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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 2024-08-16 View latest technical analysis

10 day averaged volume of Birla Cable is 278302

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	259.75	258.45	261.70	255.05	0.243 times
14 Wed Aug 2024	254.65	263.90	266.00	252.60	0.313 times
13 Tue Aug 2024	260.00	258.00	266.50	256.60	0.487 times
12 Mon Aug 2024	259.15	266.00	266.05	255.40	1.228 times
09 Fri Aug 2024	272.75	278.80	280.90	271.50	0.339 times
08 Thu Aug 2024	275.50	282.40	288.65	274.10	0.654 times
07 Wed Aug 2024	282.40	274.95	283.95	270.20	0.584 times
06 Tue Aug 2024	267.15	278.80	285.00	265.25	0.69 times
05 Mon Aug 2024	274.10	280.00	287.50	271.30	1.39 times
02 Fri Aug 2024	296.35	295.05	303.65	290.55	0.841 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 265.7, but if it comes above 265.7, then a intra day buy could be more profitable.
If you take a sell trade below 265.7, then use 265.7 as stoploss and 248.7 as target. However if you take a buy trade in stock , then use 265.7 as stoploss and 279.93 as target.

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
Upside 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	252.73
Downside Intraday Target	245.72
Upside Intraday Target	266.63
Upside Intraday Target	273.52
Downside Intraday Target	259.62

Weekly technical analysis of Birla Cable (BIRLACABLE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	259.75	266.00	266.50	252.60	0.621 times
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

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
16 Fri Aug 2024	259.75	300.00	310.30	252.60	0.19 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 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 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 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 Strong 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

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 271.8 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.