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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 2024-05-08 View latest technical analysis

10 day averaged volume of Finolex Cables is 254121

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed May 2024	1057.30	1042.00	1069.50	1034.30	0.696 times
07 Tue May 2024	1062.50	1039.85	1070.00	1013.00	1.033 times
06 Mon May 2024	1032.10	1054.00	1056.00	1028.00	0.477 times
03 Fri May 2024	1048.35	1066.00	1082.00	1044.65	1.13 times
02 Thu May 2024	1066.00	1070.75	1077.00	1041.00	0.988 times
30 Tue Apr 2024	1053.25	1043.65	1070.00	1027.80	1.492 times
29 Mon Apr 2024	1035.05	1004.40	1044.80	1004.05	1.262 times
26 Fri Apr 2024	1004.40	1018.00	1026.60	1001.20	0.49 times
25 Thu Apr 2024	1012.30	1017.35	1021.00	1003.45	0.353 times
24 Wed Apr 2024	1011.80	1010.40	1032.00	1006.05	0.777 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1044, but if it comes below 1044, then a intra day sell could be more profitable.
If you take a sell trade below 1044, then use 1044 as stoploss and 1014.87 as target. However if you take a buy trade in stock , then use 1044 as stoploss and 1079.1 as target.

Share price targets for Finolex Cables (FINCABLES)

Target Type	Value
Downside Target	831.25
Downside Target	915.35
Downside Target	960.60
Downside Target	987.10
Downside Target	1022.00
Downside Target	1032.00
Upside Target	1070.00
Upside Target	1082.00
Upside Target	1124.00
Upside Target	1183.00

Intraday share price targets for Finolex Cables (FINCABLES)

Target Type	Value
Downside Intraday Target	1023.53
Downside Intraday Target	989.77
Upside Intraday Target	1080.53
Upside Intraday Target	1103.77
Downside Intraday Target	1046.77

Weekly technical analysis of Finolex Cables (FINCABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed May 2024	1057.30	1054.00	1070.00	1013.00	0.453 times
03 Fri May 2024	1048.35	1004.40	1082.00	1004.05	1.248 times
26 Fri Apr 2024	1004.40	977.00	1032.00	966.30	2.15 times
19 Fri Apr 2024	970.45	981.70	1005.60	960.60	0.662 times
12 Fri Apr 2024	1000.35	995.00	1022.00	987.10	0.424 times

Price has moved up 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 Finolex Cables (FINCABLES)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Wed May 2024	1057.30	1070.75	1082.00	1013.00	0.245 times
30 Tue Apr 2024	1053.25	1003.00	1070.00	960.60	0.525 times
28 Thu Mar 2024	1001.00	927.85	1008.90	831.25	1.839 times
29 Thu Feb 2024	920.80	1103.95	1183.00	915.35	1.028 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 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 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 Finolex Cables ( (FINCABLES) ) 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 Finolex Cables ( (FINCABLES) ) based on a mid to longer 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.

ADX buy sell signal for Finolex Cables stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Finolex Cables in short term and the buy signal is strong.

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

Finolex Cables 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Finolex Cables 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1043.57 and Finolex Cables (FINCABLES) 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 Finolex Cables (FINCABLES) stock. Volume based technical analysis of Finolex Cables (FINCABLES) stock is negative.

Finolex Cables Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.