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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 2025-02-03 View latest technical analysis

10 day averaged volume of Polycab India is 780616

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Feb 2025	5857.75	5834.45	5919.80	5745.05	0.52 times
31 Fri Jan 2025	6037.95	5809.95	6053.60	5718.60	0.872 times
30 Thu Jan 2025	5788.45	5870.00	5889.90	5729.30	0.609 times
29 Wed Jan 2025	5830.25	5705.50	5906.00	5690.25	0.551 times
28 Tue Jan 2025	5674.65	5650.95	5760.00	5485.95	0.821 times
27 Mon Jan 2025	5643.50	5879.15	5879.15	5590.05	1.071 times
24 Fri Jan 2025	5915.80	6293.90	6407.85	5891.20	1.736 times
23 Thu Jan 2025	6250.90	6179.95	6464.00	6143.55	1.557 times
22 Wed Jan 2025	6164.35	6597.90	6605.95	5982.00	2.119 times
21 Tue Jan 2025	6559.65	6820.00	6821.60	6526.35	0.488 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5887.4, but if it comes above 5887.4, then a intra day buy could be more profitable.
If you take a sell trade below 5887.4, then use 5887.4 as stoploss and 5361.8 as target. However if you take a buy trade in stock , then use 5887.4 as stoploss and 6325.44 as target.

Share price targets for Polycab India (POLYCAB)

Target Type	Value
Downside Target	5485.95
Downside Target	5745.05
Upside Target	5891.20
Upside Target	6053.60
Upside Target	6185.55
Upside Target	6500.00
Upside Target	6824.00
Upside Target	7022.00
Upside Target	7235.55
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	5761.93
Downside Intraday Target	5666.12
Upside Intraday Target	5936.68
Upside Intraday Target	6015.62
Downside Intraday Target	5840.87

Weekly technical analysis of Polycab India (POLYCAB)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Feb 2025	5857.75	5834.45	5919.80	5745.05	0.132 times
31 Fri Jan 2025	6037.95	5879.15	6053.60	5485.95	0.646 times
24 Fri Jan 2025	5915.80	6790.00	6825.00	5891.20	2.715 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

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
03 Mon Feb 2025	5857.75	5834.45	5919.80	5745.05	0.036 times
31 Fri Jan 2025	6037.95	7285.00	7440.00	5485.95	2.479 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

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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 Polycab India stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

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

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 weakening, and bulls are picking up momentum!

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 but selling is losing 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 5995.5 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.