(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 2024-10-22 View latest technical analysis
10 day averaged volume of Polycab is 19973
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Tue Oct 2024 | 6639.30 | 6820.05 | 6834.00 | 6595.60 | 1.588 times |
| 21 Mon Oct 2024 | 6861.45 | 7189.95 | 7228.75 | 6800.00 | 1.354 times |
| 18 Fri Oct 2024 | 7117.55 | 6798.95 | 7169.00 | 6611.40 | 2.561 times |
| 17 Thu Oct 2024 | 7102.20 | 7142.05 | 7304.35 | 7017.50 | 1.961 times |
| 16 Wed Oct 2024 | 7182.40 | 7450.05 | 7500.20 | 7161.00 | 1.243 times |
| 15 Tue Oct 2024 | 7489.85 | 7500.00 | 7607.15 | 7393.15 | 0.316 times |
| 14 Mon Oct 2024 | 7479.85 | 7400.00 | 7507.95 | 7332.10 | 0.746 times |
| 11 Fri Oct 2024 | 7447.20 | 7472.00 | 7474.35 | 7371.80 | 0.176 times |
| 10 Thu Oct 2024 | 7451.15 | 7405.00 | 7578.85 | 7388.70 | 0.627 times |
| 09 Wed Oct 2024 | 7396.55 | 7280.00 | 7432.40 | 7250.05 | 0.694 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6794.2, but if it comes above 6794.2, then a intra day buy could be more profitable.
If you take a sell trade below 6794.2, then use 6794.2 as stoploss and 6434.6 as target. However if you take a buy trade in stock , then use 6794.2 as stoploss and 7093.79 as target.
Share price targets for Polycab (Polycab)
| Target Type | Value |
| Downside Target | 5936.40 |
| Downside Target | 6134.75 |
| Downside Target | 6303.35 |
| Upside Target | 6882.00 |
| Upside Target | 7117.35 |
| Upside Target | 7228.75 |
| Upside Target | 7330.00 |
| Upside Target | 7427.00 |
| Upside Target | 7578.85 |
| Upside Target | 7607.15 |
Intraday share price targets for Polycab (Polycab)
| Target Type | Value |
| Downside Intraday Target | 6413.68 |
| Downside Intraday Target | 6188.07 |
| Upside Intraday Target | 7046.83 |
| Upside Intraday Target | 7454.37 |
| Upside Intraday Target | 6821.22 |
Weekly technical analysis of Polycab (Polycab)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Tue Oct 2024 | 6639.30 | 7189.95 | 7228.75 | 6595.60 | 0.431 times |
| 18 Fri Oct 2024 | 7117.55 | 7400.00 | 7607.15 | 6611.40 | 2.769 times |
| 11 Fri Oct 2024 | 7447.20 | 7181.60 | 7578.85 | 6983.80 | 0.443 times |
| 03 Thu Oct 2024 | 7340.35 | 7055.80 | 7427.00 | 6900.00 | 0.9 times |
| 27 Fri Sep 2024 | 7055.45 | 6626.45 | 7117.35 | 6530.20 | 3.038 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 |
| 22 Tue Oct 2024 | 6639.30 | 6960.00 | 7607.15 | 6595.60 | 1.277 times |
| 30 Mon Sep 2024 | 6955.25 | 6814.70 | 7117.35 | 6427.25 | 0.952 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 |
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Polycab in short term but the sell signal is initial and weak.
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 coming down
CCI has generated a SELL signal for Polycab in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 7099.13 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Polycab in short term but the sell signal is initial and weak.
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 coming down
CCI has generated a SELL signal for Polycab in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 7099.13 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 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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