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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 2024-10-16 View latest technical analysis

10 day averaged volume of Birla Cable is 32354

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	238.60	236.80	240.80	236.75	0.952 times
15 Tue Oct 2024	236.10	243.90	244.95	235.10	2.039 times
14 Mon Oct 2024	242.85	245.85	246.95	241.30	0.668 times
11 Fri Oct 2024	244.80	245.60	247.00	242.85	0.697 times
10 Thu Oct 2024	245.00	245.85	247.95	243.10	0.512 times
09 Wed Oct 2024	244.55	242.10	248.85	239.00	1.132 times
08 Tue Oct 2024	240.35	236.35	243.95	234.05	1.021 times
07 Mon Oct 2024	236.75	251.25	251.25	235.00	1.494 times
04 Fri Oct 2024	247.80	247.60	252.10	246.55	0.825 times
03 Thu Oct 2024	250.05	249.90	252.50	249.00	0.926 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 241.8, but if it comes above 241.8, then a intra day buy could be more profitable.
If you take a sell trade below 241.8, then use 241.8 as stoploss and 232.1 as target. However if you take a buy trade in stock , then use 241.8 as stoploss and 249.87 as target.

Share price targets for Birla Cable (BIRLACABLE)

Target Type	Value
Downside Target	209.00
Downside Target	234.05
Upside Target	240.49
Upside Target	246.55
Upside Target	255.70
Upside Target	256.00
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	233.48
Downside Intraday Target	228.37
Upside Intraday Target	245.33
Upside Intraday Target	252.07
Upside Intraday Target	240.22

Weekly technical analysis of Birla Cable (BIRLACABLE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	238.60	245.85	246.95	235.10	0.753 times
11 Fri Oct 2024	244.80	251.25	251.25	234.05	1.42 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

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 Wed Oct 2024	238.60	253.40	255.70	234.05	0.24 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Birla Cable ( (BIRLACABLE) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Birla Cable in short term

RSI is generating a SELL signal in short term and selling is picking up 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 241.45 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.