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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 2024-05-29 View latest technical analysis

10 day averaged volume of Finolex Cables is 2209790

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed May 2024	1485.40	1419.05	1500.00	1394.95	0.622 times
28 Tue May 2024	1432.95	1480.00	1481.30	1408.15	0.958 times
27 Mon May 2024	1455.95	1308.30	1506.90	1290.00	3.222 times
24 Fri May 2024	1282.60	1165.00	1363.30	1164.00	3.463 times
23 Thu May 2024	1144.05	1184.95	1216.90	1116.00	0.461 times
22 Wed May 2024	1159.60	1059.05	1172.00	1040.45	1.397 times
21 Tue May 2024	1058.20	1050.00	1069.00	1037.00	0.076 times
18 Sat May 2024	1054.35	1062.00	1065.00	1044.90	0.007 times
17 Fri May 2024	1055.40	1045.00	1070.45	1044.85	0.142 times
16 Thu May 2024	1039.70	1049.75	1054.40	1035.35	0.033 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1461.1, for a target of 1279.6 or 1128.4

Share price targets for Finolex Cables (FINCABLES)

Target Type	Value
Downside Target	831.25
Downside Target	915.35
Downside Target	960.60
Downside Target	994.15
Downside Target	1070.00
Downside Target	1084.40
Downside Target	1124.00
Downside Target	1183.00
Downside Target	1290.00
Downside Target	1363.30
Upside Target	1506.90

Intraday share price targets for Finolex Cables (FINCABLES)

Target Type	Value
Downside Intraday Target	1347.97
Downside Intraday Target	1210.53
Upside Intraday Target	1564.87
Upside Intraday Target	1644.33
Downside Intraday Target	1427.43

Weekly technical analysis of Finolex Cables (FINCABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed May 2024	1485.40	1308.30	1506.90	1290.00	0.89 times
24 Fri May 2024	1282.60	1050.00	1363.30	1037.00	9.597 times
18 Sat May 2024	1054.35	1020.10	1084.40	994.15	0.907 times
10 Fri May 2024	1027.65	1054.00	1070.00	1005.30	1.107 times
03 Fri May 2024	1048.35	1004.40	1082.00	1004.05	1.248 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
29 Wed May 2024	1485.40	1070.75	1506.90	994.15	5.72 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, and volume has increased substantially. This means that the move can 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 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 gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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 1334.08 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.