Poly MedicureGood setup on weekly basis.
Weekly RSI showing positive hidden divergence and price is re-testing breakout level.
This is low risk high reward setup.
POLYMED trade ideas
Breakout in Poly Medicure...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.
WATCH FOR RESISTANCE BREAKOUT can be a good buy above 1026 as the resistance has been tested multiple times ..
New entry .. In Medical Space.Good breakout of uptrend consolidation. POLYMED is showing strength in a weak market.
Swing to add more weight towards the pharma sector in my portfolio.
Let's see if this breakout sustains. A more safe option would be to wait & get confirmation of re-test. I was confident on this sector hence entered.
Use your own judgment to enter.
Disclosure: Invested,
polymedmay go long above 1020-1025 range hourly close
can give good return in short term
not a recommendation
Go LongConsolidated well. Momentum picking up.
Consider buying this only closing above 1090.
R:R - ATR - 1:2
Poly Medicure Cmp 978 dated 26.11.2021Poly Medicure Cmp 978 dated 26.11.2021
1. Rectangle Bo @ 985
2. Flag Pattern BO
Buy for a tgt of 1110-1160-1300-1475 SL 875
It is just a view, pls trade at your own risk.
Polymed Polymed Stock Long term and short term investment give opportunity with minimum risk only education purpose
Intraday Trade: watch for resistance breakoutbuy 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: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
Polymed this is the fourth time its coming near the trendline let us see if we can get a breakout from the trendline this time keep on radar
Poly Medicure LimitedTriangle pattern in Poly Medicure Limited. wait for the breakout with high volume
POLYMED: FUNDASTICK STOCKBuy@CMP
TGT1 - 1090 & TGT 2 - 1160
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis
Breakout Candidate_ POLE & FLAGKey Point :
- Pole and FLAG
- Moving average crossover
- Support and Resistance
- Favourable R:R
looking good for positional for polymedNSE:POLYMED
Polymed likly to hit all target soon Upto 20% upside is expected
Polymed ready for breakout!Good Accumulation, weaker once cleared. Need a breakout. Before taking trade do your own analysis.
Thanks
POSITIONAL #KASH_STOCKPOLYMED. look good if it crosses 940 and sustains then it will touch 1020. keep watch on the level.
