POLYMED - Swing Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📉 Swing Trade Analysis: Poly Medicure Ltd. (POLYMED)

Swing Trade Rating: 2.5

📊 Technical Overview

Bearish Bias

RSI at 28.6: Deep into oversold territory — momentum is weak, signaling caution.

MACD at −58.4: Bearish trend is firmly intact, lacking reversal signs.

Price at ₹1,977 trades below both 50 DMA (₹2,192) and 200 DMA (₹2,267) — confirming sustained downtrend.

52-Week Collapse: Stock has fallen ~41% from its high of ₹3,358 — a major breakdown.

Volume Neutral: Current volume slightly above 1-week average — no strong directional signal.

🧮 Fundamental Snapshot

Valuation Stretch

P/E of 59.1 vs Industry PE of 35.8 — stock is richly priced.

PEG Ratio of 1.74: Suggests some growth support, but not compelling for swing entry.

Solid Profitability

ROCE (20.2%) and ROE (16.0%) — decent efficiency metrics.

EPS of ₹33.4 and PAT rising from ₹85.2 Cr. to ₹91.8 Cr. — healthy earnings trend.

Low Leverage: Debt to equity at just 0.07 — good for stability.

Dividend Yield at 0.15%: Minimal income play — retention likely focused on growth.

📉 Institutional Sentiment

FII Hold ↓ −0.05% and DII Hold ↓ −0.24%: Mild disinterest from large players.

🎯 Optimal Entry Zone

Entry Range: ₹1,880–₹1,930

Closer to ₹1,788 low offers a safer entry with support nearby.

Only consider buying after RSI climbs past 35 and MACD flattens out.

🚪 Exit Strategy (If Already Holding)

Target Zone: ₹2,150–₹2,200

Near 50 DMA — likely to act as short-term resistance.

Stop-Loss: ₹1,850

Protects against fresh breakdown below recent support.

Poly Medicure shows short-term technical weakness despite decent fundamentals. Right now, it's more suitable for watchlist placement unless there's a clear reversal sign. If you'd like to explore stronger candidates in the medical devices or diagnostics sector for a swing trade setup, I’ve got just the picks. 🔍📈

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