Poly Medicure Ltd.: Polymed was conceived and established in 1995 by a group of engineers and technocrats dedicated with a vision of providing the highest quality. They are into manufacturing and importing medical devices. They have 8 state of art manufacturing units out of which 5 are situated in India and one each in China, Egypt and Italy. Negative aspect of...
Buyer dominance is necessary to break the resistance zone for the bull run. we could witness a bullish surge following a successful resistance zone breakout.
Created flag pattern on day chart pattern. If sustain above 905 will eaily reach 940. Stoploss 885
I see" NSE:POLYMED can give good move from here, after good consolidation in channel and triangle pattern, it has given breakout and have taken support with inverted hammer candle. IF any suggestion don't miss to comment and if liked give a thumps up :)
POLYMED Equity Levels ...02/08/2021 (D candle)
Polymed sustained above 0.38 retracement- probability of price will move to 0.6 can be higher.
Good to buy ,when seen a bullish candle movement.
POLYMED is on verge of breaking 4Y trend line with good volume Add to watchlist - trend as per market direction. Incase if sustains above the trend line -- we can see 600+ in next couple of sessions.