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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 2025-01-31 View latest technical analysis

10 day averaged volume of Polycab India is 748416

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	6037.95	5809.95	6053.60	5718.60	0.909 times
30 Thu Jan 2025	5788.45	5870.00	5889.90	5729.30	0.635 times
29 Wed Jan 2025	5830.25	5705.50	5906.00	5690.25	0.575 times
28 Tue Jan 2025	5674.65	5650.95	5760.00	5485.95	0.856 times
27 Mon Jan 2025	5643.50	5879.15	5879.15	5590.05	1.117 times
24 Fri Jan 2025	5915.80	6293.90	6407.85	5891.20	1.81 times
23 Thu Jan 2025	6250.90	6179.95	6464.00	6143.55	1.624 times
22 Wed Jan 2025	6164.35	6597.90	6605.95	5982.00	2.21 times
21 Tue Jan 2025	6559.65	6820.00	6821.60	6526.35	0.509 times
20 Mon Jan 2025	6807.55	6790.00	6825.00	6700.00	0.185 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 5935.7 as stoploss in an intra day buy trade for a target of 6379.97. However, stock will show a bearish move below 5935.7.

Share price targets for Polycab India (POLYCAB)

Target Type	Value
Downside Target	5485.95
Downside Target	5891.20
Upside Target	6053.60
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	5664.73
Downside Intraday Target	5291.52
Upside Intraday Target	6232.38
Upside Intraday Target	6426.82
Downside Intraday Target	5859.17

Weekly technical analysis of Polycab India (POLYCAB)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	6037.95	5879.15	6053.60	5485.95	0.646 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 up 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
31 Fri Jan 2025	6037.95	7285.00	7440.00	5485.95	2.479 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 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 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 losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 moving up

CCI has generated a buy signal for Polycab India 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

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Polycab India is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6017.04 and Polycab India (POLYCAB) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.