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 |
| 23 Tue Apr 2024 | 5497.25 | 5380.95 to 5525.00 | 1.17% | 1.11 times |
| 22 Mon Apr 2024 | 5433.65 | 5315.90 to 5454.70 | 2.71% | 1.08 times |
| 19 Fri Apr 2024 | 5290.05 | 5230.00 to 5353.00 | -0.75% | 0.91 times |
| 18 Thu Apr 2024 | 5329.90 | 5298.90 to 5434.15 | 1.18% | 1.2 times |
| 16 Tue Apr 2024 | 5267.55 | 5241.10 to 5387.00 | -0.87% | 0.94 times |
| 15 Mon Apr 2024 | 5313.85 | 5226.10 to 5394.70 | 0.22% | 1.5 times |
| 12 Fri Apr 2024 | 5302.35 | 5230.10 to 5363.90 | 1.03% | 0.92 times |
| 10 Wed Apr 2024 | 5248.40 | 5196.90 to 5283.00 | -0.25% | 0.77 times |
| 09 Tue Apr 2024 | 5261.40 | 5242.80 to 5336.80 | -0.38% | 0.54 times |
| 08 Mon Apr 2024 | 5281.40 | 5216.35 to 5390.00 | -0.66% | 1.32 times |
| 05 Fri Apr 2024 | 5316.60 | 5220.00 to 5323.30 | 1.75% | 0.81 times |
| 04 Thu Apr 2024 | 5224.95 | 5204.70 to 5304.90 | -0.7% | 0.62 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!
Although my analysis for Polycab India Limited is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 5542.7, for a target of 5366.6 or 5219.77