POLY MEDICURE is a Medical Device manufacturing company that has been on a good rally. Especially given the COVID situation and the need for medical and surgical equipment, the company is stand to gain. Also, India is still lacking in Health care fronts compared to Global Peers hence Government has been continuously pushing the Sector. Good fundamentals and should...
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.
Counter has made short term top at 432. Any rise towards 410-415 is the level to exit. Fresh buying will be on dip around 330-340 zone.
Disclaimer : Only for education purpose.It's not an advise to buy or sell.