(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 2024-08-06 View latest technical analysis
10 day averaged volume of Polycab is 22237
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 6405.50 | 6482.70 | 6609.85 | 6383.80 | 0.265 times |
| 05 Mon Aug 2024 | 6453.50 | 6303.35 | 6617.95 | 6303.35 | 1.724 times |
| 02 Fri Aug 2024 | 6753.00 | 6699.90 | 6836.70 | 6668.90 | 0.224 times |
| 01 Thu Aug 2024 | 6771.70 | 6890.00 | 6909.20 | 6760.00 | 1.162 times |
| 31 Wed Jul 2024 | 6860.15 | 6676.40 | 6882.00 | 6676.40 | 0.563 times |
| 30 Tue Jul 2024 | 6676.40 | 6585.00 | 6697.50 | 6549.20 | 1.53 times |
| 29 Mon Jul 2024 | 6584.00 | 6565.05 | 6640.65 | 6536.85 | 0.958 times |
| 26 Fri Jul 2024 | 6557.10 | 6449.95 | 6572.20 | 6417.55 | 0.666 times |
| 25 Thu Jul 2024 | 6421.25 | 6329.50 | 6454.95 | 6237.05 | 1.142 times |
| 24 Wed Jul 2024 | 6330.10 | 6249.95 | 6377.00 | 6185.05 | 0.404 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 6355.6 as stoploss in an intra day buy trade for a target of 6525.33. However, stock will show a bearish move below 6355.6.
Share price targets for Polycab (Polycab)
| Target Type | Value |
| Downside Target | 5001.05 |
| Downside Target | 5679.45 |
| Downside Target | 5936.40 |
| Downside Target | 6134.75 |
| Downside Target | 6260.00 |
| Upside Target | 6536.85 |
| Upside Target | 6676.30 |
| Upside Target | 6724.95 |
| Upside Target | 6882.00 |
| Upside Target | 6901.00 |
| Upside Target | 6909.20 |
| Upside Target | 7330.00 |
Intraday share price targets for Polycab (Polycab)
| Target Type | Value |
| Downside Intraday Target | 6266.58 |
| Downside Intraday Target | 6127.67 |
| Upside Intraday Target | 6581.18 |
| Upside Intraday Target | 6756.87 |
| Upside Intraday Target | 6442.27 |
Weekly technical analysis of Polycab (Polycab)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 6405.50 | 6303.35 | 6617.95 | 6303.35 | 0.448 times |
| 02 Fri Aug 2024 | 6753.00 | 6565.05 | 6909.20 | 6536.85 | 0.909 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 |
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 |
| 06 Tue Aug 2024 | 6405.50 | 6890.00 | 6909.20 | 6303.35 | 0.128 times |
| 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 |
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 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 short 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 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 neutral. A longer time frame might give a better analysis.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Polycab in short term but BUY signal is weak.
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 6581.01 and Polycab (Polycab) stock is trading below this level. This means that stock is falling with high volumes. 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 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 short 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 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 neutral. A longer time frame might give a better analysis.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Polycab in short term but BUY signal is weak.
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 6581.01 and Polycab (Polycab) stock is trading below this level. This means that stock is falling with high volumes. 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.
Click here for further forecast and predictions for tomorrow