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Technicals for Polycab India Limited
By MusingTheNews
2025-12-12 20:51
Overall Technical outlook
Price Summary
Polycab India Limited's stock, on 2025-12-10 opened at 7219.0, climbed to a high of 7268.5, dropped to a low of 7110.0, and closed up -1.11% at 7139.0, with 126476 shares traded. For the 52-week period, the stock's highest price is 7845.0, and the lowest price is 4679.55. The price projection is between 5970.0 and 9200.0, with an average expected price around 8210.066, according to 30 analysts.
Technicals
Support and Resistance: At 7139.0, the price is supported by 6931.0 and resisted by 7286.0. This indicates that the price for Polycab India Limited might fluctuate between these levels, with 6931.0 acting as a support and 7286.0 limiting further upward movement. Support/Resistance for POLYCAB
Aroon: The AROON is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Aroon chart for Polycab India Limited
Bol. Bands: The current state of the BOLL BANDS is neutral for POLYCAB, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Bolinger Bands chart for Polycab India Limited
Parabolic SAR: The PSAR remains bearish, reinforcing a resistance level that could restrict any upward movement. This resistance indicates that the market may remain under bearish control, with limited potential for gains. Parabolic Stop and Reverse chart for Polycab India Limited
Stochastic: The current state of the STOCHASTIC is neutral for POLYCAB, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Stochastic chart for Polycab India Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Tripple SMA chart for Polycab India Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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