(POLYCAB) Polycab India complete technical analysis [charts+indicators] | Buy/Sell Polycab India | (POLYCAB) share price targets
Complete technical analysis of Polycab India (POLYCAB) by charts plus indicators, forecast predictions and share price targets for Polycab India (POLYCAB)
10 day averaged volume of Polycab India is 272515
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Thu Nov 2024 | 6408.35 | 6525.00 | 6532.00 | 6390.05 | 0.731 times |
| 19 Tue Nov 2024 | 6517.05 | 6493.00 | 6610.40 | 6460.00 | 0.725 times |
| 18 Mon Nov 2024 | 6444.65 | 6295.90 | 6485.70 | 6257.50 | 1.672 times |
| 14 Thu Nov 2024 | 6301.90 | 6334.95 | 6400.00 | 6277.45 | 0.702 times |
| 13 Wed Nov 2024 | 6328.25 | 6465.00 | 6479.95 | 6264.15 | 0.853 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 6358.1 as stoploss in an intra day buy trade for a target of 6514.46. However, stock will show a bearish move below 6358.1.
Share price targets for Polycab India (POLYCAB)
| Target Type | Value |
| Downside Target | 5930.05 |
| Downside Target | 6257.50 |
| Upside Target | 6531.40 |
| Upside Target | 6610.40 |
| Upside Target | 6798.75 |
| Upside Target | 6882.00 |
| Upside Target | 6906.00 |
| Upside Target | 6950.00 |
| Upside Target | 7119.00 |
| Upside Target | 7605.00 |
Intraday share price targets for Polycab India (POLYCAB)
| Target Type | Value |
| Downside Intraday Target | 6240.43 |
| Downside Intraday Target | 6072.52 |
| Upside Intraday Target | 6593.33 |
| Upside Intraday Target | 6778.32 |
| Upside Intraday Target | 6425.42 |
Weekly technical analysis of Polycab India (POLYCAB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Thu Nov 2024 | 6408.35 | 6295.90 | 6610.40 | 6257.50 | 1.066 times |
| 14 Thu Nov 2024 | 6301.90 | 6725.80 | 6798.75 | 6264.15 | 0.423 times |
| 08 Fri Nov 2024 | 6725.80 | 6505.00 | 6950.00 | 6371.40 | 3.366 times |
| 01 Fri Nov 2024 | 6501.80 | 6430.00 | 6531.40 | 6335.00 | 0.7 times |
| 30 Wed Oct 2024 | 6394.35 | 6500.00 | 6524.55 | 6308.00 | 0.302 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Polycab India (POLYCAB)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Thu Nov 2024 | 6408.35 | 6500.00 | 6950.00 | 6257.50 | 0.294 times |
| 31 Thu Oct 2024 | 6480.40 | 6987.95 | 7605.00 | 6308.00 | 1.54 times |
| 30 Mon Sep 2024 | 6955.20 | 6839.95 | 7119.00 | 6425.55 | 1.093 times |
| 30 Fri Aug 2024 | 6813.40 | 6900.00 | 6906.00 | 6308.75 | 0.538 times |
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Polycab India (POLYCAB)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 21, 29, 15 | Sell |
| MACD | -176, -159 | Sell |
| Stochastics | 29 | Sell |
| CCI | -54 | Sell |
| RSI | 48 | Sell |
| OBV | 458524 | Sell |
| VWAP | 6606 | Sell |
| ADL | 0 | Sell |
| ROC | -3 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Polycab India ( (POLYCAB) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Polycab India ( (POLYCAB) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Polycab India ( (POLYCAB) ) based on a short to mid term time period is
Price action analysis of Polycab India ( (POLYCAB) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Polycab India stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Polycab India in short term and the sell signal is strong.
Polycab India Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Polycab India in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Polycab India is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6606.11 and Polycab India (POLYCAB) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Polycab India (POLYCAB) stock. Volume based technical analysis of Polycab India (POLYCAB) stock is negative.
Polycab India Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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