Is POLYCAB INDIA in uptrend or downtrend?

In the short term price movements in POLYCAB share indicates the market is Sideways. However, the bulls are trying to absorb supply to take control.

What is POLYCAB INDIA share price forecast for tomorrow?

In Polycab India Limited stock current resistance level is at 7627 and support level is at 7074. Though market is closer to support level there are good chances till these ranges are broken, market would stay Sideways.

What are POLYCAB INDIA support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Polycab India Limited in the short-term, the supply zone around 7627 and 7630. Hence, good chances of resistance around 7630. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Polycab India Limited share is around 7074 and 7070. Hence, good chances for support around 7070.

Why is POLYCAB INDIA share price falling today?

Perhaps POLYCAB stock is just having volatility. It can be viewed as an opportunity, unless overall long term trend and mid term trend is Bearish.

POLYCAB INDIA Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data