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(BIRLACABLE) Birla Cable complete technical analysis [charts+indicators] | Buy/Sell Birla Cable | (BIRLACABLE) share price targets

Complete technical analysis of Birla Cable (BIRLACABLE) by charts plus indicators, forecast predictions and share price targets for Birla Cable (BIRLACABLE)

Birla Cable trades in NSE in Other Elect.Equip. sector.

Showing technical analysis as on 2024-03-02 View latest technical analysis

10 day averaged volume of Birla Cable is 285404

Date	Daily Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	296.50	294.90	300.00	293.45	0.057 times
01 Fri Mar 2024	293.45	288.45	296.95	287.60	0.531 times
29 Thu Feb 2024	287.35	291.45	292.20	280.00	0.567 times
28 Wed Feb 2024	290.00	304.45	308.20	286.20	1.025 times
27 Tue Feb 2024	303.40	310.05	314.00	301.00	0.535 times
26 Mon Feb 2024	311.70	318.80	319.90	309.00	0.638 times
23 Fri Feb 2024	318.45	296.65	327.35	296.65	4.856 times
22 Thu Feb 2024	294.90	295.80	301.20	290.50	0.381 times
21 Wed Feb 2024	294.75	302.10	308.95	290.35	0.563 times
20 Tue Feb 2024	300.45	302.15	312.90	297.50	0.502 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 291.5 as stoploss in an intra day buy trade for a target of 302.48. However, stock will show a bearish move below 291.5.

Share price targets for Birla Cable (BIRLACABLE)

Target Type	Value
Downside Target	259.00
Downside Target	270.55
Downside Target	280.00
Upside Target	300.00
Upside Target	310.95
Upside Target	315.60
Upside Target	319.90
Upside Target	323.60
Upside Target	327.35
Upside Target	340.00

Intraday share price targets for Birla Cable (BIRLACABLE)

Target Type	Value
Downside Intraday Target	277.7
Downside Intraday Target	258.9
Upside Intraday Target	317.6
Upside Intraday Target	338.7
Upside Intraday Target	298.8

Weekly technical analysis of Birla Cable (BIRLACABLE)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	296.50	318.80	319.90	280.00	0.5 times
23 Fri Feb 2024	318.45	311.25	327.35	290.35	1.619 times
16 Fri Feb 2024	309.90	306.70	323.60	283.55	0.227 times
09 Fri Feb 2024	303.60	278.70	340.00	271.75	5.798 times
02 Fri Feb 2024	293.35	273.00	293.60	270.55	3.01 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 Birla Cable (BIRLACABLE)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	296.50	288.45	300.00	287.60	0.017 times
29 Thu Feb 2024	287.35	284.00	340.00	271.75	4.906 times
31 Wed Jan 2024	281.10	287.05	288.85	263.00	0.597 times
29 Fri Dec 2023	285.60	262.10	310.95	260.05	1.607 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 Birla Cable (BIRLACABLE)

Price action analysis of Birla Cable ( (BIRLACABLE) ) 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 Birla Cable ( (BIRLACABLE) ) 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 Birla Cable ( (BIRLACABLE) ) 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 Birla Cable stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Birla Cable in short term but the sell signal is initial and weak.

Birla Cable 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 moving up

CCI has generated a buy signal for Birla Cable 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

Stock of Birla Cable is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 307.57 and Birla Cable (BIRLACABLE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Birla Cable (BIRLACABLE) stock. Volume based technical analysis of Birla Cable (BIRLACABLE) stock is negative.

Birla Cable 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.