Overall Technical outlook

Price Summary

On 2026-02-03, POLYCAB's stock started at 7400.0, reached a high of 7699.5, fell to 7360.0, and ended 1.42% up at 7505.0, with 916394 shares traded.
Over the previous 52 weeks, the stock reached a high of 7897.0 and a low of 4679.55.
31 analysts suggest that POLYCAB's future price will lie between 6400.0 and 9744.0, with an average expected price of roughly 8575.258.

Technicals

Support and Resistance: The price for POLYCAB at 7505.0 finds support at 7493.5 and resistance at 7657.0. This suggests a trading range, where 7493.5 serves as a support level and 7657.0 acts as a resistance point, potentially capping further gains.
POLYCAB supportResistance 3d1618
Support/Resistance for POLYCAB


Aroon: A strong bullish trend is indicated by the AROON, with the Aroon Up moving higher and the Aroon Oscillator reversing. This combination suggests a shift towards an upward trend for POLYCAB, indicating that the market may be gaining momentum. Investors could see this as a signal of potential opportunities, as the market trend appears to be turning in favor of buyers.
POLYCAB aroon 3d1618
Aroon chart for Polycab India Limited


Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation.
POLYCAB bbands 3d1618
Bolinger Bands chart for Polycab India Limited


Parabolic SAR: The PSAR remains bullish, setting a critical support level that may help sustain the market's upward trend. This persistent bullish outlook suggests that the market is likely to continue climbing, with the support level offering a foundation for further growth.
POLYCAB psar 3d1618
Parabolic Stop and Reverse chart for Polycab India Limited


Stochastic: The STOCHASTIC is showing a neutral stance, not indicating a clear upward or downward trend for Polycab India Limited. This suggests a period of market balance, where neither side is showing dominance.
POLYCAB stoch 3d1618
Stochastic chart for Polycab India Limited


Tripple Moving Agerage: A bullish trend is indicated by the alignment of the 20-50-100 period moving averages, though the slopes of the faster averages hint at a potential reversal. The weakening momentum in the shorter-term averages suggests that the current trend may not hold, signaling the possibility of an upcoming change in direction for POLYCAB.
POLYCAB trippleSMA 3d1618
Tripple SMA chart for Polycab India Limited


Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.