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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.

10 day averaged volume of Finolex Cables is 165000

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	1012.30	1017.35	1021.00	1003.45	0.544 times
24 Wed Apr 2024	1011.80	1010.40	1032.00	1006.05	1.196 times
23 Tue Apr 2024	1008.20	980.05	1017.00	966.30	3.078 times
22 Mon Apr 2024	978.10	977.00	984.70	970.25	0.438 times
19 Fri Apr 2024	970.45	970.00	979.00	965.40	0.499 times
18 Thu Apr 2024	984.45	984.00	1005.60	981.05	0.711 times
16 Tue Apr 2024	984.00	984.00	994.05	980.00	0.724 times
15 Mon Apr 2024	985.55	981.70	992.10	960.60	0.861 times
12 Fri Apr 2024	1000.35	1000.00	1004.00	989.10	1.178 times
10 Wed Apr 2024	1001.45	1000.95	1004.90	989.10	0.62 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1007.9, but if it comes below 1007.9, then a intra day sell could be more profitable.
If you take a sell trade below 1007.9, then use 1007.9 as stoploss and 992.74 as target. However if you take a buy trade in stock , then use 1007.9 as stoploss and 1026.1 as target.

Share price targets for Finolex Cables (FINCABLES)

Target Type	Value
Downside Target	831.25
Downside Target	889.80
Downside Target	915.35
Downside Target	960.60
Upside Target	1021.05
Upside Target	1022.00
Upside Target	1032.00
Upside Target	1045.75
Upside Target	1124.00
Upside Target	1157.95
Upside Target	1183.00

Intraday share price targets for Finolex Cables (FINCABLES)

Target Type	Value
Downside Intraday Target	975.07
Downside Intraday Target	937.83
Upside Intraday Target	1040.77
Upside Intraday Target	1069.23
Downside Intraday Target	1003.53

Weekly technical analysis of Finolex Cables (FINCABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	1012.30	977.00	1032.00	966.30	1.88 times
19 Fri Apr 2024	970.45	981.70	1005.60	960.60	0.662 times
12 Fri Apr 2024	1000.35	995.00	1022.00	987.10	0.424 times
05 Fri Apr 2024	991.05	1003.00	1045.75	969.00	0.509 times
28 Thu Mar 2024	1001.00	889.80	1008.90	889.80	2.118 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Finolex Cables (FINCABLES)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	1012.30	1003.00	1045.75	960.60	0.429 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
31 Wed Jan 2024	1100.20	1055.00	1124.00	1021.05	0.502 times

Scroll below to view daily charts

Price has moved up 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 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 mid to longer 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.

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 moving up

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 998.77 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.