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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 2024-10-09 View latest technical analysis

10 day averaged volume of Birla Cable is 36803

Date	Daily Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	244.55	242.10	248.85	239.00	0.996 times
08 Tue Oct 2024	240.35	236.35	243.95	234.05	0.898 times
07 Mon Oct 2024	236.75	251.25	251.25	235.00	1.313 times
04 Fri Oct 2024	247.80	247.60	252.10	246.55	0.726 times
03 Thu Oct 2024	250.05	249.90	252.50	249.00	0.814 times
01 Tue Oct 2024	252.75	253.40	255.70	251.60	0.603 times
30 Mon Sep 2024	252.75	254.95	256.00	251.20	0.865 times
27 Fri Sep 2024	254.95	256.75	258.50	253.05	1.605 times
26 Thu Sep 2024	256.80	260.40	261.00	256.00	0.826 times
25 Wed Sep 2024	259.75	261.35	263.70	258.45	0.799 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 247.3, but if it comes above 247.3, then a intra day buy could be more profitable.
If you take a sell trade below 247.3, then use 247.3 as stoploss and 236.9 as target. However if you take a buy trade in stock , then use 247.3 as stoploss and 255.97 as target.

Share price targets for Birla Cable (BIRLACABLE)

Target Type	Value
Downside Target	209.00
Downside Target	234.05
Downside Target	240.49
Upside Target	246.55
Upside Target	257.15
Upside Target	262.00
Upside Target	264.75
Upside Target	272.60
Upside Target	289.85
Upside Target	310.30
Upside Target	317.00

Intraday share price targets for Birla Cable (BIRLACABLE)

Target Type	Value
Downside Intraday Target	235.32
Downside Intraday Target	226.08
Upside Intraday Target	252.52
Upside Intraday Target	260.48
Downside Intraday Target	243.28

Weekly technical analysis of Birla Cable (BIRLACABLE)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	244.55	251.25	251.25	234.05	1.066 times
04 Fri Oct 2024	247.80	254.95	256.00	246.55	0.494 times
27 Fri Sep 2024	254.95	256.85	264.75	253.05	0.815 times
20 Fri Sep 2024	256.85	270.20	272.60	255.05	0.555 times
13 Fri Sep 2024	270.20	265.00	289.85	257.15	1.107 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 Wed Oct 2024	244.55	253.40	255.70	234.05	0.134 times
30 Mon Sep 2024	252.75	273.00	289.85	251.20	0.325 times
30 Fri Aug 2024	271.40	300.00	310.30	252.60	0.302 times
31 Wed Jul 2024	298.50	241.05	317.00	240.49	6.603 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 and the sell signal is strong.

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 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 249.19 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 negative.

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