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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 2024-03-05 View latest technical analysis

10 day averaged volume of Birla Cable is 270373

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	283.35	290.00	293.45	282.00	0.434 times
04 Mon Mar 2024	290.90	298.00	300.05	289.85	0.339 times
02 Sat Mar 2024	296.50	294.90	300.00	293.45	0.06 times
01 Fri Mar 2024	293.45	288.45	296.95	287.60	0.56 times
29 Thu Feb 2024	287.35	291.45	292.20	280.00	0.599 times
28 Wed Feb 2024	290.00	304.45	308.20	286.20	1.082 times
27 Tue Feb 2024	303.40	310.05	314.00	301.00	0.565 times
26 Mon Feb 2024	311.70	318.80	319.90	309.00	0.673 times
23 Fri Feb 2024	318.45	296.65	327.35	296.65	5.125 times
22 Thu Feb 2024	294.90	295.80	301.20	290.50	0.402 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 290.4, but if it comes above 290.4, then a intra day buy could be more profitable.
If you take a sell trade below 290.4, then use 290.4 as stoploss and 279 as target. However if you take a buy trade in stock , then use 290.4 as stoploss and 299.97 as target.

Share price targets for Birla Cable (BIRLACABLE)

Target Type	Value
Downside Target	259.00
Downside Target	271.75
Downside Target	280.00
Upside Target	300.05
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	276.88
Downside Intraday Target	270.42
Upside Intraday Target	294.93
Upside Intraday Target	306.52
Upside Intraday Target	288.47

Weekly technical analysis of Birla Cable (BIRLACABLE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	283.35	298.00	300.05	282.00	0.219 times
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

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
05 Tue Mar 2024	283.35	288.45	300.05	282.00	0.039 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 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 Birla Cable (BIRLACABLE)

Price action analysis of Birla Cable ( (BIRLACABLE) ) 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 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 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 Birla Cable ( (BIRLACABLE) ) based on a mid to longer 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.

ADX buy sell signal for Birla Cable stock for short term is SELL. Signal strength is Weak and stock is gaining 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 getting stronger in this stock.

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 Birla Cable in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 Birla Cable is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 307.09 and Birla Cable (BIRLACABLE) 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 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.