(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 2024-03-02 View latest technical analysis
10 day averaged volume of Polycab is 38216
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Sat Mar 2024 | 4794.30 | 4800.00 | 4873.20 | 4757.45 | 0.053 times |
| 01 Fri Mar 2024 | 4803.05 | 4794.95 | 4827.00 | 4757.30 | 0.932 times |
| 29 Thu Feb 2024 | 4754.05 | 4688.05 | 4791.60 | 4661.40 | 0.909 times |
| 28 Wed Feb 2024 | 4710.45 | 4788.00 | 4788.00 | 4679.70 | 0.295 times |
| 27 Tue Feb 2024 | 4765.95 | 4823.80 | 4823.80 | 4728.05 | 0.4 times |
| 26 Mon Feb 2024 | 4786.90 | 4810.80 | 4866.55 | 4709.65 | 1.53 times |
| 23 Fri Feb 2024 | 4813.50 | 4717.65 | 4850.00 | 4717.65 | 1.915 times |
| 22 Thu Feb 2024 | 4717.10 | 4713.00 | 4740.00 | 4648.55 | 0.856 times |
| 21 Wed Feb 2024 | 4722.05 | 4736.95 | 4765.55 | 4683.35 | 0.832 times |
| 20 Tue Feb 2024 | 4731.15 | 4790.00 | 4820.00 | 4708.00 | 1.381 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 4796 as stoploss in an intra day sell trade for a target of 4601.77. However, stock will show a bullish move above 4796.
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 | 4873.20 |
| Upside Target | 4892.85 |
| Upside Target | 5225.10 |
| Upside Target | 5432.55 |
| Upside Target | 5531.60 |
| Upside Target | 5722.90 |
Intraday share price targets for Polycab (Polycab)
| Target Type | Value |
| Downside Intraday Target | 4679.4 |
| Downside Intraday Target | 4564.5 |
| Upside Intraday Target | 4891.2 |
| Upside Intraday Target | 4988.1 |
| Downside Intraday Target | 4776.3 |
Weekly technical analysis of Polycab (Polycab)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Sat Mar 2024 | 4794.30 | 4810.80 | 4873.20 | 4661.40 | 0.694 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 |
| 02 Sat Mar 2024 | 4794.30 | 4794.95 | 4873.20 | 4757.30 | 0.044 times |
| 29 Thu Feb 2024 | 4754.05 | 4333.15 | 4866.55 | 4240.00 | 0.224 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 |
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 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 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 gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Polycab in short term and BUY signal is strong.
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 4766.57 and Polycab (Polycab) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 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 gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Polycab in short term and BUY signal is strong.
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 4766.57 and Polycab (Polycab) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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.
Click here for further forecast and predictions for tomorrow