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(FINCABLES) Finolex Cables complete technical analysis [charts+indicators] | Buy/Sell Finolex Cables | (FINCABLES) share price targets

Complete technical analysis of Finolex Cables (FINCABLES) by charts plus indicators, forecast predictions and share price targets for Finolex Cables (FINCABLES)

Finolex Cables trades in NSE in Other Elect.Equip. sector.

Showing technical analysis as on 2024-04-09 View latest technical analysis

10 day averaged volume of Finolex Cables is 537417

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	996.90	1004.45	1008.65	987.10	0.213 times
08 Mon Apr 2024	1004.90	995.00	1022.00	988.10	0.531 times
05 Fri Apr 2024	991.05	1000.50	1008.20	987.00	0.555 times
04 Thu Apr 2024	1012.65	1023.00	1045.75	994.25	1.046 times
03 Wed Apr 2024	1014.90	977.50	1018.00	976.05	0.57 times
02 Tue Apr 2024	977.80	979.60	984.60	973.45	0.345 times
01 Mon Apr 2024	977.00	1003.00	1014.00	969.00	0.538 times
28 Thu Mar 2024	1001.00	969.00	1005.00	961.80	0.642 times
27 Wed Mar 2024	974.50	975.95	1008.90	952.65	1.355 times
26 Tue Mar 2024	967.35	889.80	978.75	889.80	4.01 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 994.2, but if it comes below 994.2, then a intra day sell could be more profitable.
If you take a sell trade below 994.2, then use 994.2 as stoploss and 933.87 as target. However if you take a buy trade in stock , then use 994.2 as stoploss and 1066.7 as target.

Share price targets for Finolex Cables (FINCABLES)

Target Type	Value
Downside Target	831.25
Downside Target	854.00
Downside Target	889.80
Downside Target	910.65
Downside Target	969.00
Upside Target	1008.90
Upside Target	1021.05
Upside Target	1022.00
Upside Target	1045.75
Upside Target	1124.00
Upside Target	1157.95
Upside Target	1183.00

Intraday share price targets for Finolex Cables (FINCABLES)

Target Type	Value
Downside Intraday Target	982
Downside Intraday Target	967.1
Upside Intraday Target	1016.9
Upside Intraday Target	1036.9
Upside Intraday Target	1002

Weekly technical analysis of Finolex Cables (FINCABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	996.90	995.00	1022.00	987.10	0.244 times
05 Fri Apr 2024	991.05	1003.00	1045.75	969.00	0.509 times
28 Thu Mar 2024	1001.00	889.80	1008.90	889.80	2.118 times
22 Fri Mar 2024	889.80	877.95	910.65	854.00	0.592 times
15 Fri Mar 2024	877.95	905.20	916.00	831.25	2.964 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 Finolex Cables (FINCABLES)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	996.90	1003.00	1045.75	969.00	0.239 times
28 Thu Mar 2024	1001.00	927.85	1008.90	831.25	1.839 times
29 Thu Feb 2024	920.80	1103.95	1183.00	915.35	1.028 times
31 Wed Jan 2024	1100.20	1055.00	1124.00	1021.05	0.502 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 Finolex Cables (FINCABLES)

Price action analysis of Finolex Cables ( (FINCABLES) ) 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 Finolex Cables ( (FINCABLES) ) 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 Finolex Cables ( (FINCABLES) ) based on a short to mid 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 Finolex Cables ( (FINCABLES) ) 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 Finolex Cables stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Finolex Cables in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Finolex Cables Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 Finolex Cables in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Finolex Cables is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 983.05 and Finolex Cables (FINCABLES) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Finolex Cables (FINCABLES) stock. Volume based technical analysis of Finolex Cables (FINCABLES) stock is negative.

Finolex Cables Stock is giving positive 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.