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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 2024-03-22 View latest technical analysis

10 day averaged volume of Birla Cable is 165326

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	238.05	232.50	245.00	232.00	1.046 times
21 Thu Mar 2024	230.20	230.65	236.60	229.05	0.795 times
20 Wed Mar 2024	227.25	229.00	234.80	225.60	1.278 times
19 Tue Mar 2024	227.70	231.35	238.80	225.00	1.217 times
18 Mon Mar 2024	231.00	231.20	238.90	228.40	1.11 times
15 Fri Mar 2024	233.40	233.90	240.00	222.85	1.017 times
14 Thu Mar 2024	233.95	220.45	238.00	215.05	1.184 times
13 Wed Mar 2024	219.65	238.00	249.95	216.65	1.222 times
12 Tue Mar 2024	242.65	259.40	261.85	240.05	1.04 times
11 Mon Mar 2024	258.30	262.00	268.50	257.10	0.629 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 231.8 as stoploss in an intra day buy trade for a target of 261.68. However, stock will show a bearish move below 231.8.

Share price targets for Birla Cable (BIRLACABLE)

Target Type	Value
Downside Target	215.05
Downside Target	225.00
Upside Target	245.00
Upside Target	259.00
Upside Target	280.00
Upside Target	288.85
Upside Target	300.05
Upside Target	310.95
Upside Target	315.60
Upside Target	319.90
Upside Target	327.35
Upside Target	340.00

Intraday share price targets for Birla Cable (BIRLACABLE)

Target Type	Value
Downside Intraday Target	227.03
Downside Intraday Target	216.02
Upside Intraday Target	247.03
Upside Intraday Target	256.02
Downside Intraday Target	236.02

Weekly technical analysis of Birla Cable (BIRLACABLE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	238.05	231.20	245.00	225.00	1.07 times
15 Fri Mar 2024	233.40	262.00	268.50	215.05	1.437 times
07 Thu Mar 2024	268.95	298.00	300.05	263.30	0.612 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

Price has moved up 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
22 Fri Mar 2024	238.05	288.45	300.05	215.05	0.256 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 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 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 Birla Cable ( (BIRLACABLE) ) 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 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 SELL. Signal strength is Strong and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 and BUY 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

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 232.83 and Birla Cable (BIRLACABLE) 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 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.