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 |
| 26 Fri Apr 2024 | 5593.65 | 5547.05 to 5651.85 | -0.7% | 1.34 times |
| 25 Thu Apr 2024 | 5633.10 | 5590.00 to 5689.90 | 0.7% | 1.11 times |
| 24 Wed Apr 2024 | 5593.80 | 5494.80 to 5618.10 | 1.76% | 0.8 times |
| 23 Tue Apr 2024 | 5497.25 | 5380.95 to 5525.00 | 1.17% | 1.06 times |
| 22 Mon Apr 2024 | 5433.65 | 5315.90 to 5454.70 | 2.71% | 1.04 times |
| 19 Fri Apr 2024 | 5290.05 | 5230.00 to 5353.00 | -0.75% | 0.87 times |
| 18 Thu Apr 2024 | 5329.90 | 5298.90 to 5434.15 | 1.18% | 1.15 times |
| 16 Tue Apr 2024 | 5267.55 | 5241.10 to 5387.00 | -0.87% | 0.9 times |
| 15 Mon Apr 2024 | 5313.85 | 5226.10 to 5394.70 | 0.22% | 1.44 times |
| 12 Fri Apr 2024 | 5302.35 | 5230.10 to 5363.90 | 1.03% | 0.88 times |
| 10 Wed Apr 2024 | 5248.40 | 5196.90 to 5283.00 | -0.25% | 0.74 times |
| 09 Tue Apr 2024 | 5261.40 | 5242.80 to 5336.80 | -0.38% | 0.52 times |
Technical analysis forecast of Polycab India Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Polycab India Limited POLYCAB at this time. Stock is rising and might rise more.
It appears as if Polycab India Limited POLYCAB gave a large move recently.
Stock of Polycab India Limited (POLYCAB) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!
My analysis of Polycab India Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Polycab India Limited stays above 5479.9, but if it comes below 5479.9, then a intra day sell could be more profitable.
If you take a sell trade below 5479.9, then use 5479.9 as stoploss and 5320.12 as target. However if you take a buy trade in Polycab India Limited, then use 5479.9 as stoploss and 5671.7 as target.