Stock analysis Polycab India Limited POLYCAB
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Recent prices of POLYCAB Polycab India Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 15 Wed Jan 2025 | 6450.80 | 6390.15 to 6599.00 | -0.37% | 1.22 times |
| 14 Tue Jan 2025 | 6474.70 | 6185.55 to 6508.35 | 3.57% | 2.13 times |
| 13 Mon Jan 2025 | 6251.80 | 6228.15 to 6537.30 | 0% | 1.06 times |
| 13 Mon Jan 2025 | 6251.80 | 6228.15 to 6537.30 | -4.39% | 1.06 times |
| 10 Fri Jan 2025 | 6538.95 | 6500.00 to 6760.00 | -3.12% | 0.67 times |
| 09 Thu Jan 2025 | 6749.30 | 6734.95 to 7000.00 | -2.25% | 0.66 times |
| 08 Wed Jan 2025 | 6904.60 | 6820.05 to 7150.00 | -3.61% | 1.02 times |
| 07 Tue Jan 2025 | 7162.85 | 6968.90 to 7190.00 | 3.09% | 0.99 times |
| 06 Mon Jan 2025 | 6948.35 | 6925.60 to 7235.55 | -3.6% | 1.01 times |
| 03 Fri Jan 2025 | 7208.00 | 7169.70 to 7438.00 | -2.47% | 0.79 times |
| 02 Thu Jan 2025 | 7390.65 | 7280.05 to 7440.00 | 0.67% | 0.61 times |
| 01 Wed Jan 2025 | 7341.40 | 7202.80 to 7365.80 | 0.95% | 0.43 times |
Technical analysis forecast for Polycab India Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Polycab India Limited POLYCAB at this time. Stock is falling and might fall more.
It appears as if Polycab India Limited POLYCAB gave a large move recently.
Stock of Polycab India Limited (POLYCAB) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Polycab India Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Polycab India Limited stays below 6478.4, but if it comes above 6478.4, then a intra day buy could be more profitable.
If you take a sell trade below 6478.4, then use 6478.4 as stoploss and 6029.3 as target. However if you take a buy trade in Polycab India Limited, then use 6478.4 as stoploss and 6852.68 as target.