Poly Medicure Monthly Chart
Here I had analysed Poly Medicure on multi time frames.
On monthly time frame the stock is making HH-HL formation.
The previous high is around 350 levels a monthly closing above 350 can take the stock to higher levels.
Keep SL at 200 levels or keep trailing.
Poly Medicure Monthly Chart
On monthly chart forming a Cup & Handle pattern a BO above 350 will confirm the bullish continuation.
Place SL and proper postional sizing are important.
Poly Medicure Daily Chart
On daily charts its forming a HH-HL formation with previous highs at 325 levels, a BO and a close above 325 on DCB can take the stock to new highs.
SL should be 265 in this case.
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The information & charts are for education purpose only.
Analysis by
Raghavendra S
Think Equity
thinkequity1@gmail.com
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