(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 2024-06-28 View latest technical analysis
10 day averaged volume of Polycab is 16972
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Fri Jun 2024 | 6735.90 | 6779.35 | 6824.35 | 6636.45 | 65.743 times |
| 27 Thu Jun 2024 | 6989.85 | 7232.05 | 7320.00 | 6942.00 | 2.341 times |
| 26 Wed Jun 2024 | 7182.55 | 7150.05 | 7322.25 | 7150.05 | 0.917 times |
| 25 Tue Jun 2024 | 7233.90 | 7294.00 | 7330.00 | 7194.70 | 0.442 times |
| 24 Mon Jun 2024 | 7089.55 | 7040.95 | 7211.90 | 6950.00 | 1.322 times |
| 21 Fri Jun 2024 | 7089.55 | 7040.95 | 7211.90 | 6950.00 | 1.322 times |
| 20 Thu Jun 2024 | 6953.55 | 6994.75 | 7028.75 | 6901.50 | 0.296 times |
| 19 Wed Jun 2024 | 7001.55 | 7137.75 | 7178.35 | 6976.75 | 0.826 times |
| 18 Tue Jun 2024 | 7111.75 | 7141.35 | 7150.00 | 7061.85 | 0.265 times |
| 14 Fri Jun 2024 | 7045.90 | 7050.00 | 7065.85 | 6943.00 | 1.135 times |
Stock of Polycab (Polycab) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6769.7, but if it comes above 6769.7, then a intra day buy could be more profitable.
If you take a sell trade below 6769.7, then use 6769.7 as stoploss and 6558.6 as target. However if you take a buy trade in stock , then use 6769.7 as stoploss and 6945.53 as target.
Share price targets for Polycab (Polycab)
| Target Type | Value |
| Downside Target | 4240.00 |
| Downside Target | 4638.00 |
| Downside Target | 4866.55 |
| Downside Target | 5001.05 |
| Downside Target | 5137.10 |
| Downside Target | 5679.45 |
| Downside Target | 6134.75 |
| Downside Target | 6621.35 |
| Upside Target | 6901.00 |
| Upside Target | 7092.35 |
| Upside Target | 7106.20 |
| Upside Target | 7211.90 |
| Upside Target | 7330.00 |
Intraday share price targets for Polycab (Polycab)
| Target Type | Value |
| Downside Intraday Target | 6471.57 |
| Downside Intraday Target | 6207.23 |
| Upside Intraday Target | 7165.12 |
| Upside Intraday Target | 7594.33 |
| Upside Intraday Target | 6900.78 |
Weekly technical analysis of Polycab (Polycab)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Fri Jun 2024 | 6735.90 | 7040.95 | 7330.00 | 6636.45 | 26.125 times |
| 21 Fri Jun 2024 | 7089.55 | 7141.35 | 7211.90 | 6901.50 | 0.529 times |
| 14 Fri Jun 2024 | 7045.90 | 6919.75 | 7092.35 | 6729.05 | 0.455 times |
| 07 Fri Jun 2024 | 6846.90 | 6920.05 | 7106.20 | 6134.75 | 2.381 times |
| 31 Fri May 2024 | 6746.40 | 6729.20 | 6901.00 | 6621.35 | 0.932 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Polycab (Polycab)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 28 Fri Jun 2024 | 6735.90 | 6920.05 | 7330.00 | 6134.75 | 2.576 times |
| 31 Fri May 2024 | 6746.40 | 5700.00 | 6901.00 | 5679.45 | 1.758 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 |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Polycab (Polycab)
Price action analysis of Polycab ( (Polycab) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Polycab ( (Polycab) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Polycab in short term but the sell signal is initial and weak.
Polycab Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Polycab 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
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 6774.69 and Polycab (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 (Polycab) stock. Volume based technical analysis of Polycab (Polycab) stock is negative.
Polycab Stock has given negative 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Polycab ( (Polycab) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Polycab in short term but the sell signal is initial and weak.
Polycab Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Polycab 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
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 6774.69 and Polycab (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 (Polycab) stock. Volume based technical analysis of Polycab (Polycab) stock is negative.
Polycab Stock has given negative 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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