(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 2024-07-08 View latest technical analysis
10 day averaged volume of Polycab is 136565
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 6545.85 | 6649.95 | 6676.30 | 6538.45 | 0.082 times |
| 05 Fri Jul 2024 | 6629.15 | 6665.70 | 6696.85 | 6595.40 | 0.175 times |
| 04 Thu Jul 2024 | 6662.90 | 6780.00 | 6780.00 | 6653.05 | 0.127 times |
| 03 Wed Jul 2024 | 6711.15 | 6642.00 | 6732.00 | 6625.00 | 0.281 times |
| 02 Tue Jul 2024 | 6628.50 | 6738.20 | 6784.95 | 6541.55 | 0.5 times |
| 01 Mon Jul 2024 | 6737.85 | 6775.65 | 6782.30 | 6704.55 | 0.123 times |
| 28 Fri Jun 2024 | 6735.90 | 6779.35 | 6824.35 | 6636.45 | 8.17 times |
| 27 Thu Jun 2024 | 6989.85 | 7232.05 | 7320.00 | 6942.00 | 0.291 times |
| 26 Wed Jun 2024 | 7182.55 | 7150.05 | 7322.25 | 7150.05 | 0.114 times |
| 25 Tue Jun 2024 | 7233.90 | 7294.00 | 7330.00 | 7194.70 | 0.055 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 6464.7, for a target of 6707.4 or 6909.58
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 | 6538.45 |
| Upside Target | 6784.95 |
| Upside Target | 6901.00 |
| Upside Target | 6901.50 |
| Upside Target | 7092.35 |
| Upside Target | 7211.90 |
| Upside Target | 7330.00 |
Intraday share price targets for Polycab (Polycab)
| Target Type | Value |
| Downside Intraday Target | 6497.43 |
| Downside Intraday Target | 6449.02 |
| Upside Intraday Target | 6635.28 |
| Upside Intraday Target | 6724.72 |
| Upside Intraday Target | 6586.87 |
Weekly technical analysis of Polycab (Polycab)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 6545.85 | 6649.95 | 6676.30 | 6538.45 | 0.068 times |
| 05 Fri Jul 2024 | 6629.15 | 6775.65 | 6784.95 | 6541.55 | 0.137 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 |
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 |
| 08 Mon Jul 2024 | 6545.85 | 6775.65 | 6784.95 | 6538.45 | 0.115 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 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 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Polycab is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6740.76 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 negative.
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 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 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Polycab is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6740.76 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 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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