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(POLYCAB) Polycab India complete technical analysis [charts+indicators] | Buy/Sell Polycab India | (POLYCAB) share price targets

Complete technical analysis of Polycab India (POLYCAB) by charts plus indicators, forecast predictions and share price targets for Polycab India (POLYCAB)

Showing technical analysis as on 2025-01-30 View latest technical analysis

10 day averaged volume of Polycab India is 722217

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu Jan 2025	5788.45	5870.00	5889.90	5729.30	0.658 times
29 Wed Jan 2025	5830.25	5705.50	5906.00	5690.25	0.596 times
28 Tue Jan 2025	5674.65	5650.95	5760.00	5485.95	0.887 times
27 Mon Jan 2025	5643.50	5879.15	5879.15	5590.05	1.157 times
24 Fri Jan 2025	5915.80	6293.90	6407.85	5891.20	1.876 times
23 Thu Jan 2025	6250.90	6179.95	6464.00	6143.55	1.682 times
22 Wed Jan 2025	6164.35	6597.90	6605.95	5982.00	2.291 times
21 Tue Jan 2025	6559.65	6820.00	6821.60	6526.35	0.527 times
20 Mon Jan 2025	6807.55	6790.00	6825.00	6700.00	0.191 times
17 Fri Jan 2025	6779.70	6592.00	6824.00	6592.00	0.496 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5966.9, but if it comes above 5966.9, then a intra day buy could be more profitable.
If you take a sell trade below 5966.9, then use 5966.9 as stoploss and 5401 as target. However if you take a buy trade in stock , then use 5966.9 as stoploss and 6438.48 as target.

Share price targets for Polycab India (POLYCAB)

Target Type	Value
Downside Target	5485.95
Upside Target	5891.20
Upside Target	6185.55
Upside Target	6824.00
Upside Target	7022.00
Upside Target	7145.20
Upside Target	7235.55
Upside Target	7320.00
Upside Target	7440.00
Upside Target	7595.00
Upside Target	7605.00

Intraday share price targets for Polycab India (POLYCAB)

Target Type	Value
Downside Intraday Target	5547.6
Downside Intraday Target	5306.75
Upside Intraday Target	5967.65
Upside Intraday Target	6146.85
Downside Intraday Target	5726.8

Weekly technical analysis of Polycab India (POLYCAB)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu Jan 2025	5788.45	5879.15	5906.00	5485.95	0.502 times
24 Fri Jan 2025	5915.80	6790.00	6825.00	5891.20	2.715 times
17 Fri Jan 2025	6779.70	6451.05	6824.00	6185.55	1.512 times
10 Fri Jan 2025	6538.95	7215.00	7235.55	6500.00	1.122 times
03 Fri Jan 2025	7208.00	7185.00	7440.00	7145.20	1.537 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 Polycab India (POLYCAB)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Thu Jan 2025	5788.45	7285.00	7440.00	5485.95	2.328 times
31 Tue Dec 2024	7272.35	7308.00	7595.00	7022.00	0.757 times
29 Fri Nov 2024	7297.90	6500.00	7320.00	6257.50	0.503 times
31 Thu Oct 2024	6480.40	6987.95	7605.00	6308.00	1.505 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Polycab India (POLYCAB)

Price action analysis of Polycab India ( (POLYCAB) ) based on a short 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 Polycab India ( (POLYCAB) ) 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 Polycab India ( (POLYCAB) ) 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 Polycab India ( (POLYCAB) ) 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 Polycab India stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Polycab India in short term and the sell signal is strong.

Polycab India 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 SELL signal for Polycab India in short term and SELL signal is strong!

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 Polycab India is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6051.66 and Polycab India (POLYCAB) 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 Polycab India (POLYCAB) stock. Volume based technical analysis of Polycab India (POLYCAB) stock is negative.

Polycab India 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.