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Stock analysis Polycab India Limited POLYCAB

More indepth analysis on MunafaSutra.com

Moving Averages for Polycab India Limited

  • 5Day Average: 7408.5
  • 12Day Average: 7226.71
  • 20Day Average: 6989.58
  • 50Day Average: 6820.73
  • 100Day Average: 6769.61
  • 150Day Average: 6376.18
  • 200Day Average: 5939.73

POLYCAB Indicators & signals

Indicator MACD (12,26,9)

7232.83, 7036.76, 141.92
Indicator MACD is in positive zone

Indicator ADX (14)

35.77, 30.07, 14.23
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 56
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of POLYCAB Polycab India Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
14 Mon Oct 2024 7483.40 7338.00 to 7509.95 0.49% 0.52 times
11 Fri Oct 2024 7446.85 7365.00 to 7493.15 -0.08% 0.29 times
10 Thu Oct 2024 7452.85 7381.70 to 7585.50 0.76% 0.78 times
09 Wed Oct 2024 7396.65 7250.00 to 7438.00 1.84% 0.61 times
08 Tue Oct 2024 7262.75 7036.00 to 7297.90 2.63% 0.68 times
07 Mon Oct 2024 7076.90 6980.10 to 7245.50 -1.5% 0.73 times
04 Fri Oct 2024 7184.95 7170.00 to 7393.45 -2.01% 0.78 times
03 Thu Oct 2024 7332.20 7200.00 to 7430.00 0.08% 1.47 times
01 Tue Oct 2024 7326.55 6902.40 to 7353.55 5.34% 2.02 times
30 Mon Sep 2024 6955.20 6909.00 to 7068.90 -1.41% 0.5 times
27 Fri Sep 2024 7054.80 6735.90 to 7119.00 4.56% 2.14 times
26 Thu Sep 2024 6747.40 6664.00 to 6774.65 0.92% 0.89 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 7442.1, but if it comes below 7442.1, then a intra day sell could be more profitable.
If you take a sell trade below 7442.1, then use 7442.1 as stoploss and 7102.35 as target. However if you take a buy trade in Polycab India Limited, then use 7442.1 as stoploss and 7849.7 as target.

More indepth analysis on MunafaSutra.com