Overall Technical outlook

Price Summary

Polycab India Limited's stock opened at 8400.0 on 2026-03-02, surged to 8696.5, dropped to 8400.0, and ended 1.77% up at 8548.5, with 653612 shares traded.
In the 52-week period, the stock's peak price is 8610.5, and the lowest price recorded is 4870.85.
POLYCAB's future price is expected to lie between 6400.0 and 9744.0, with an average expectation of 8575.258, as per the recommendations of 31 analysts.

Technicals


Aroon: The AROON is showing a neutral stance, with no definitive indication of an upward or downward trend for POLYCAB. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move.
POLYCAB aroon 8a9956
Aroon chart for Polycab India Limited


Bol. Bands: The current reading of the BOLL BANDS is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place.
POLYCAB bbands 8a9956
Bolinger Bands chart for Polycab India Limited


Parabolic SAR: The PSAR remains bullish, establishing a key support level that could help uphold the market's upward trajectory. This persistent bullish outlook suggests that the market may continue to rise, with the support providing a foundation for further gains.
POLYCAB psar 8a9956
Parabolic Stop and Reverse chart for Polycab India Limited


Stochastic: The stochastic indicator shows the K-line below the D-line but still above 80, suggesting the possible onset of a bearish price move. This setup hints that the market's recent gains could be reversing, potentially leading to a decline. Traders should monitor this development for further signs of weakness.
POLYCAB stoch 8a9956
Stochastic chart for Polycab India Limited


Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the slopes of the 20 and 50 SMAs are starting to waver. This weakening of the bearish momentum could indicate that the market is approaching a turning point, with the possibility of a bullish reversal on the horizon. Investors should be alert for signs of a trend change as the current downtrend may be losing steam.
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Tripple SMA chart for Polycab India Limited


When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to more informed investment decisions.