Is POLYCAB INDIA in uptrend or downtrend?

In the short term price movements in POLYCAB share indicates the market is in Bullish trend with high volatility.

What is POLYCAB INDIA share price forecast for tomorrow?

In Polycab India Limited stock current resistance level is at 8956 and support level is at 8484. Though market is closer to resistance level there are good chances till these ranges are broken, market would stay Bullish.

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 8956 and 8960. Hence, good chances of resistance around 8960. 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 8484 and 8480. Hence, good chances for support around 8480.

Why is POLYCAB INDIA share price falling today?

Latest analysis on POLYCAB stock suggest, as per it's price structure, it is making lower highs and lower lows on intraday charts. This represents a bearish trend. That's why POLYCAB stock is having a fall today. Perhaps it's worth looking at the long-term and mid-term trend analysis of POLYCAB stock to understand the overall trend.

POLYCAB INDIA Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data