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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 2024-08-09 View latest technical analysis

10 day averaged volume of Birla Cable is 354450

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	272.75	278.80	280.90	271.50	0.266 times
08 Thu Aug 2024	275.50	282.40	288.65	274.10	0.513 times
07 Wed Aug 2024	282.40	274.95	283.95	270.20	0.459 times
06 Tue Aug 2024	267.15	278.80	285.00	265.25	0.542 times
05 Mon Aug 2024	274.10	280.00	287.50	271.30	1.091 times
02 Fri Aug 2024	296.35	295.05	303.65	290.55	0.661 times
01 Thu Aug 2024	301.65	300.00	310.30	292.70	2.728 times
31 Wed Jul 2024	298.50	284.56	300.00	283.10	2.111 times
30 Tue Jul 2024	283.12	288.80	290.82	282.11	0.487 times
29 Mon Jul 2024	287.76	291.00	293.99	284.10	0.525 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 270.6 as stoploss in an intra day buy trade for a target of 283.21. However, stock will show a bearish move below 270.6.

Share price targets for Birla Cable (BIRLACABLE)

Target Type	Value
Downside Target	209.00
Downside Target	229.05
Downside Target	240.49
Downside Target	247.74
Downside Target	262.00
Upside Target	275.25
Upside Target	282.11
Upside Target	288.65
Upside Target	291.00
Upside Target	302.38
Upside Target	310.30
Upside Target	317.00

Intraday share price targets for Birla Cable (BIRLACABLE)

Target Type	Value
Downside Intraday Target	262.45
Downside Intraday Target	252.15
Upside Intraday Target	285.85
Upside Intraday Target	298.95
Upside Intraday Target	275.55

Weekly technical analysis of Birla Cable (BIRLACABLE)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	272.75	280.00	288.65	265.25	0.441 times
02 Fri Aug 2024	296.35	291.00	310.30	282.11	0.902 times
26 Fri Jul 2024	293.00	268.00	302.38	252.60	0.245 times
19 Fri Jul 2024	270.61	247.90	317.00	247.74	29.763 times
12 Fri Jul 2024	246.40	251.30	255.50	241.00	0.58 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
09 Fri Aug 2024	272.75	300.00	310.30	265.25	0.148 times
31 Wed Jul 2024	298.50	241.05	317.00	240.49	6.603 times
28 Fri Jun 2024	241.04	238.00	262.00	209.00	1.297 times
31 Fri May 2024	231.90	272.85	275.25	229.30	0.431 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 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 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 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 SELL. 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 green color and prices are in or below the green 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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 290.44 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.