(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 2024-08-22 View latest technical analysis
10 day averaged volume of Polycab is 15612
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 6828.65 | 6805.00 | 6869.55 | 6770.00 | 0.299 times |
| 21 Wed Aug 2024 | 6784.00 | 6790.00 | 6842.00 | 6740.00 | 0.557 times |
| 20 Tue Aug 2024 | 6783.15 | 6783.95 | 6881.40 | 6672.65 | 3.684 times |
| 19 Mon Aug 2024 | 6639.30 | 6700.65 | 6700.65 | 6500.00 | 0.485 times |
| 16 Fri Aug 2024 | 6671.05 | 6478.45 | 6708.00 | 6418.85 | 0.775 times |
| 14 Wed Aug 2024 | 6411.20 | 6479.75 | 6479.75 | 6307.35 | 0.614 times |
| 13 Tue Aug 2024 | 6414.65 | 6590.00 | 6606.75 | 6382.15 | 0.885 times |
| 12 Mon Aug 2024 | 6587.00 | 6575.15 | 6654.45 | 6550.25 | 0.641 times |
| 09 Fri Aug 2024 | 6649.20 | 6744.50 | 6744.50 | 6608.65 | 0.588 times |
| 08 Thu Aug 2024 | 6634.95 | 6706.85 | 6707.00 | 6616.75 | 1.056 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 6773.5, but if it comes below 6773.5, then a intra day sell could be more profitable.
If you take a sell trade below 6773.5, then use 6773.5 as stoploss and 6629.67 as target. However if you take a buy trade in stock , then use 6773.5 as stoploss and 6946.1 as target.
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 | 6303.35 |
| Downside Target | 6500.00 |
| Downside Target | 6708.00 |
| Upside Target | 6881.40 |
| 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 | 6591.97 |
| Downside Intraday Target | 6355.28 |
| Upside Intraday Target | 6973.37 |
| Upside Intraday Target | 7118.08 |
| Downside Intraday Target | 6736.68 |
Weekly technical analysis of Polycab (Polycab)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 6828.65 | 6700.65 | 6881.40 | 6500.00 | 1.724 times |
| 16 Fri Aug 2024 | 6671.05 | 6575.15 | 6708.00 | 6307.35 | 0.561 times |
| 09 Fri Aug 2024 | 6649.20 | 6303.35 | 6744.50 | 6303.35 | 0.821 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Polycab (Polycab)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 6828.65 | 6890.00 | 6909.20 | 6303.35 | 0.402 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 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 gaining 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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 6672.75 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 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 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 gaining 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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 6672.75 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 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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