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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 2024-08-20 View latest technical analysis

10 day averaged volume of Birla Cable is 170044

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	268.25	265.00	272.85	264.45	0.892 times
19 Mon Aug 2024	261.95	261.10	264.50	261.00	0.301 times
16 Fri Aug 2024	259.75	258.45	261.70	255.05	0.397 times
14 Wed Aug 2024	254.65	263.90	266.00	252.60	0.512 times
13 Tue Aug 2024	260.00	258.00	266.50	256.60	0.796 times
12 Mon Aug 2024	259.15	266.00	266.05	255.40	2.01 times
09 Fri Aug 2024	272.75	278.80	280.90	271.50	0.554 times
08 Thu Aug 2024	275.50	282.40	288.65	274.10	1.07 times
07 Wed Aug 2024	282.40	274.95	283.95	270.20	0.956 times
06 Tue Aug 2024	267.15	278.80	285.00	265.25	1.129 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 263.9 as stoploss in an intra day buy trade for a target of 278.56. However, stock will show a bearish move below 263.9.

Share price targets for Birla Cable (BIRLACABLE)

Target Type	Value
Downside Target	209.00
Downside Target	229.05
Downside Target	240.49
Downside Target	252.60
Downside Target	261.00
Upside Target	272.85
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	261.88
Downside Intraday Target	255.52
Upside Intraday Target	273.73
Upside Intraday Target	279.22
Downside Intraday Target	267.37

Weekly technical analysis of Birla Cable (BIRLACABLE)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	268.25	261.10	272.85	261.00	0.321 times
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

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
20 Tue Aug 2024	268.25	300.00	310.30	252.60	0.203 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 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 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 Weak 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 266.56 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 positive

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