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(FINCABLES) Finolex Cables complete technical analysis [charts+indicators] | Buy/Sell Finolex Cables | (FINCABLES) share price targets

Complete technical analysis of Finolex Cables (FINCABLES) by charts plus indicators, forecast predictions and share price targets for Finolex Cables (FINCABLES)

Finolex Cables trades in NSE in Other Elect.Equip. sector.

Showing technical analysis as on 2024-03-15 View latest technical analysis

10 day averaged volume of Finolex Cables is 245832

Date	Daily Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	877.95	841.00	897.85	832.80	5.461 times
14 Thu Mar 2024	838.80	844.10	859.50	831.25	1.582 times
13 Wed Mar 2024	844.10	884.25	885.00	833.30	1.91 times
12 Tue Mar 2024	883.55	894.50	901.80	877.05	0.82 times
11 Mon Mar 2024	892.40	905.20	916.00	888.85	0.696 times
07 Thu Mar 2024	906.40	925.50	933.40	901.05	1.464 times
06 Wed Mar 2024	923.60	940.95	942.20	917.10	0.68 times
05 Tue Mar 2024	936.70	950.00	954.65	924.25	0.725 times
04 Mon Mar 2024	955.75	961.00	969.60	942.00	0.664 times
02 Sat Mar 2024	958.45	915.05	960.00	915.05	0.268 times

Stock of Finolex Cables (FINCABLES) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 886.4, but if it comes above 886.4, then a intra day buy could be more profitable.
If you take a sell trade below 886.4, then use 886.4 as stoploss and 830.3 as target. However if you take a buy trade in stock , then use 886.4 as stoploss and 933.11 as target.

Share price targets for Finolex Cables (FINCABLES)

Target Type	Value
Downside Target	831.25
Upside Target	883.35
Upside Target	901.05
Upside Target	969.60
Upside Target	985.85
Upside Target	989.30
Upside Target	1006.20
Upside Target	1021.05
Upside Target	1069.95
Upside Target	1124.00
Upside Target	1157.95
Upside Target	1183.00

Intraday share price targets for Finolex Cables (FINCABLES)

Target Type	Value
Downside Intraday Target	834.13
Downside Intraday Target	790.32
Upside Intraday Target	918.88
Upside Intraday Target	959.82
Downside Intraday Target	875.07

Weekly technical analysis of Finolex Cables (FINCABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	877.95	905.20	916.00	831.25	2.964 times
07 Thu Mar 2024	906.40	961.00	969.60	901.05	0.746 times
02 Sat Mar 2024	958.45	987.95	989.30	907.50	1.955 times
23 Fri Feb 2024	980.80	1000.25	1006.20	978.00	0.603 times
16 Fri Feb 2024	999.05	1059.05	1069.95	982.05	0.5 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Finolex Cables (FINCABLES)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	877.95	927.85	969.60	831.25	0.817 times
29 Thu Feb 2024	920.80	1103.95	1183.00	915.35	1.028 times
31 Wed Jan 2024	1100.20	1055.00	1124.00	1021.05	0.502 times
29 Fri Dec 2023	1069.15	978.00	1157.95	972.00	0.834 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 Finolex Cables (FINCABLES)

Price action analysis of Finolex Cables ( (FINCABLES) ) based on a short 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 Finolex Cables ( (FINCABLES) ) 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 Finolex Cables ( (FINCABLES) ) 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 Finolex Cables stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Finolex Cables 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.

Finolex Cables Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up

CCI has generated a buy signal for Finolex Cables in short term but BUY signal is weak.

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

Stock of Finolex Cables is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 883.31 and Finolex Cables (FINCABLES) 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 Finolex Cables (FINCABLES) stock. Volume based technical analysis of Finolex Cables (FINCABLES) stock is negative.

Finolex Cables 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.