(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 2024-02-28 View latest technical analysis
10 day averaged volume of Polycab is 48487
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 4710.45 | 4788.00 | 4788.00 | 4679.70 | 0.233 times |
| 27 Tue Feb 2024 | 4765.95 | 4823.80 | 4823.80 | 4728.05 | 0.315 times |
| 26 Mon Feb 2024 | 4786.90 | 4810.80 | 4866.55 | 4709.65 | 1.206 times |
| 23 Fri Feb 2024 | 4813.50 | 4717.65 | 4850.00 | 4717.65 | 1.509 times |
| 22 Thu Feb 2024 | 4717.10 | 4713.00 | 4740.00 | 4648.55 | 0.674 times |
| 21 Wed Feb 2024 | 4722.05 | 4736.95 | 4765.55 | 4683.35 | 0.656 times |
| 20 Tue Feb 2024 | 4731.15 | 4790.00 | 4820.00 | 4708.00 | 1.088 times |
| 19 Mon Feb 2024 | 4769.35 | 4700.10 | 4826.50 | 4642.50 | 0.749 times |
| 16 Fri Feb 2024 | 4667.00 | 4650.00 | 4732.55 | 4515.70 | 1.557 times |
| 15 Thu Feb 2024 | 4564.90 | 4366.55 | 4625.00 | 4340.05 | 2.088 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 4732.7 as stoploss in an intra day sell trade for a target of 4535.87. However, stock will show a bullish move above 4732.7.
Share price targets for Polycab (Polycab)
| Target Type | Value |
| Downside Target | 3812.35 |
| Downside Target | 4240.00 |
| Downside Target | 4430.00 |
| Downside Target | 4642.50 |
| Upside Target | 4866.55 |
| Upside Target | 4892.85 |
| Upside Target | 5225.10 |
| Upside Target | 5432.55 |
| Upside Target | 5492.85 |
| Upside Target | 5531.60 |
| Upside Target | 5722.90 |
Intraday share price targets for Polycab (Polycab)
| Target Type | Value |
| Downside Intraday Target | 4637.92 |
| Downside Intraday Target | 4565.38 |
| Upside Intraday Target | 4824.77 |
| Upside Intraday Target | 4939.08 |
| Upside Intraday Target | 4752.23 |
Weekly technical analysis of Polycab (Polycab)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 4710.45 | 4810.80 | 4866.55 | 4679.70 | 0.375 times |
| 23 Fri Feb 2024 | 4813.50 | 4700.10 | 4850.00 | 4642.50 | 0.944 times |
| 16 Fri Feb 2024 | 4667.00 | 4300.20 | 4732.55 | 4279.50 | 1.599 times |
| 09 Fri Feb 2024 | 4305.70 | 4329.15 | 4430.00 | 4250.00 | 0.786 times |
| 02 Fri Feb 2024 | 4383.90 | 4366.05 | 4440.15 | 4240.00 | 1.032 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 |
| 28 Wed Feb 2024 | 4710.45 | 4333.15 | 4866.55 | 4240.00 | 0.215 times |
| 31 Wed Jan 2024 | 4342.40 | 5491.35 | 5531.60 | 3812.35 | 9.573 times |
| 29 Fri Dec 2023 | 5491.35 | 5340.00 | 5722.90 | 5225.10 | 1.487 times |
| 30 Thu Nov 2023 | 5270.65 | 4920.00 | 5432.55 | 4892.85 | 0.535 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Polycab stock for short term is BUY. Signal strength is Strong 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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above 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 BUY signal in short term and the buying is gaining 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 4707.72 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Polycab stock for short term is BUY. Signal strength is Strong 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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above 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 BUY signal in short term and the buying is gaining 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 4707.72 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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