(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 2024-09-23 View latest technical analysis
10 day averaged volume of Polycab is 8326
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Mon Sep 2024 | 6610.90 | 6626.45 | 6634.90 | 6536.80 | 0.495 times |
| 20 Fri Sep 2024 | 6557.65 | 6505.00 | 6578.00 | 6464.00 | 1.237 times |
| 19 Thu Sep 2024 | 6476.65 | 6729.95 | 6730.40 | 6427.25 | 1.356 times |
| 18 Wed Sep 2024 | 6663.80 | 6724.35 | 6727.95 | 6645.30 | 0.963 times |
| 17 Tue Sep 2024 | 6692.55 | 6730.40 | 6743.90 | 6686.30 | 0.26 times |
| 16 Mon Sep 2024 | 6721.85 | 6790.85 | 6825.00 | 6710.00 | 1.061 times |
| 13 Fri Sep 2024 | 6752.95 | 6850.20 | 6921.00 | 6744.80 | 1.385 times |
| 12 Thu Sep 2024 | 6843.85 | 6821.00 | 6889.95 | 6807.95 | 1.2 times |
| 11 Wed Sep 2024 | 6811.85 | 6729.85 | 6841.00 | 6674.50 | 1.036 times |
| 10 Tue Sep 2024 | 6682.35 | 6685.00 | 6739.70 | 6655.05 | 0.418 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6613.5, but if it comes above 6613.5, then a intra day buy could be more profitable.
If you take a sell trade below 6613.5, then use 6613.5 as stoploss and 6506.3 as target. However if you take a buy trade in stock , then use 6613.5 as stoploss and 6702.91 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 |
| Upside Target | 6840.00 |
| Upside Target | 6859.95 |
| Upside Target | 6882.00 |
| Upside Target | 6901.00 |
| Upside Target | 6909.20 |
| Upside Target | 6921.00 |
| Upside Target | 7330.00 |
Intraday share price targets for Polycab (Polycab)
| Target Type | Value |
| Downside Intraday Target | 6553.5 |
| Downside Intraday Target | 6496.1 |
| Upside Intraday Target | 6651.6 |
| Upside Intraday Target | 6692.3 |
| Downside Intraday Target | 6594.2 |
Weekly technical analysis of Polycab (Polycab)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Mon Sep 2024 | 6610.90 | 6626.45 | 6634.90 | 6536.80 | 0.102 times |
| 20 Fri Sep 2024 | 6557.65 | 6790.85 | 6825.00 | 6427.25 | 0.952 times |
| 13 Fri Sep 2024 | 6752.95 | 6584.30 | 6921.00 | 6574.60 | 0.989 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 |
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 |
| 23 Mon Sep 2024 | 6610.90 | 6814.70 | 6921.00 | 6427.25 | 0.467 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 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 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 short 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 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 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 losing momentum.
MACD generated a SELL signal for Polycab in short term and the sell signal is strong.
Polycab Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Polycab in short term but BUY signal is weak.
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
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 6680.64 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 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 short 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 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 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 losing momentum.
MACD generated a SELL signal for Polycab in short term and the sell signal is strong.
Polycab Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Polycab in short term but BUY signal is weak.
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
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 6680.64 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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