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POLYCAB NEWS why is Polycab India Limited price falling or rising

POLYCAB NEWS reasons for why stock price of Polycab India Limited is falling or rising

POLYCAB Polycab India is falling or rising technical reasons

Technical analysis forecast of Polycab India 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 POLYCAB at this time. Stock is rising and might rise more.

It appears as if Polycab India POLYCAB gave a large move recently.

Stock of Polycab India (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 is bullish for shortterm, and stock might move up till 5198.6 or till 5315.6. Use a stoploss of 5101.06 and if this stock hits its stoploss, then it can fall down till 5003.55

POLYCAB Polycab India is falling or rising NEWS fundamental reasons

Polycab India, TCI, 4 other mid & small cap stocks hit all-time high on Thursday The stock market witnessed significant achievements on September 21 as several mid and small-cap stocks hit their all-time highs. - NEWS as on 2023-09-21 indiatimes.com

Company Announcement Polycab India Limited has informed the Exchange about Schedule of meet - NEWS as on 2023-09-12

Company Announcement Polycab India Limited has informed the Exchange regarding 'Issuance of Comfort Letter'. - NEWS as on 2023-08-23

Company Announcement Polycab India Limited has informed the Exchange regarding 'Intimation under Regulations 30 and 30A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015'. - NEWS as on 2023-08-16

More announcements and NEWS

POLYCAB Polycab India Limited current price & indicator signals

Moving Averages for Polycab India Limited

  • 5Day Average: 5188.3
  • 12Day Average: 5160.14
  • 20Day Average: 5146.6
  • 50Day Average: 4829.14
  • 100Day Average: 4150.38
  • 150Day Average: 3770.23
  • 200Day Average: 3518.11

POLYCAB Indicators & signals

Indicator MACD (12,26,9)

5153.46, 5045.5, 133.86
Indicator MACD is in positive zone

Indicator ADX (14)

13.42, 27.91, 21.3
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 58
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
22 Fri Sep 2023 5130.00 5085.00 to 5241.55 -1.76% 1.2 times
21 Thu Sep 2023 5221.85 5184.05 to 5358.55 -1.24% 1.43 times
20 Wed Sep 2023 5287.60 5118.25 to 5300.00 2.97% 1.61 times
18 Mon Sep 2023 5135.25 5122.60 to 5198.15 -0.61% 0.34 times
15 Fri Sep 2023 5166.80 5116.35 to 5197.45 -0.02% 0.64 times
14 Thu Sep 2023 5167.95 5045.25 to 5178.35 2.47% 0.93 times
13 Wed Sep 2023 5043.40 4849.45 to 5053.45 2.04% 1.46 times
12 Tue Sep 2023 4942.40 4933.25 to 5200.00 -3.99% 1.26 times
11 Mon Sep 2023 5147.95 5127.20 to 5221.70 -0.99% 0.72 times
08 Fri Sep 2023 5199.30 5165.00 to 5209.45 0.27% 0.68 times
07 Thu Sep 2023 5185.40 5172.20 to 5315.00 -2.05% 0.94 times
06 Wed Sep 2023 5293.75 5244.50 to 5333.00 -0.19% 0.68 times

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