POLYMED trade ideas
Polymed - wait for the right entry and achive big targetsNSE:POLYMED
Awesome stock with strong volume and a RSI support
wait and take entry in the given price point and maintain a stoploss and aim for a big targets
POLYMED - Buy IdeaPOLY 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 be accumulated for long-term investors.
Add in Dips near the short and long term Fibonacci levels.
Sample Trade How to use tight stoplossSample Trade How to use tight stoploss
Disclaimer: For educational purpose only
Polymed LongEntry: 1054
Stop Loss: 975 (7.5% from entry)
Target: 20-25%
Background:
1. 39% Annual EPS Growth
2. Good Institutional Support
ATH & Range break outStock noted positive rally and break ATH & now waiting for Range break out, Good above @1145
Polymed rectangle BreakoutRectangle Breakout on polymed CHART
Happy LEARNING
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POLYMED Negative Divergence with RSI, From 900 to ~750POLYMED Negative Divergence with RSI, From 900 to ~750
This is only for study purpose
Long PolymedicurePrice action is breaking out of consolidation. Buy around CMP with SL 487.
Disclaimer: Ideas for educational purpose, please consult your financial advisor.
Intraday Picks [12/02/2021] #1: watch for resistance breakout buy PolyMed above 585
buy VaibhavGlobal above 2903
POLY MEDBreakout after consolidation.
High volume buying on the previous day.
Minimum 10% upside.
Fundamentally very strong company.
POLYMED, DARVAS BOX BREAKOUT AFTER 4 MONTHSPOLYMED buy trade was generated from alert tool at 2:16PM at 528 to buy above 530. It gave massive move today till 570 and managed to close above closed range after long time.
On Monday if this sustains above 559, it can go higher till 580+
Thanks
Piyush Gupta
Learn & Earn
Polymed - breakout after a long consolidationPolymed had a breakout after a long consolidation on very high volumes. Should make new highs soon.
For education purpose only.
PolyMed : ObservationsBreak 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.
#POLYMED FLAG Pattern BO candidate#POLYMED consolidating nicely and ready to BO from FLAG formation. All details on chart.
