(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 2024-11-08 View latest technical analysis
10 day averaged volume of Polycab is 23529
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 6715.00 | 6819.05 | 6844.00 | 6690.00 | 0.322 times |
| 07 Thu Nov 2024 | 6815.15 | 6998.95 | 6998.95 | 6800.10 | 0.679 times |
| 06 Wed Nov 2024 | 6885.30 | 6650.00 | 6934.15 | 6650.00 | 1.562 times |
| 05 Tue Nov 2024 | 6632.55 | 6565.00 | 6653.90 | 6375.00 | 0.518 times |
| 04 Mon Nov 2024 | 6521.65 | 6547.95 | 6552.65 | 6385.05 | 0.525 times |
| 01 Fri Nov 2024 | 6503.90 | 6490.05 | 6531.65 | 6471.65 | 0.176 times |
| 31 Thu Oct 2024 | 6482.30 | 6419.95 | 6498.10 | 6345.00 | 4.592 times |
| 30 Wed Oct 2024 | 6393.75 | 6400.25 | 6476.85 | 6340.00 | 0.368 times |
| 29 Tue Oct 2024 | 6389.80 | 6436.85 | 6441.70 | 6303.15 | 0.51 times |
| 28 Mon Oct 2024 | 6366.90 | 6460.00 | 6520.00 | 6345.90 | 0.523 times |
My analysis of stock is bearish for shortterm, and stock might move down till 6419.7 or till 6010.6. Use a stoploss of 6760.71 and if the stock hits stoploss, then it can shoot up till 7101.67
Share price targets for Polycab (Polycab)
| Target Type | Value |
| Downside Target | 5936.40 |
| Downside Target | 6303.15 |
| Upside Target | 6882.00 |
| Upside Target | 6983.80 |
| Upside Target | 6998.95 |
| Upside Target | 7117.35 |
| Upside Target | 7228.75 |
| Upside Target | 7578.85 |
| Upside Target | 7607.15 |
Intraday share price targets for Polycab (Polycab)
| Target Type | Value |
| Downside Intraday Target | 6393.68 |
| Downside Intraday Target | 6072.37 |
| Upside Intraday Target | 7017.63 |
| Upside Intraday Target | 7320.27 |
| Downside Intraday Target | 6696.32 |
Weekly technical analysis of Polycab (Polycab)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 6715.00 | 6547.95 | 6998.95 | 6375.00 | 0.584 times |
| 01 Fri Nov 2024 | 6503.90 | 6460.00 | 6531.65 | 6303.15 | 1.453 times |
| 25 Fri Oct 2024 | 6461.25 | 7189.95 | 7228.75 | 6384.00 | 0.733 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 |
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 |
| 08 Fri Nov 2024 | 6715.00 | 6490.05 | 6998.95 | 6375.00 | 0.171 times |
| 31 Thu Oct 2024 | 6482.30 | 6960.00 | 7607.15 | 6303.15 | 1.963 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 |
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 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 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 neutral. A longer time frame might give a better analysis.
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 but the buy signal is initial and weak.
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 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 SELL signal for Polycab in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 6573.61 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 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 neutral. A longer time frame might give a better analysis.
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 but the buy signal is initial and weak.
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 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 SELL signal for Polycab in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 6573.61 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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