(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 2024-03-20 View latest technical analysis
10 day averaged volume of Polycab is 26020
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 4733.20 | 4675.75 | 4833.00 | 4638.00 | 0.585 times |
| 19 Tue Mar 2024 | 4679.75 | 4817.75 | 4822.95 | 4671.05 | 0.303 times |
| 18 Mon Mar 2024 | 4794.35 | 4888.50 | 4913.35 | 4780.00 | 0.247 times |
| 15 Fri Mar 2024 | 4891.35 | 4874.60 | 4911.50 | 4774.35 | 0.38 times |
| 14 Thu Mar 2024 | 4889.95 | 4720.05 | 4925.00 | 4720.05 | 0.502 times |
| 13 Wed Mar 2024 | 4777.65 | 4837.55 | 4930.00 | 4727.75 | 2.79 times |
| 12 Tue Mar 2024 | 4855.40 | 4930.55 | 4957.35 | 4838.00 | 0.33 times |
| 11 Mon Mar 2024 | 4930.55 | 4888.65 | 4991.00 | 4888.00 | 0.665 times |
| 07 Thu Mar 2024 | 4888.20 | 4881.00 | 4938.75 | 4863.30 | 1.26 times |
| 06 Wed Mar 2024 | 4880.90 | 4920.35 | 4945.00 | 4805.00 | 2.342 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 4736.9, but if it comes above 4736.9, then a intra day buy could be more profitable.
If you take a sell trade below 4736.9, then use 4736.9 as stoploss and 4651.2 as target. However if you take a buy trade in stock , then use 4736.9 as stoploss and 4808.24 as target.
Share price targets for Polycab (Polycab)
| Target Type | Value |
| Downside Target | 3812.35 |
| Downside Target | 4240.00 |
| Downside Target | 4638.00 |
| Upside Target | 4850.00 |
| Upside Target | 4913.35 |
| Upside Target | 4952.00 |
| Upside Target | 4991.00 |
| 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 | 4609.68 |
| Downside Intraday Target | 4486.17 |
| Upside Intraday Target | 4885.03 |
| Upside Intraday Target | 5036.87 |
| Upside Intraday Target | 4761.52 |
Weekly technical analysis of Polycab (Polycab)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 4733.20 | 4888.50 | 4913.35 | 4638.00 | 0.243 times |
| 15 Fri Mar 2024 | 4891.35 | 4888.65 | 4991.00 | 4720.05 | 0.894 times |
| 07 Thu Mar 2024 | 4888.20 | 4788.55 | 4952.00 | 4731.00 | 0.863 times |
| 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 |
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 |
| 20 Wed Mar 2024 | 4733.20 | 4794.95 | 4991.00 | 4638.00 | 0.376 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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 moving up
CCI has generated a buy signal for Polycab in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 4836.8 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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 moving up
CCI has generated a buy signal for Polycab in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 4836.8 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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