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(POLYCAB) Polycab India complete technical analysis [charts+indicators] | Buy/Sell Polycab India | (POLYCAB) share price targets

Complete technical analysis of Polycab India (POLYCAB) by charts plus indicators, forecast predictions and share price targets for Polycab India (POLYCAB)

Showing technical analysis as on 2024-12-05 View latest technical analysis

10 day averaged volume of Polycab India is 331089

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	7341.60	7325.30	7386.85	7273.65	0.906 times
04 Wed Dec 2024	7300.10	7420.95	7479.00	7272.00	0.643 times
03 Tue Dec 2024	7412.50	7352.00	7429.15	7302.00	0.818 times
02 Mon Dec 2024	7351.95	7308.00	7393.00	7290.15	0.693 times
29 Fri Nov 2024	7297.90	7175.50	7320.00	7110.00	1.513 times
28 Thu Nov 2024	7149.20	7100.00	7165.25	7039.30	1.874 times
27 Wed Nov 2024	7044.00	6870.50	7087.45	6828.15	1.504 times
26 Tue Nov 2024	6872.65	6800.00	6885.00	6740.00	0.659 times
25 Mon Nov 2024	6766.15	6810.00	6821.00	6701.20	1.117 times
22 Fri Nov 2024	6620.50	6415.00	6645.50	6408.35	0.578 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 7200.3, but if it comes below 7200.3, then a intra day sell could be more profitable.
If you take a sell trade below 7200.3, then use 7200.3 as stoploss and 6839.72 as target. However if you take a buy trade in stock , then use 7200.3 as stoploss and 7632.9 as target.

Share price targets for Polycab India (POLYCAB)

Target Type	Value
Downside Target	6257.50
Downside Target	6645.50
Downside Target	6950.00
Downside Target	7119.00
Downside Target	7272.00
Downside Target	7320.00
Upside Target	7479.00
Upside Target	7605.00

Intraday share price targets for Polycab India (POLYCAB)

Target Type	Value
Downside Intraday Target	7249.4
Downside Intraday Target	7157.2
Upside Intraday Target	7456.4
Upside Intraday Target	7571.2
Upside Intraday Target	7364.2

Weekly technical analysis of Polycab India (POLYCAB)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	7341.60	7308.00	7479.00	7272.00	0.459 times
29 Fri Nov 2024	7297.90	6810.00	7320.00	6701.20	2.115 times
22 Fri Nov 2024	6620.50	6295.90	6645.50	6257.50	1.305 times
14 Thu Nov 2024	6301.90	6725.80	6798.75	6264.15	0.423 times
08 Fri Nov 2024	6725.80	6505.00	6950.00	6371.40	1.736 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 Polycab India (POLYCAB)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	7341.60	7308.00	7479.00	7272.00	0.17 times
29 Fri Nov 2024	7297.90	6500.00	7320.00	6257.50	0.503 times
31 Thu Oct 2024	6480.40	6987.95	7605.00	6308.00	1.505 times
30 Mon Sep 2024	6955.20	6839.95	7119.00	6425.55	1.093 times

Scroll below to view daily charts

Price has moved up 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 Polycab India (POLYCAB)

Price action analysis of Polycab India ( (POLYCAB) ) 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 Polycab India ( (POLYCAB) ) 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 Polycab India ( (POLYCAB) ) 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 Polycab India ( (POLYCAB) ) 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 Polycab India stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Polycab India 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.

Polycab India 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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Polycab India in short term but SELL signal is weak.

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

MRSI is in positive zone. This is a BUY zone

Stock of Polycab India is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7127.68 and Polycab India (POLYCAB) 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 Polycab India (POLYCAB) stock. Volume based technical analysis of Polycab India (POLYCAB) stock is negative.

Polycab India 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.