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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.

10 day averaged volume of Poly Medicure is 54235

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	1584.05	1569.95	1595.00	1550.65	1.369 times
24 Wed Apr 2024	1561.20	1535.00	1568.40	1532.00	1.491 times
23 Tue Apr 2024	1533.55	1557.00	1566.20	1488.60	0.925 times
22 Mon Apr 2024	1549.00	1563.35	1606.60	1537.80	1.322 times
19 Fri Apr 2024	1563.30	1574.95	1616.80	1547.80	1.664 times
18 Thu Apr 2024	1570.60	1570.00	1592.00	1542.00	0.985 times
16 Tue Apr 2024	1568.40	1520.00	1577.00	1515.65	1.709 times
15 Mon Apr 2024	1550.20	1540.00	1563.45	1501.00	0.621 times
12 Fri Apr 2024	1547.70	1565.00	1569.95	1538.20	0.49 times
10 Wed Apr 2024	1560.00	1575.80	1578.95	1550.85	0.265 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1578.7, but if it comes below 1578.7, then a intra day sell could be more profitable.
If you take a sell trade below 1578.7, then use 1578.7 as stoploss and 1564.07 as target. However if you take a buy trade in stock , then use 1578.7 as stoploss and 1596.2 as target.

Share price targets for Poly Medicure (POLYMED)

Target Type	Value
Downside Target	1361.00
Downside Target	1437.10
Downside Target	1488.60
Downside Target	1582.45
Upside Target	1595.00
Upside Target	1595.20
Upside Target	1606.60
Upside Target	1616.80
Upside Target	1652.00
Upside Target	1677.00
Upside Target	1729.00

Intraday share price targets for Poly Medicure (POLYMED)

Target Type	Value
Downside Intraday Target	1512.9
Downside Intraday Target	1441.75
Upside Intraday Target	1630.9
Upside Intraday Target	1677.75
Downside Intraday Target	1559.75

Weekly technical analysis of Poly Medicure (POLYMED)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	1584.05	1563.35	1606.60	1488.60	1.026 times
19 Fri Apr 2024	1563.30	1540.00	1616.80	1501.00	2.875 times
12 Fri Apr 2024	1547.70	1581.35	1582.45	1526.70	0.249 times
05 Fri Apr 2024	1567.55	1589.20	1595.20	1545.05	5.062 times
28 Thu Mar 2024	1589.20	1544.75	1595.00	1538.10	0.412 times

Price has moved up 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
25 Thu Apr 2024	1584.05	1589.20	1616.80	1488.60	0.872 times
28 Thu Mar 2024	1589.20	1571.00	1652.00	1373.00	0.466 times
29 Thu Feb 2024	1563.15	1456.00	1729.00	1455.95	1.772 times
31 Wed Jan 2024	1456.65	1490.00	1547.80	1361.00	0.72 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Poly Medicure ( (POLYMED) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Poly Medicure ( (POLYMED) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Poly Medicure ( (POLYMED) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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

MACD generated a BUY signal for Poly Medicure in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Poly Medicure Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Poly Medicure in short term and BUY 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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1561.28 and Poly Medicure (POLYMED) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

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