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AALGO BREATHS I SEBI RA

12th Dec · SEBI-Registered Analyst

Poly Medicure – Educational Chart Breakdown

POLYMED
📊 Poly Medicure – Educational Chart Breakdown (SEBI Reg. INH000019886 | For Learning Purpose Only) The chart is showing a Triple Bottom formation near the lower demand zone, supported by a falling wedge, both of which are typically bullish reversal patterns. 🔍 Key Observations Bottom 1 → Bottom 2 → Bottom 3 forming a strong base around the same support Price respecting the lower Bollinger band, indicating exhaustion in selling Falling Wedge structure still intact — a breakout above the wedge can trigger momentum Volume spikes near bottoms show buyer interest returning Indicators turning slowly upward from oversold regions 🎯 Edu Levels Support Zone: ₹1840 – ₹1855 Immediate Resistance: ₹1920 Breakout Level: ₹1955 Pattern Target Zone: ~₹2120 📈 Summary A triple-bottom + falling-wedge combo usually signals a potential trend reversal. If price closes above ₹1955 with volume, the structure opens a move toward the higher target zone. ⚠️ Purely for educational & learning purposes. — AALGO BREATHS

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