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(BIRLACABLE) Birla Cable complete technical analysis [charts+indicators] | Buy/Sell Birla Cable | (BIRLACABLE) share price targets

Complete technical analysis of Birla Cable (BIRLACABLE) by charts plus indicators, forecast predictions and share price targets for Birla Cable (BIRLACABLE)

Birla Cable trades in NSE in Other Elect.Equip. sector.

Showing technical analysis as on 2024-04-08 View latest technical analysis

10 day averaged volume of Birla Cable is 191052

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	252.25	258.00	258.00	251.10	0.38 times
05 Fri Apr 2024	254.85	254.65	257.25	249.20	0.359 times
04 Thu Apr 2024	254.95	257.80	261.95	252.95	0.663 times
03 Wed Apr 2024	257.40	250.00	259.70	250.00	0.778 times
02 Tue Apr 2024	252.95	249.15	256.95	247.40	0.806 times
01 Mon Apr 2024	249.05	229.05	255.90	229.05	3.141 times
28 Thu Mar 2024	225.35	227.85	233.00	224.00	0.732 times
27 Wed Mar 2024	226.70	236.00	237.95	224.50	1.153 times
26 Tue Mar 2024	233.45	239.55	240.90	231.00	0.775 times
22 Fri Mar 2024	238.05	232.50	245.00	232.00	0.905 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 254.6 as stoploss in an intra day sell trade for a target of 240.9. However, stock will show a bullish move above 254.6.

Share price targets for Birla Cable (BIRLACABLE)

Target Type	Value
Downside Target	215.05
Downside Target	224.00
Downside Target	240.90
Downside Target	251.10
Upside Target	258.00
Upside Target	263.00
Upside Target	268.50
Upside Target	271.75
Upside Target	288.85
Upside Target	300.05
Upside Target	310.95
Upside Target	340.00

Intraday share price targets for Birla Cable (BIRLACABLE)

Target Type	Value
Downside Intraday Target	249.57
Downside Intraday Target	246.88
Upside Intraday Target	256.47
Upside Intraday Target	260.68
Upside Intraday Target	253.78

Weekly technical analysis of Birla Cable (BIRLACABLE)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	252.25	258.00	258.00	251.10	0.066 times
05 Fri Apr 2024	254.85	229.05	261.95	229.05	2.16 times
28 Thu Mar 2024	225.35	239.55	240.90	224.00	0.564 times
22 Fri Mar 2024	238.05	231.20	245.00	225.00	1.07 times
15 Fri Mar 2024	233.40	262.00	268.50	215.05	1.437 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 Birla Cable (BIRLACABLE)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	252.25	229.05	261.95	229.05	0.39 times
28 Thu Mar 2024	225.35	288.45	300.05	215.05	0.308 times
29 Thu Feb 2024	287.35	284.00	340.00	271.75	4.906 times
31 Wed Jan 2024	281.10	287.05	288.85	263.00	0.597 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 Birla Cable (BIRLACABLE)

Price action analysis of Birla Cable ( (BIRLACABLE) ) 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 Birla Cable ( (BIRLACABLE) ) 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 Birla Cable ( (BIRLACABLE) ) 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 Birla Cable ( (BIRLACABLE) ) 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 Birla Cable stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Birla Cable in short term but the buy signal is initial and weak.

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

Birla Cable 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 buy signal for Birla Cable in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 Birla Cable is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 244.06 and Birla Cable (BIRLACABLE) 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 Birla Cable (BIRLACABLE) stock. Volume based technical analysis of Birla Cable (BIRLACABLE) stock is negative.

Birla Cable Stock is giving positive 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.