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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 2024-08-09 View latest technical analysis

10 day averaged volume of Finolex Cables is 153187

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	1490.60	1520.00	1520.00	1486.05	0.509 times
08 Thu Aug 2024	1497.30	1493.50	1510.80	1485.50	0.703 times
07 Wed Aug 2024	1493.50	1488.55	1505.00	1454.50	1.16 times
06 Tue Aug 2024	1479.95	1459.00	1520.00	1458.00	0.859 times
05 Mon Aug 2024	1455.90	1522.00	1522.00	1444.20	1.303 times
02 Fri Aug 2024	1533.40	1512.00	1540.00	1498.90	0.686 times
01 Thu Aug 2024	1524.15	1540.00	1548.85	1516.00	1.034 times
31 Wed Jul 2024	1533.15	1599.90	1605.00	1525.00	2.266 times
30 Tue Jul 2024	1578.40	1591.95	1609.45	1569.15	0.563 times
29 Mon Jul 2024	1580.75	1570.95	1611.00	1569.00	0.877 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1493.4, but if it comes above 1493.4, then a intra day buy could be more profitable.
If you take a sell trade below 1493.4, then use 1493.4 as stoploss and 1437.8 as target. However if you take a buy trade in stock , then use 1493.4 as stoploss and 1539.73 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	1449.2
Downside Intraday Target	1407.8
Upside Intraday Target	1527
Upside Intraday Target	1563.4
Downside Intraday Target	1485.6

Weekly technical analysis of Finolex Cables (FINCABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	1490.60	1522.00	1522.00	1444.20	0.836 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
09 Fri Aug 2024	1490.60	1540.00	1548.85	1444.20	0.264 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 and the sell signal is strong.

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 red color and prices are below the red cloud Prices appear to be coming down

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 but selling 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 1514.96 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.