Overall Technical outlook

Price Summary

2025-08-14, saw POLYCAB's stock open at 6975.0, hit a peak of 6983.0, fall to a low of 6904.5, and close lower -0.07% at 6970.0, with 143258 shares changing hands.
The stock's highest price in the past 52 weeks is 7541.35, while its lowest price during the same period is 4679.55.
The price outlook for POLYCAB is between 5215.0 and 9011.0, with an average expectation of 7563.2256, as estimated by 31 analysts.

Technicals

Support and Resistance: At 6970.0, the price is held up by support at 6931.0 and faces resistance at 6931.0 for POLYCAB. This suggests a trading range where 6931.0 provides a base and 6931.0 limits upward movement.
POLYCAB supportResistance fd62f6
Support/Resistance for POLYCAB


Aroon: The current state of the AROON is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction.
POLYCAB aroon fd62f6
Aroon chart for Polycab India Limited


Bol. Bands: The BOLL BANDS 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.
POLYCAB bbands fd62f6
Bolinger Bands chart for Polycab India Limited


Parabolic SAR: The PSAR for POLYCAB maintains a bullish outlook, establishing a crucial support level that may help maintain the current upward momentum. This strong support suggests that the market is poised to continue its upward trend, providing confidence in the ongoing bullish sentiment.
POLYCAB psar fd62f6
Parabolic Stop and Reverse chart for Polycab India Limited


Stochastic: The stochastic indicator shows bullish conditions, with the K-line positioned above the D-line and exceeding the 80 level. This setup suggests strong upward momentum, indicating that the market may continue to rise. Investors might view this as a favorable sign for continued growth.
POLYCAB stoch fd62f6
Stochastic chart for Polycab India Limited


Tripple Moving Agerage: The Tripple MOVING AVG 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 trippleSMA fd62f6
Tripple SMA chart for Polycab India Limited


A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.