(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)
10 day averaged volume of Polycab is 29886
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Thu Mar 2023 | 2861.45 | 2880.00 | 2894.35 | 2852.00 | 0.228 times |
| 22 Wed Mar 2023 | 2878.90 | 2879.05 | 2905.00 | 2872.45 | 0.188 times |
| 21 Tue Mar 2023 | 2862.20 | 2845.70 | 2899.00 | 2845.70 | 0.914 times |
| 20 Mon Mar 2023 | 2866.20 | 2883.35 | 2883.35 | 2837.50 | 0.13 times |
| 17 Fri Mar 2023 | 2883.30 | 2894.05 | 2916.55 | 2836.00 | 0.376 times |
| 16 Thu Mar 2023 | 2879.50 | 2920.05 | 2935.00 | 2875.00 | 0.699 times |
| 15 Wed Mar 2023 | 2929.00 | 2885.05 | 2938.80 | 2861.00 | 6.355 times |
| 14 Tue Mar 2023 | 2881.50 | 2879.50 | 2910.30 | 2860.60 | 0.481 times |
| 13 Mon Mar 2023 | 2898.10 | 2950.05 | 2975.00 | 2884.55 | 0.239 times |
| 10 Fri Mar 2023 | 2946.30 | 3075.05 | 3075.10 | 2923.00 | 0.391 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2884.3, but if it comes above 2884.3, then a intra day buy could be more profitable.
If you take a sell trade below 2884.3, then use 2884.3 as stoploss and 2769 as target. However if you take a buy trade in stock , then use 2884.3 as stoploss and 2980.43 as target.
Share price targets for Polycab (Polycab)
| Target Type | Value |
| Downside Target | 2500.15 |
| Downside Target | 2836.00 |
| Upside Target | 2904.15 |
| Upside Target | 2969.85 |
| Upside Target | 2975.00 |
| Upside Target | 3025.00 |
| Upside Target | 3111.00 |
| Upside Target | 3120.00 |
| Upside Target | 3140.00 |
| Upside Target | 3142.00 |
Intraday share price targets for Polycab (Polycab)
| Target Type | Value |
| Downside Intraday Target | 2830.97 |
| Downside Intraday Target | 2800.48 |
| Upside Intraday Target | 2898.47 |
| Upside Intraday Target | 2935.48 |
| Upside Intraday Target | 2867.98 |
Weekly technical analysis of Polycab (Polycab)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Thu Mar 2023 | 2861.45 | 2883.35 | 2905.00 | 2837.50 | 0.179 times |
| 17 Fri Mar 2023 | 2883.30 | 2950.05 | 2975.00 | 2836.00 | 7.553 times |
| 10 Fri Mar 2023 | 2946.30 | 3070.00 | 3120.00 | 2923.00 | 0.853 times |
| 03 Fri Mar 2023 | 3068.60 | 3051.05 | 3140.00 | 2969.85 | 0.469 times |
| 24 Fri Feb 2023 | 3072.35 | 3026.35 | 3111.00 | 2960.75 | 1.341 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 |
| 23 Thu Mar 2023 | 2861.45 | 3080.00 | 3140.00 | 2836.00 | 1.23 times |
| 28 Tue Feb 2023 | 3079.85 | 2935.00 | 3142.00 | 2904.15 | 1.086 times |
| 31 Tue Jan 2023 | 2920.50 | 2562.05 | 2934.95 | 2546.80 | 0.507 times |
| 30 Fri Dec 2022 | 2570.55 | 2567.05 | 3025.00 | 2500.15 | 1.174 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 14, 25, 27 | Sell |
| MACD | -21, 6 | Sell |
| Stochastics | 12 | Sell |
| CCI | -70 | Sell |
| RSI | 50 | Sell |
| OBV | 109199 | Sell |
| VWAP | 2912 | Sell |
| ADL | 0 | Sell |
| ROC | -7 | Sell |
| Force Index | 0 | Sell |
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 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 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 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 and the sell signal is strong.
Polycab Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 2912.07 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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