Bullish opportunity - Swing tradeAll time high breakout with good volumes. Stock had a good consolidation phase before giving this huge breakout.
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30.60 INR
2.58 B INR
13.68 B INR
31.87 M
About POLY MEDICURE LTD
Sector
Industry
CEO
Himanshu Baid
Website
Headquarters
New Delhi
Founded
1995
ISIN
INE205C01021
FIGI
BBG000GV1Z40
Poly Medicure Ltd. engages in the manufacture and sales of medical devices. Its products are used in infusion therapy, central venous access catheters, blood management, urology, dialysis, diagnostics, and pediatrics. The company was founded by Jugal Kishore Baid on March 30, 1995, and is headquartered in New Delhi, India.
POLY MEDICURE LTD S/RSupport and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (re
PolyMedicure Wave AnalysisAccording to the wave analysis, C OF 4th wave down is in progress. Poly Medicure should take support in the range of 1700-1800 and will create RSI divergence on daily charts. Then it can move the next wave up.
Go long - swing pickShows huge delivery %
Go long if 15m close crosses top line
Bottom line is sl, wait for day's candle to close below
Keep 1:1.5 RR.
swing pick - go long - this stock is picked after market close based on delivery qty data.
- follow this stock for next 5 days , if entry not triggered with in 5 days , ignore pick
- if price crosses today's high , go long
- keep candle low as sl , for tgt keep 1:1.5 Risk Reward
Breakout Opportunity in Poly Medicure Ltd (POLYMED) Stock Analysis
Poly Medicure Ltd (POLYMED) is breaking out above resistance with significant volume spikes.
This suggests strong buying interest and potential for further price movement.
Trading Strategy
Target Placement: The minimum target is mentioned on the chart, but you can aim for
rejection at previous swing highs A rejection took place in polycan at swing highs is something to b e cautious about
volumes were 17X more than average volume in a week
resistance at the higher end at swing highs and till that is taken out fresh long side trade comes with a risk
weekend Research: Poly Medicure Ltd CMP 1520.1Poly 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
Poly MedicarePoly medicare looking good for swing after successful breakout. Keep an eye on it. View is just for educational purpose.
Poly medicareany volume greaater than 951 k would be good for the next breakout nearest target from here is 1700 . retest have happened after the recent breakout
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of POLYMED is 2,781.00 INR — it has decreased by −2.42% in the past 24 hours. Watch POLY MEDICURE LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange POLY MEDICURE LTD stocks are traded under the ticker POLYMED.
POLYMED stock has fallen by −4.68% compared to the previous week, the month change is a 18.67% rise, over the last year POLY MEDICURE LTD has showed a 94.20% increase.
We've gathered analysts' opinions on POLY MEDICURE LTD future price: according to them, POLYMED price has a max estimate of 2,850.00 INR and a min estimate of 2,030.00 INR. Watch POLYMED chart and read a more detailed POLY MEDICURE LTD stock forecast: see what analysts think of POLY MEDICURE LTD and suggest that you do with its stocks.
POLYMED reached its all-time high on Nov 1, 2024 with the price of 3,357.80 INR, and its all-time low was 22.65 INR and was reached on Dec 21, 2011. View more price dynamics on POLYMED chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
POLYMED stock is 3.63% volatile and has beta coefficient of 0.37. Track POLY MEDICURE LTD stock price on the chart and check out the list of the most volatile stocks — is POLY MEDICURE LTD there?
Today POLY MEDICURE LTD has the market capitalization of 281.15 B, it has increased by 8.65% over the last week.
Yes, you can track POLY MEDICURE LTD financials in yearly and quarterly reports right on TradingView.
POLY MEDICURE LTD is going to release the next earnings report on Jan 24, 2025. Keep track of upcoming events with our Earnings Calendar.
POLYMED net income for the last quarter is 874.55 M INR, while the quarter before that showed 740.39 M INR of net income which accounts for 18.12% change. Track more POLY MEDICURE LTD financial stats to get the full picture.
Yes, POLYMED dividends are paid annually. The last dividend per share was 3.00 INR. As of today, Dividend Yield (TTM)% is 0.11%. Tracking POLY MEDICURE LTD dividends might help you take more informed decisions.
POLY MEDICURE LTD dividend yield was 0.19% in 2023, and payout ratio reached 11.15%. The year before the numbers were 0.31% and 16.05% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Nov 10, 2024, the company has 2.65 K employees. See our rating of the largest employees — is POLY MEDICURE LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. POLY MEDICURE LTD EBITDA is 4.06 B INR, and current EBITDA margin is 26.36%. See more stats in POLY MEDICURE LTD financial statements.
Like other stocks, POLYMED shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade POLY MEDICURE LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So POLY MEDICURE LTD technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating POLY MEDICURE LTD stock shows the buy signal. See more of POLY MEDICURE LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.