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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 2024-08-06 View latest technical analysis

10 day averaged volume of Finolex Cables is 142343

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	1479.95	1459.00	1520.00	1458.00	0.924 times
05 Mon Aug 2024	1455.90	1522.00	1522.00	1444.20	1.403 times
02 Fri Aug 2024	1533.40	1512.00	1540.00	1498.90	0.738 times
01 Thu Aug 2024	1524.15	1540.00	1548.85	1516.00	1.112 times
31 Wed Jul 2024	1533.15	1599.90	1605.00	1525.00	2.439 times
30 Tue Jul 2024	1578.40	1591.95	1609.45	1569.15	0.606 times
29 Mon Jul 2024	1580.75	1570.95	1611.00	1569.00	0.944 times
26 Fri Jul 2024	1561.00	1539.90	1569.80	1530.40	0.589 times
25 Thu Jul 2024	1531.45	1538.70	1545.00	1514.25	0.492 times
24 Wed Jul 2024	1538.70	1518.70	1553.50	1504.95	0.43 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1509.4, but if it comes above 1509.4, then a intra day buy could be more profitable.
If you take a sell trade below 1509.4, then use 1509.4 as stoploss and 1453.2 as target. However if you take a buy trade in stock , then use 1509.4 as stoploss and 1556.3 as target.

Share price targets for Finolex Cables (FINCABLES)

Target Type	Value
Downside Target	960.60
Downside Target	994.15
Downside Target	1070.00
Downside Target	1300.05
Downside Target	1441.15
Upside Target	1498.90
Upside Target	1556.00
Upside Target	1569.80
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	1442.1
Downside Intraday Target	1404.25
Upside Intraday Target	1519.9
Upside Intraday Target	1559.85
Upside Intraday Target	1482.05

Weekly technical analysis of Finolex Cables (FINCABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	1479.95	1522.00	1522.00	1444.20	0.398 times
02 Fri Aug 2024	1533.40	1570.95	1611.00	1498.90	1.763 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

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
06 Tue Aug 2024	1479.95	1540.00	1548.85	1444.20	0.164 times
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

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 gaining 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 getting stronger in this stock.

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 SELL signal in short term and selling is picking up 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 1525.19 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.