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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 2024-05-31 View latest technical analysis

10 day averaged volume of Finolex Cables is 2327304

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	1435.40	1450.10	1466.00	1420.10	0.119 times
30 Thu May 2024	1462.40	1482.00	1500.00	1444.35	0.176 times
29 Wed May 2024	1485.40	1419.05	1500.00	1394.95	0.591 times
28 Tue May 2024	1432.95	1480.00	1481.30	1408.15	0.909 times
27 Mon May 2024	1455.95	1308.30	1506.90	1290.00	3.059 times
24 Fri May 2024	1282.60	1165.00	1363.30	1164.00	3.288 times
23 Thu May 2024	1144.05	1184.95	1216.90	1116.00	0.438 times
22 Wed May 2024	1159.60	1059.05	1172.00	1040.45	1.326 times
21 Tue May 2024	1058.20	1050.00	1069.00	1037.00	0.072 times
18 Sat May 2024	1054.35	1062.00	1065.00	1044.90	0.006 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1343.9, but if it comes below 1343.9, then a intra day sell could be more profitable.
If you take a sell trade below 1343.9, then use 1343.9 as stoploss and 1167.57 as target. However if you take a buy trade in stock , then use 1343.9 as stoploss and 1555.6 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	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	1314.63
Downside Intraday Target	1193.87
Upside Intraday Target	1531.53
Upside Intraday Target	1627.67
Downside Intraday Target	1410.77

Weekly technical analysis of Finolex Cables (FINCABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	1435.40	1308.30	1506.90	1290.00	0.947 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
31 Fri May 2024	1435.40	1070.75	1506.90	994.15	5.873 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 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 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 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 coming down

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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 1342.22 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.