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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 2025-01-22 View latest technical analysis

10 day averaged volume of Polycab India is 288971

Date	Daily Closing Price	Open	High	Low	Volume
22 Wed Jan 2025	6164.35	6597.90	6605.95	5982.00	5.725 times
21 Tue Jan 2025	6559.65	6820.00	6821.60	6526.35	1.317 times
20 Mon Jan 2025	6807.55	6790.00	6825.00	6700.00	0.478 times
17 Fri Jan 2025	6779.70	6592.00	6824.00	6592.00	1.24 times
16 Thu Jan 2025	6665.35	6522.30	6710.00	6522.30	0.739 times
15 Wed Jan 2025	6450.80	6500.00	6599.00	6390.15	1.127 times
14 Tue Jan 2025	6474.70	6259.90	6508.35	6185.55	1.962 times
13 Mon Jan 2025	6251.80	6451.05	6537.30	6228.15	0.978 times
10 Fri Jan 2025	6538.95	6750.60	6760.00	6500.00	0.615 times
09 Thu Jan 2025	6749.30	7000.00	7000.00	6734.95	0.604 times

Stock of Polycab India (POLYCAB) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 6058.2, for a target of 6496.9 or 6862.39

Share price targets for Polycab India (POLYCAB)

Target Type	Value
Downside Target	5982.00
Upside 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	5822.57
Downside Intraday Target	5480.78
Upside Intraday Target	6665.57
Upside Intraday Target	7166.78
Upside Intraday Target	6323.78

Weekly technical analysis of Polycab India (POLYCAB)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Wed Jan 2025	6164.35	6790.00	6825.00	5982.00	1.244 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
22 Wed Jan 2025	6164.35	7285.00	7440.00	5982.00	1.232 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 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 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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. 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 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 6405.3 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.