance of 1782
✅ Next Resistance is at 2210
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose...
#POLYMED trading above Resistance of 1405
Next Resistance is at 1782
Support is at 951
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only....
NSE:POLYMED
✅ #POLYMED trading above Resistance of 1405
✅ Next Resistance is at 1782
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only....
NSE:POLYMED
✅ #POLYMED trading above Resistance of 1168
✅ Next Resistance is at 1405
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This...
Poly Medicure Limited is an India-based manufacturer and top exporter of plastic medical disposables/ surgical Items with a portfolio of over 130 SKUs of disposable medical devices across 9 different product verticals.
Distribution Network
The company has a pan-India distribution network with over 260 distributors. It has reach to over 5,000 private and...
Flag Pattern on Weekly time Frame.
Breakout was witnessed and it was followed up by a retest which is always a good sign.
An Inverted Head and Shoulder Pattern can also be seen with the right shoulder in progress marching towards the neckline.
MACD structure also looks very positive.
POLYMED is trading at weekly & Daily Demand zone, This demand zone is also visible in lower Timeframes.
We can see that the selling volume is decreasing, so we can set our stop loss below the support zone and plan our trade accordingly.
I can conclude that this is a trade with Low Risk & High Reward.
If this analysis is useful to you then please like it & follow...
Stock Name - Poly Medicure Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 1020.
#This is not Buy and Sell recommendation to any one. This is for...
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
buy for intraday when it breaks trendline on 5 minute chart
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE:...
