(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 2024-07-02 View latest technical analysis
10 day averaged volume of Polycab is 126375
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Tue Jul 2024 | 6628.50 | 6738.20 | 6784.95 | 6541.55 | 0.54 times |
| 01 Mon Jul 2024 | 6737.85 | 6775.65 | 6782.30 | 6704.55 | 0.133 times |
| 28 Fri Jun 2024 | 6735.90 | 6779.35 | 6824.35 | 6636.45 | 8.829 times |
| 27 Thu Jun 2024 | 6989.85 | 7232.05 | 7320.00 | 6942.00 | 0.314 times |
| 26 Wed Jun 2024 | 7182.55 | 7150.05 | 7322.25 | 7150.05 | 0.123 times |
| 25 Tue Jun 2024 | 7233.90 | 7294.00 | 7330.00 | 7194.70 | 0.059 times |
| 24 Mon Jun 2024 | 7089.55 | 7040.95 | 7211.90 | 6950.00 | 0.178 times |
| 21 Fri Jun 2024 | 7089.55 | 7040.95 | 7211.90 | 6950.00 | 0.178 times |
| 20 Thu Jun 2024 | 6953.55 | 6994.75 | 7028.75 | 6901.50 | 0.04 times |
| 19 Wed Jun 2024 | 7001.55 | 7137.75 | 7178.35 | 6976.75 | 0.111 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6740.5, but if it comes above 6740.5, then a intra day buy could be more profitable.
If you take a sell trade below 6740.5, then use 6740.5 as stoploss and 6513.2 as target. However if you take a buy trade in stock , then use 6740.5 as stoploss and 6929.97 as target.
Share price targets for Polycab (Polycab)
| Target Type | Value |
| Downside Target | 4638.00 |
| Downside Target | 5001.05 |
| Downside Target | 5137.10 |
| Downside Target | 5679.45 |
| Downside Target | 6134.75 |
| Downside Target | 6541.55 |
| Upside Target | 6901.00 |
| Upside Target | 6901.50 |
| 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 | 6518.38 |
| Downside Intraday Target | 6408.27 |
| Upside Intraday Target | 6761.78 |
| Upside Intraday Target | 6895.07 |
| Upside Intraday Target | 6651.67 |
Weekly technical analysis of Polycab (Polycab)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Tue Jul 2024 | 6628.50 | 6775.65 | 6784.95 | 6541.55 | 0.071 times |
| 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 |
Price has moved down 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 |
| 02 Tue Jul 2024 | 6628.50 | 6775.65 | 6784.95 | 6541.55 | 0.056 times |
| 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 |
Scroll below to view daily charts
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 (Polycab)
Price action analysis of Polycab ( (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 ( (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 ( (Polycab) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 but selling is losing 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 6761.63 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 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 ( (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 ( (Polycab) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 but selling is losing 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 6761.63 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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