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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 2024-07-31 View latest technical analysis

10 day averaged volume of Finolex Cables is 159946

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	1533.15	1599.90	1605.00	1525.00	2.17 times
30 Tue Jul 2024	1578.40	1591.95	1609.45	1569.15	0.539 times
29 Mon Jul 2024	1580.75	1570.95	1611.00	1569.00	0.84 times
26 Fri Jul 2024	1561.00	1539.90	1569.80	1530.40	0.525 times
25 Thu Jul 2024	1531.45	1538.70	1545.00	1514.25	0.438 times
24 Wed Jul 2024	1538.70	1518.70	1553.50	1504.95	0.382 times
23 Tue Jul 2024	1502.90	1552.00	1558.45	1441.15	1.109 times
22 Mon Jul 2024	1540.60	1537.20	1565.40	1514.00	0.494 times
19 Fri Jul 2024	1537.25	1573.25	1587.95	1521.00	1.22 times
18 Thu Jul 2024	1572.70	1665.60	1667.40	1564.30	1.906 times

Stock of Finolex Cables (FINCABLES) has showed a significant fall. This could be a good time to exit from 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 1539.7, but if it comes above 1539.7, then a intra day buy could be more profitable.
If you take a sell trade below 1539.7, then use 1539.7 as stoploss and 1483.2 as target. However if you take a buy trade in stock , then use 1539.7 as stoploss and 1586.81 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	1556.00
Upside Target	1611.00
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	1501.77
Downside Intraday Target	1470.38
Upside Intraday Target	1587.77
Upside Intraday Target	1642.38
Upside Intraday Target	1556.38

Weekly technical analysis of Finolex Cables (FINCABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	1533.15	1570.95	1611.00	1525.00	1.204 times
26 Fri Jul 2024	1561.00	1537.20	1569.80	1441.15	0.442 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

Price has moved down 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 Wed Jul 2024	1533.15	1582.85	1697.95	1441.15	0.617 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 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 neutral. A longer time frame might give a better analysis.

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 Weak and stock is gaining momentum.

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

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 in or below 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 1546.75 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.