(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 2024-07-19 View latest technical analysis
10 day averaged volume of Polycab is 22515
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Fri Jul 2024 | 6365.20 | 6520.00 | 6520.00 | 6260.00 | 2.719 times |
| 18 Thu Jul 2024 | 6550.25 | 6624.95 | 6710.00 | 6499.15 | 1.704 times |
| 16 Tue Jul 2024 | 6624.95 | 6724.95 | 6724.95 | 6608.65 | 0.3 times |
| 15 Mon Jul 2024 | 6660.10 | 6584.70 | 6690.00 | 6520.00 | 0.466 times |
| 12 Fri Jul 2024 | 6574.55 | 6668.75 | 6668.75 | 6510.60 | 1.302 times |
| 11 Thu Jul 2024 | 6611.00 | 6380.05 | 6637.95 | 6380.00 | 1.911 times |
| 10 Wed Jul 2024 | 6359.40 | 6455.75 | 6475.50 | 6311.15 | 1.433 times |
| 09 Tue Jul 2024 | 6455.75 | 6587.10 | 6593.20 | 6415.30 | 0.555 times |
| 08 Mon Jul 2024 | 6545.85 | 6649.95 | 6676.30 | 6538.45 | 0.497 times |
| 05 Fri Jul 2024 | 6629.15 | 6665.70 | 6696.85 | 6595.40 | 1.059 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 6469.4, but if it comes above 6469.4, then a intra day buy could be more profitable.
If you take a sell trade below 6469.4, then use 6469.4 as stoploss and 6166.4 as target. However if you take a buy trade in stock , then use 6469.4 as stoploss and 6721.9 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 | 6260.00 |
| Upside Target | 6541.55 |
| Upside Target | 6784.95 |
| Upside Target | 6901.00 |
| Upside Target | 6901.50 |
| Upside Target | 7211.90 |
| Upside Target | 7330.00 |
Intraday share price targets for Polycab (Polycab)
| Target Type | Value |
| Downside Intraday Target | 6175.15 |
| Downside Intraday Target | 5985.1 |
| Upside Intraday Target | 6640.1 |
| Upside Intraday Target | 6915 |
| Upside Intraday Target | 6450.05 |
Weekly technical analysis of Polycab (Polycab)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Fri Jul 2024 | 6365.20 | 6584.70 | 6724.95 | 6260.00 | 0.911 times |
| 12 Fri Jul 2024 | 6574.55 | 6649.95 | 6676.30 | 6311.15 | 0.779 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 |
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 |
| 19 Fri Jul 2024 | 6365.20 | 6775.65 | 6784.95 | 6260.00 | 0.269 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 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 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 and the sell signal is strong.
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 red color and prices are below the red 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 BUY signal in short term but buying 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 6506.19 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 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 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 and the sell signal is strong.
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 red color and prices are below the red 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 BUY signal in short term but buying 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 6506.19 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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