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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 2024-07-24 View latest technical analysis

10 day averaged volume of Finolex Cables is 210383

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	1538.70	1518.70	1553.50	1504.95	0.291 times
23 Tue Jul 2024	1502.90	1552.00	1558.45	1441.15	0.843 times
22 Mon Jul 2024	1540.60	1537.20	1565.40	1514.00	0.376 times
19 Fri Jul 2024	1537.25	1573.25	1587.95	1521.00	0.928 times
18 Thu Jul 2024	1572.70	1665.60	1667.40	1564.30	1.449 times
16 Tue Jul 2024	1656.45	1602.80	1674.90	1591.95	1.936 times
15 Mon Jul 2024	1602.85	1588.80	1625.50	1555.05	0.755 times
12 Fri Jul 2024	1583.65	1625.40	1650.00	1578.00	0.616 times
11 Thu Jul 2024	1618.30	1608.85	1675.00	1589.35	1.138 times
10 Wed Jul 2024	1593.30	1618.00	1622.90	1556.00	1.011 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1552.9, but if it comes above 1552.9, then a intra day buy could be more profitable.
If you take a sell trade below 1552.9, then use 1552.9 as stoploss and 1497.5 as target. However if you take a buy trade in stock , then use 1552.9 as stoploss and 1599.03 as target.

Share price targets for Finolex Cables (FINCABLES)

Target Type	Value
Downside Target	831.25
Downside Target	960.60
Downside Target	994.15
Downside Target	1070.00
Downside Target	1300.05
Downside Target	1441.15
Downside Target	1506.90
Upside Target	1674.90
Upside Target	1683.35
Upside Target	1697.95
Upside Target	1700.00

Intraday share price targets for Finolex Cables (FINCABLES)

Target Type	Value
Downside Intraday Target	1464.77
Downside Intraday Target	1390.83
Upside Intraday Target	1589.02
Upside Intraday Target	1639.33
Downside Intraday Target	1515.08

Weekly technical analysis of Finolex Cables (FINCABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	1538.70	1537.20	1565.40	1441.15	0.298 times
19 Fri Jul 2024	1537.25	1588.80	1674.90	1521.00	1.186 times
12 Fri Jul 2024	1583.65	1666.50	1683.35	1556.00	1.429 times
05 Fri Jul 2024	1666.50	1582.85	1697.95	1560.05	0.613 times
28 Fri Jun 2024	1559.40	1561.50	1700.00	1545.40	1.168 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
24 Wed Jul 2024	1538.70	1582.85	1697.95	1441.15	0.495 times
28 Fri Jun 2024	1559.40	1500.00	1700.00	1300.05	0.223 times
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

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 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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Finolex Cables in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green 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 1588.83 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.