Analysis of the St. Louis Fed’s view that economic education strengthens monetary...
Technicals for Polycab India Limited
By MusingTheNews
2025-10-17 20:51
Overall Technical outlook
Price Summary
The stock of Polycab India Limited experienced a -2.02% dip, showcasing a unimpressive market performance. 2025-10-17, saw POLYCAB's stock open at 7593.0, hit a peak of 7619.5, fall to a low of 7239.5, and close down -2.02% at 7439.5, with 1113391 shares changing hands. During the 52-week span, the stock hit a high of 7730.0 and a low of 4679.55. The projected price range for Polycab India Limited is between 5215.0 and 9011.0, with an expected mean price of 7563.2256, according to 31 analysts.
Technicals
Support and Resistance: The price for POLYCAB is 7439.5, with support at 7286.0 and resistance at 7657.0. This suggests a range where 7286.0 acts as a base, preventing declines, and 7657.0 caps gains, defining key trading levels. Support/Resistance for POLYCAB
Aroon: The current state of the AROON is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Aroon chart for Polycab India Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Bolinger Bands chart for Polycab India Limited
Parabolic SAR: The PSAR has recently reversed from bullish to bearish, hinting at a possible market downturn. If this shift is supported by other trends, it could represent a significant bearish signal for POLYCAB. Investors should be cautious and seek further confirmation before making decisions. Parabolic Stop and Reverse chart for Polycab India Limited
Stochastic: The current reading of the STOCHASTIC 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. 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 beginning to waver. This weakening in downward momentum could signal a potential shift towards bullish price action. Investors might interpret this as an early indication that the market is preparing for a reversal, with the possibility of a bullish trend emerging soon. Tripple SMA chart for Polycab India Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
An analysis of South Asia's economic trajectory focusing on the potential of...
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.