(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 2024-09-12 View latest technical analysis
10 day averaged volume of Polycab is 8752
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Thu Sep 2024 | 6843.85 | 6821.00 | 6889.95 | 6807.95 | 1.141 times |
| 11 Wed Sep 2024 | 6811.85 | 6729.85 | 6841.00 | 6674.50 | 0.986 times |
| 10 Tue Sep 2024 | 6682.35 | 6685.00 | 6739.70 | 6655.05 | 0.397 times |
| 09 Mon Sep 2024 | 6658.85 | 6584.30 | 6702.10 | 6574.60 | 1.031 times |
| 06 Fri Sep 2024 | 6620.15 | 6699.95 | 6699.95 | 6583.85 | 0.286 times |
| 05 Thu Sep 2024 | 6645.35 | 6704.40 | 6721.15 | 6476.95 | 1.631 times |
| 04 Wed Sep 2024 | 6716.70 | 6670.85 | 6739.95 | 6670.85 | 0.642 times |
| 03 Tue Sep 2024 | 6766.30 | 6748.55 | 6786.15 | 6700.00 | 0.406 times |
| 02 Mon Sep 2024 | 6717.95 | 6814.70 | 6840.00 | 6700.00 | 1.961 times |
| 30 Fri Aug 2024 | 6814.40 | 6780.00 | 6859.95 | 6746.60 | 1.997 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 6805.7, but if it comes below 6805.7, then a intra day sell could be more profitable.
If you take a sell trade below 6805.7, then use 6805.7 as stoploss and 6739.9 as target. However if you take a buy trade in stock , then use 6805.7 as stoploss and 6884.7 as target.
Share price targets for Polycab (Polycab)
| Target Type | Value |
| Downside Target | 5679.45 |
| Downside Target | 5936.40 |
| Downside Target | 6134.75 |
| Downside Target | 6303.35 |
| Downside Target | 6476.95 |
| Downside Target | 6708.00 |
| Upside Target | 6881.40 |
| Upside Target | 6882.00 |
| Upside Target | 6889.95 |
| 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 | 6648.98 |
| Downside Intraday Target | 6454.12 |
| Upside Intraday Target | 6964.33 |
| Upside Intraday Target | 7084.82 |
| Downside Intraday Target | 6769.47 |
Weekly technical analysis of Polycab (Polycab)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Thu Sep 2024 | 6843.85 | 6584.30 | 6889.95 | 6574.60 | 0.722 times |
| 06 Fri Sep 2024 | 6620.15 | 6814.70 | 6840.00 | 6476.95 | 1.076 times |
| 30 Fri Aug 2024 | 6814.40 | 6794.60 | 6859.95 | 6711.00 | 0.49 times |
| 23 Fri Aug 2024 | 6744.65 | 6700.65 | 6881.40 | 6500.00 | 1.798 times |
| 16 Fri Aug 2024 | 6671.05 | 6575.15 | 6708.00 | 6307.35 | 0.561 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 |
| 12 Thu Sep 2024 | 6843.85 | 6814.70 | 6889.95 | 6476.95 | 0.266 times |
| 30 Fri Aug 2024 | 6814.40 | 6890.00 | 6909.20 | 6303.35 | 0.476 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 |
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Polycab ( (Polycab) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Polycab ( (Polycab) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 green color and prices are above the green 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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 6739.54 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Polycab ( (Polycab) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Polycab ( (Polycab) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 green color and prices are above the green 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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 6739.54 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.
Click here for further forecast and predictions for tomorrow