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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 2025-01-21 View latest technical analysis

10 day averaged volume of Polycab India is 277183

Date	Daily Closing Price	Open	High	Low	Volume
21 Tue Jan 2025	6559.65	6820.00	6821.60	6526.35	1.373 times
20 Mon Jan 2025	6807.55	6790.00	6825.00	6700.00	0.499 times
17 Fri Jan 2025	6779.70	6592.00	6824.00	6592.00	1.293 times
16 Thu Jan 2025	6665.35	6522.30	6710.00	6522.30	0.771 times
15 Wed Jan 2025	6450.80	6500.00	6599.00	6390.15	1.175 times
14 Tue Jan 2025	6474.70	6259.90	6508.35	6185.55	2.045 times
13 Mon Jan 2025	6251.80	6451.05	6537.30	6228.15	1.019 times
10 Fri Jan 2025	6538.95	6750.60	6760.00	6500.00	0.642 times
09 Thu Jan 2025	6749.30	7000.00	7000.00	6734.95	0.629 times
08 Wed Jan 2025	6904.60	7150.00	7150.00	6820.05	0.98 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6577.5, but if it comes above 6577.5, then a intra day buy could be more profitable.
If you take a sell trade below 6577.5, then use 6577.5 as stoploss and 6180 as target. However if you take a buy trade in stock , then use 6577.5 as stoploss and 6908.77 as target.

Share price targets for Polycab India (POLYCAB)

Target Type	Value
Downside Target	6185.55
Upside Target	6824.00
Upside Target	7022.00
Upside Target	7145.20
Upside Target	7235.55
Upside Target	7268.45
Upside Target	7320.00
Upside Target	7440.00
Upside Target	7595.00
Upside Target	7605.00

Intraday share price targets for Polycab India (POLYCAB)

Target Type	Value
Downside Intraday Target	6449
Downside Intraday Target	6338.35
Upside Intraday Target	6747.65
Upside Intraday Target	6935.65
Upside Intraday Target	6637

Weekly technical analysis of Polycab India (POLYCAB)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Tue Jan 2025	6559.65	6790.00	6825.00	6526.35	0.297 times
17 Fri Jan 2025	6779.70	6451.05	6824.00	6185.55	1.512 times
10 Fri Jan 2025	6538.95	7215.00	7235.55	6500.00	1.122 times
03 Fri Jan 2025	7208.00	7185.00	7440.00	7145.20	1.537 times
27 Fri Dec 2024	7149.25	7180.00	7268.45	7022.00	0.61 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 Polycab India (POLYCAB)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Tue Jan 2025	6559.65	7285.00	7440.00	6185.55	0.865 times
31 Tue Dec 2024	7272.35	7308.00	7595.00	7022.00	0.757 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

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 Polycab India (POLYCAB)

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 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 Polycab India ( (POLYCAB) ) based on a mid to longer 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.

ADX buy sell signal for Polycab India stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Polycab India in short term and the sell signal is strong.

Polycab India Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 Polycab India in short term and SELL signal is strong!

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 Polycab India is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6590.16 and Polycab India (POLYCAB) 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 Polycab India (POLYCAB) stock. Volume based technical analysis of Polycab India (POLYCAB) stock is negative.

Polycab India 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.