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(POLYMED) Poly Medicure complete technical analysis [charts+indicators] | Buy/Sell Poly Medicure | (POLYMED) share price targets

Complete technical analysis of Poly Medicure (POLYMED) by charts plus indicators, forecast predictions and share price targets for Poly Medicure (POLYMED)

Poly Medicure trades in NSE in Medical Equipment sector.

Showing technical analysis as on 2025-01-16 View latest technical analysis

10 day averaged volume of Poly Medicure is 138441

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	2479.80	2475.00	2501.00	2446.10	0.867 times
15 Wed Jan 2025	2499.95	2556.30	2556.30	2475.00	1.835 times
14 Tue Jan 2025	2556.30	2561.10	2614.00	2546.55	0.523 times
13 Mon Jan 2025	2599.15	2670.00	2679.15	2560.00	0.936 times
10 Fri Jan 2025	2675.95	2689.75	2711.00	2649.95	0.574 times
09 Thu Jan 2025	2690.15	2767.00	2793.00	2671.45	0.5 times
08 Wed Jan 2025	2756.30	2840.05	2876.45	2717.45	0.87 times
07 Tue Jan 2025	2842.65	2850.25	2866.00	2755.55	0.756 times
06 Mon Jan 2025	2826.20	2786.70	2869.00	2786.70	2.251 times
03 Fri Jan 2025	2775.30	2750.00	2797.35	2705.75	1.055 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2524.4, but if it comes above 2524.4, then a intra day buy could be more profitable.
If you take a sell trade below 2524.4, then use 2524.4 as stoploss and 2394.8 as target. However if you take a buy trade in stock , then use 2524.4 as stoploss and 2632.49 as target.

Share price targets for Poly Medicure (POLYMED)

Target Type	Value
Downside Target	2241.85
Downside Target	2446.10
Upside Target	2504.00
Upside Target	2627.15
Upside Target	2686.60
Upside Target	2797.35
Upside Target	2873.80
Upside Target	2876.45
Upside Target	2978.80
Upside Target	3031.00
Upside Target	3357.80

Intraday share price targets for Poly Medicure (POLYMED)

Target Type	Value
Downside Intraday Target	2390.88
Downside Intraday Target	2301.97
Upside Intraday Target	2623.93
Upside Intraday Target	2768.07
Upside Intraday Target	2535.02

Weekly technical analysis of Poly Medicure (POLYMED)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	2479.80	2670.00	2679.15	2446.10	0.84 times
10 Fri Jan 2025	2675.95	2786.70	2876.45	2649.95	0.981 times
03 Fri Jan 2025	2775.30	2527.75	2797.35	2519.40	1.229 times
27 Fri Dec 2024	2527.75	2627.15	2627.15	2450.35	0.922 times
20 Fri Dec 2024	2595.75	2865.95	2873.80	2566.00	1.153 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Poly Medicure (POLYMED)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	2479.80	2620.00	2876.45	2446.10	0.473 times
31 Tue Dec 2024	2615.25	2782.55	3031.00	2450.35	0.596 times
29 Fri Nov 2024	2782.60	2917.45	3357.80	2504.00	1.211 times
31 Thu Oct 2024	2874.30	2315.00	2978.80	2277.05	1.367 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Poly Medicure (POLYMED)

Price action analysis of Poly Medicure ( (POLYMED) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Poly Medicure ( (POLYMED) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Poly Medicure ( (POLYMED) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Poly Medicure stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Poly Medicure in short term and the sell signal is strong.

Poly Medicure Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Poly Medicure in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Poly Medicure is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2677.78 and Poly Medicure (POLYMED) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Poly Medicure (POLYMED) stock. Volume based technical analysis of Poly Medicure (POLYMED) stock is negative.

Poly Medicure Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.