Don't Dread ! Spread the Thread in Polymed ! Looks good Ahead !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 government hospitals and nursing homes across India. The company exports its products to over 110 countries. It earns 30% of revenues through domestic sales and the rest 70% through exports.
It derives major growth in exports from European Subcontinent.
Manufacturing Capabilities
The company owns and operates 8 manufacturing facilities across world. It owns 5 facilities in India, 1 each in China, Egypt and Italy.
The facility located in Egypt is owned by company's associate (ULTRAMED) wherein the company holds 23% economic interest.
R & D
The company operates its only R&D facility from Faridabad, India. The company has planned to expand its manufacturing facilities in Faridabad and Jaipur which are set to be ready by 2020 and 2021 respectively. Expansion includes manufacture of new products and capacity additions in its facilities.
It has over 300 patents to its name with 190+ pending applications.
It spent ~12 crores (2% of revenues) towards R&D in FY20 as compared to 10 crores in FY19
POLYMED trade ideas
POLY MEDICURE IS READY?DISCLAIMER
Our video is intended only to provide general and preliminary information to traders/investor and shall not be considered as any investment decision. Do your own analysis, This is not a buy or sell tip. This is just for educational purpose only. And I'm not responsible for your Profit or loss as I'm not a SEBI registered financial advisor.
Inverted H&S Break out- INH&S Pattern BO After an uptrend
- Validated with volume
- Above Key EMAs
- Bullish RSI
polymedicure for short termThis is only for education purpose only. I am not SEBI register. This equity scrip is subject to market risk. Please check your own analysis before you take a trade.
Poly medicure: On verge of range breakout of 2 yearsPoly Medicure is looking strong on weekly time frame. Stock is consolidating since last 2 years. Entire pharma sector is showing strength. Keep on radar.
Inverted H&S Break out attemptWill it Sustain?
#POLYMED
- Continuation pattern
- Inverted Head & Shoulder BO attempt
- Above Key EMAs
- Bullish RSI
#POLYMED #SHORTTERM #SWING #NSEFlag 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.
Inverted H&S- Inverted H&S formation after an uptrend
- about to complete the pattern
- Keep in your watch till the time it takes the neck line
POLYMED - Trading opportunity is discovered - Swing TradePOLYMED 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 me for such analysis and and let me know what you think about this analysis in the comment box below.
POLYMED - Ichimoku Bullish Breakout 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 1045
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
POLYMED - Ichimoku Bullish Breakout 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 education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
Buy Today, Sell Tomorrow: POLYMEDDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:00 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 5-7% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 3% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in POLYMED
Buy Today, Sell Tomorrow: POLYMED
POLYMED Multiple Confirmation !!NSE:POLYMED
#NSE:POLYMED chart shows multiple pattern confirmations, #Trendline BO, #Descendingtriangle, #CupandHandle #Resistance BO
Levels marked on chart.
Don’t forget RRR.
Given good closing above 16 month old trendlineThe stock has given and sustained it's 16 months old trendline today and looks good above 960 for further upmove.
Buy above 960 for intraday and carry on day closing basis for positional targets of 995, 1020 and 1050.
Learn & Earn,
Dr. Tanya Kumar
Polymedicure positionalRS positive medical field stock
with price entering into 52 week high zone with good volume.
capex expansion.
leader in cannula supplies globally.
POLYMED BULLISHPOLY MEDICURE LTD STOCK has broke its trendline and resistance with a very good volume you can go long in it after doing your own analysis.
Targets, SL, Entry points have been given in the chart.
Please if took trade do money management.
ONLY FOR EDUCATIONAL PURPOSE..!
Buy Today, Sell Tomorrow: POLYMEDDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Resistance Breakout in POLYMED
Buy Today, Sell Tomorrow: POLYMED
Polymed short term swing ideaPolymed short term swing idea,all given in the chart....learning is the best solution.learn and earn
POLYMED
CMP: 851
- Trading above box breakdown level (820)
- Facing resistance near 200 ema
- We may see good move once it crosses 200 ema
