(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 2024-07-31 View latest technical analysis
10 day averaged volume of Polycab is 27022
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Wed Jul 2024 | 6860.15 | 6676.40 | 6882.00 | 6676.40 | 0.464 times |
| 30 Tue Jul 2024 | 6676.40 | 6585.00 | 6697.50 | 6549.20 | 1.259 times |
| 29 Mon Jul 2024 | 6584.00 | 6565.05 | 6640.65 | 6536.85 | 0.789 times |
| 26 Fri Jul 2024 | 6557.10 | 6449.95 | 6572.20 | 6417.55 | 0.548 times |
| 25 Thu Jul 2024 | 6421.25 | 6329.50 | 6454.95 | 6237.05 | 0.939 times |
| 24 Wed Jul 2024 | 6330.10 | 6249.95 | 6377.00 | 6185.05 | 0.333 times |
| 23 Tue Jul 2024 | 6203.10 | 6349.95 | 6349.95 | 5936.40 | 1.339 times |
| 22 Mon Jul 2024 | 6289.60 | 6300.05 | 6420.00 | 6233.60 | 0.858 times |
| 19 Fri Jul 2024 | 6365.20 | 6520.00 | 6520.00 | 6260.00 | 2.265 times |
| 18 Thu Jul 2024 | 6550.25 | 6624.95 | 6710.00 | 6499.15 | 1.42 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 6884, for a target of 6692.9 or 6533.6
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 | 5936.40 |
| Downside Target | 6134.75 |
| Downside Target | 6260.00 |
| Downside Target | 6536.85 |
| Downside Target | 6724.95 |
| Downside Target | 6784.95 |
| Upside Target | 6882.00 |
| Upside Target | 6901.00 |
| Upside Target | 7330.00 |
Intraday share price targets for Polycab (Polycab)
| Target Type | Value |
| Downside Intraday Target | 6637.33 |
| Downside Intraday Target | 6414.52 |
| Upside Intraday Target | 6982.48 |
| Upside Intraday Target | 7104.82 |
| Downside Intraday Target | 6759.67 |
Weekly technical analysis of Polycab (Polycab)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Wed Jul 2024 | 6860.15 | 6565.05 | 6882.00 | 6536.85 | 0.625 times |
| 26 Fri Jul 2024 | 6557.10 | 6300.05 | 6572.20 | 5936.40 | 0.929 times |
| 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 |
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 |
| 31 Wed Jul 2024 | 6860.15 | 6775.65 | 6882.00 | 5936.40 | 0.384 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 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 Weak and stock is losing 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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
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 6455.36 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 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 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 Weak and stock is losing 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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
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 6455.36 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 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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