An investor-focused analysis of major shifts in the financial services landscape as...
Technicals for Polycab India Limited
By MusingTheNews
2025-12-15 20:52
Overall Technical outlook
Price Summary
Polycab India Limited's stock opened at 7219.0 on 2025-12-10, surged to 7268.5, dropped to 7110.0, and ended -1.11% down at 7139.0, with 126476 shares traded. Over the past 52 weeks, the stock reached a maximum price of 7845.0 and a minimum price of 4679.55. 30 analysts suggest that POLYCAB's future price will lie between 5970.0 and 9200.0, with an average expected price of roughly 8210.066.
Technicals
Support and Resistance: At 7139.0, the price is supported at 6931.0 and faces resistance at 7286.0. This range suggests that the price for POLYCAB might stay between these levels, with 6931.0 acting as a floor and 7286.0 as a ceiling. Support/Resistance for POLYCAB
Aroon: The AROON is currently in a neutral position for Polycab India Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Aroon chart for Polycab India Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Bolinger Bands chart for Polycab India Limited
Parabolic SAR: The PSAR maintains its bearish stance, setting a strong resistance level that could limit any potential upward movement. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for Polycab India Limited. Parabolic Stop and Reverse chart for Polycab India Limited
Stochastic: The STOCHASTIC is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Stochastic chart for Polycab India Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position for Polycab India Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Tripple SMA chart for Polycab India Limited
When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments about the company's future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
An in-depth article analysing the Federal Reserve’s December 2025 rate cut and...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.