(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 2024-05-21 View latest technical analysis
10 day averaged volume of Polycab is 35087
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 6693.50 | 6532.70 | 6843.80 | 6500.05 | 0.986 times |
| 18 Sat May 2024 | 6495.55 | 6530.00 | 6530.00 | 6470.45 | 0.03 times |
| 17 Fri May 2024 | 6487.65 | 6500.00 | 6542.20 | 6451.45 | 0.561 times |
| 16 Thu May 2024 | 6472.90 | 6499.95 | 6530.40 | 6420.25 | 0.673 times |
| 15 Wed May 2024 | 6468.55 | 6439.85 | 6536.45 | 6291.85 | 0.524 times |
| 14 Tue May 2024 | 6322.95 | 6437.40 | 6479.95 | 6253.00 | 0.499 times |
| 13 Mon May 2024 | 6425.70 | 6263.60 | 6469.65 | 6225.90 | 1.698 times |
| 10 Fri May 2024 | 6153.60 | 5825.15 | 6364.00 | 5765.95 | 4.807 times |
| 09 Thu May 2024 | 5801.60 | 5900.15 | 5950.00 | 5785.65 | 0.63 times |
| 08 Wed May 2024 | 5923.40 | 5815.00 | 5944.90 | 5782.05 | 0.223 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 6840.5, for a target of 6386.6 or 6008.23
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 | 5531.60 |
| Downside Target | 6225.90 |
| Downside Target | 6364.00 |
| Downside Target | 6500.05 |
| Downside Target | 6542.20 |
| Upside Target | 6843.80 |
Intraday share price targets for Polycab (Polycab)
| Target Type | Value |
| Downside Intraday Target | 6514.43 |
| Downside Intraday Target | 6335.37 |
| Upside Intraday Target | 6858.18 |
| Upside Intraday Target | 7022.87 |
| Downside Intraday Target | 6679.12 |
Weekly technical analysis of Polycab (Polycab)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 6693.50 | 6532.70 | 6843.80 | 6500.05 | 0.248 times |
| 18 Sat May 2024 | 6495.55 | 6263.60 | 6542.20 | 6225.90 | 0.611 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 |
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 |
| 21 Tue May 2024 | 6693.50 | 5700.00 | 6843.80 | 5679.45 | 1.367 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 and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 6283.71 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 and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 6283.71 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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