Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-21 View latest technical analysis

10 day averaged volume of Birla Cable is 36828

Date	Daily Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	232.60	236.80	240.70	231.60	0.54 times
18 Fri Oct 2024	236.30	233.90	238.50	232.20	1.063 times
17 Thu Oct 2024	233.90	243.00	243.00	232.35	1.456 times
16 Wed Oct 2024	238.60	236.80	240.80	236.75	0.836 times
15 Tue Oct 2024	236.10	243.90	244.95	235.10	1.791 times
14 Mon Oct 2024	242.85	245.85	246.95	241.30	0.586 times
11 Fri Oct 2024	244.80	245.60	247.00	242.85	0.613 times
10 Thu Oct 2024	245.00	245.85	247.95	243.10	0.45 times
09 Wed Oct 2024	244.55	242.10	248.85	239.00	0.995 times
08 Tue Oct 2024	240.35	236.35	243.95	234.05	0.897 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 237.5, but if it comes above 237.5, then a intra day buy could be more profitable.
If you take a sell trade below 237.5, then use 237.5 as stoploss and 226.9 as target. However if you take a buy trade in stock , then use 237.5 as stoploss and 246.25 as target.

Share price targets for Birla Cable (BIRLACABLE)

Target Type	Value
Downside Target	209.00
Downside Target	231.60
Upside Target	240.49
Upside Target	246.55
Upside Target	253.05
Upside Target	255.70
Upside Target	256.00
Upside Target	262.00
Upside Target	264.75
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	229.23
Downside Intraday Target	225.87
Upside Intraday Target	238.33
Upside Intraday Target	244.07
Upside Intraday Target	234.97

Weekly technical analysis of Birla Cable (BIRLACABLE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	232.60	236.80	240.70	231.60	0.094 times
18 Fri Oct 2024	236.30	245.85	246.95	232.20	1.343 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

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
21 Mon Oct 2024	232.60	253.40	255.70	231.60	0.317 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Birla Cable in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 238.56 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.