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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 2024-06-13 View latest technical analysis

10 day averaged volume of Birla Cable is 142499

Date	Daily Closing Price	Open	High	Low	Volume
13 Thu Jun 2024	254.27	254.44	258.39	252.91	0.48 times
12 Wed Jun 2024	254.44	255.35	262.00	253.53	0.867 times
11 Tue Jun 2024	255.13	245.65	261.34	245.01	2.839 times
10 Mon Jun 2024	244.93	241.10	250.00	238.00	0.91 times
07 Fri Jun 2024	240.10	237.10	242.20	236.30	0.693 times
06 Thu Jun 2024	233.60	224.90	241.75	224.90	1.596 times
05 Wed Jun 2024	224.90	214.75	230.95	209.30	0.706 times
04 Tue Jun 2024	213.65	232.50	232.75	209.00	0.952 times
03 Mon Jun 2024	231.70	238.00	238.00	230.00	0.741 times
31 Fri May 2024	231.90	236.70	239.00	229.30	0.491 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 248, but if it comes below 248, then a intra day sell could be more profitable.
If you take a sell trade below 248, then use 248 as stoploss and 238.61 as target. However if you take a buy trade in stock , then use 248 as stoploss and 259.3 as target.

Share price targets for Birla Cable (BIRLACABLE)

Target Type	Value
Downside Target	209.00
Downside Target	215.05
Downside Target	229.05
Downside Target	248.00
Upside Target	262.00
Upside Target	271.75
Upside Target	275.25
Upside Target	291.00
Upside Target	300.05
Upside Target	340.00

Intraday share price targets for Birla Cable (BIRLACABLE)

Target Type	Value
Downside Intraday Target	240.85
Downside Intraday Target	227.42
Upside Intraday Target	264.85
Upside Intraday Target	275.42
Downside Intraday Target	251.42

Weekly technical analysis of Birla Cable (BIRLACABLE)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Thu Jun 2024	254.27	241.10	262.00	238.00	1.087 times
07 Fri Jun 2024	240.10	238.00	242.20	209.00	2.217 times
31 Fri May 2024	231.90	243.00	248.00	229.30	1.053 times
24 Fri May 2024	241.95	240.00	247.00	236.30	0.458 times
18 Sat May 2024	240.45	246.90	248.00	233.70	1.588 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
13 Thu Jun 2024	254.27	238.00	262.00	209.00	0.794 times
31 Fri May 2024	231.90	272.85	275.25	229.30	0.431 times
30 Tue Apr 2024	270.80	229.05	291.00	229.05	1.356 times
28 Thu Mar 2024	225.35	288.45	300.05	215.05	0.308 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

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

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

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Birla Cable in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 241.05 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 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 is giving positive 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.