(Polycab) Polycab complete technical analysis [charts+indicators] | Buy/Sell Polycab | (Polycab) share price targets
Complete technical analysis of Polycab (Polycab) by charts plus indicators, forecast predictions and share price targets for Polycab (Polycab)
Showing technical analysis as on 2024-05-16 View latest technical analysis
10 day averaged volume of Polycab is 38141
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 6472.90 | 6499.95 | 6530.40 | 6420.25 | 0.619 times |
| 15 Wed May 2024 | 6468.55 | 6439.85 | 6536.45 | 6291.85 | 0.482 times |
| 14 Tue May 2024 | 6322.95 | 6437.40 | 6479.95 | 6253.00 | 0.459 times |
| 13 Mon May 2024 | 6425.70 | 6263.60 | 6469.65 | 6225.90 | 1.562 times |
| 10 Fri May 2024 | 6153.60 | 5825.15 | 6364.00 | 5765.95 | 4.422 times |
| 09 Thu May 2024 | 5801.60 | 5900.15 | 5950.00 | 5785.65 | 0.58 times |
| 08 Wed May 2024 | 5923.40 | 5815.00 | 5944.90 | 5782.05 | 0.205 times |
| 07 Tue May 2024 | 5807.00 | 5925.15 | 5945.00 | 5679.45 | 0.326 times |
| 06 Mon May 2024 | 5893.75 | 5899.95 | 5939.95 | 5800.00 | 0.465 times |
| 03 Fri May 2024 | 5830.80 | 5840.00 | 5870.00 | 5750.05 | 0.801 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 6616.6, for a target of 6185.9 or 5826.96
Share price targets for Polycab (Polycab)
| Target Type | Value |
| Downside Target | 3812.35 |
| Downside Target | 4240.00 |
| Downside Target | 4638.00 |
| Downside Target | 4866.55 |
| Downside Target | 5001.05 |
| Downside Target | 5137.10 |
| Downside Target | 5313.65 |
| Downside Target | 5434.00 |
| Downside Target | 5787.10 |
| Downside Target | 5870.00 |
| Downside Target | 6225.90 |
| Downside Target | 6364.00 |
| Upside Target | 6536.45 |
Intraday share price targets for Polycab (Polycab)
| Target Type | Value |
| Downside Intraday Target | 6287.05 |
| Downside Intraday Target | 6101.2 |
| Upside Intraday Target | 6597.6 |
| Upside Intraday Target | 6722.3 |
| Downside Intraday Target | 6411.75 |
Weekly technical analysis of Polycab (Polycab)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 6472.90 | 6263.60 | 6536.45 | 6225.90 | 0.52 times |
| 10 Fri May 2024 | 6153.60 | 5899.95 | 6364.00 | 5679.45 | 2.229 times |
| 03 Fri May 2024 | 5830.80 | 5586.40 | 5870.00 | 5575.00 | 1.225 times |
| 26 Fri Apr 2024 | 5584.15 | 5347.80 | 5685.00 | 5313.65 | 1.594 times |
| 19 Fri Apr 2024 | 5292.45 | 5001.05 | 5434.00 | 5001.05 | 0.745 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 (Polycab)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 6472.90 | 5700.00 | 6536.45 | 5679.45 | 1.203 times |
| 30 Tue Apr 2024 | 5666.60 | 5070.00 | 5787.10 | 5001.05 | 0.759 times |
| 28 Thu Mar 2024 | 5066.30 | 4794.95 | 5137.10 | 4638.00 | 0.514 times |
| 29 Thu Feb 2024 | 4754.05 | 4333.15 | 4866.55 | 4240.00 | 0.224 times |
Scroll below to view daily charts
Price has moved up 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 (Polycab)
Price action analysis of Polycab ( (Polycab) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Polycab ( (Polycab) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Polycab ( (Polycab) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Polycab ( (Polycab) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Polycab stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Polycab in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Polycab Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Polycab in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Polycab is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6164.51 and Polycab (Polycab) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Polycab (Polycab) stock. Volume based technical analysis of Polycab (Polycab) stock is negative.
Polycab Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Polycab ( (Polycab) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Polycab ( (Polycab) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Polycab ( (Polycab) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Polycab ( (Polycab) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Polycab stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Polycab in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Polycab Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Polycab in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Polycab is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6164.51 and Polycab (Polycab) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Polycab (Polycab) stock. Volume based technical analysis of Polycab (Polycab) stock is negative.
Polycab Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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