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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 2024-08-22 View latest technical analysis

10 day averaged volume of Birla Cable is 160173

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	276.20	282.75	283.75	275.00	0.697 times
21 Wed Aug 2024	282.75	272.00	286.65	269.00	2.05 times
20 Tue Aug 2024	268.25	265.00	272.85	264.45	0.947 times
19 Mon Aug 2024	261.95	261.10	264.50	261.00	0.319 times
16 Fri Aug 2024	259.75	258.45	261.70	255.05	0.422 times
14 Wed Aug 2024	254.65	263.90	266.00	252.60	0.543 times
13 Tue Aug 2024	260.00	258.00	266.50	256.60	0.845 times
12 Mon Aug 2024	259.15	266.00	266.05	255.40	2.134 times
09 Fri Aug 2024	272.75	278.80	280.90	271.50	0.588 times
08 Thu Aug 2024	275.50	282.40	288.65	274.10	1.136 times

My analysis of stock is bearish for shortterm, and stock might move down till 263.3 or till 246.3. Use a stoploss of 277.4 and if the stock hits stoploss, then it can shoot up till 291.54

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
Downside 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	262.58
Downside Intraday Target	248.97
Upside Intraday Target	288.23
Upside Intraday Target	300.27
Downside Intraday Target	274.62

Weekly technical analysis of Birla Cable (BIRLACABLE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	276.20	261.10	286.65	261.00	1.018 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
22 Thu Aug 2024	276.20	300.00	310.30	252.60	0.232 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Birla Cable in short term but the sell 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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 but buying is losing 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 268.95 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.