(BIRLACABLE) Birla Cable complete technical analysis [charts+indicators] | Buy/Sell Birla Cable | (BIRLACABLE) share price targets
Complete technical analysis of Birla Cable (BIRLACABLE) by charts plus indicators, forecast predictions and share price targets for Birla Cable (BIRLACABLE)
10 day averaged volume of Birla Cable is 96633
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 239.10 | 240.00 | 243.85 | 234.35 | 0.871 times |
| 16 Thu May 2024 | 239.15 | 240.80 | 246.50 | 236.85 | 0.635 times |
| 15 Wed May 2024 | 239.75 | 241.95 | 247.40 | 238.10 | 0.967 times |
| 14 Tue May 2024 | 240.55 | 241.00 | 247.65 | 238.10 | 1.2 times |
| 13 Mon May 2024 | 237.80 | 246.90 | 248.00 | 233.70 | 2.25 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 245.3, but if it comes above 245.3, then a intra day buy could be more profitable.
If you take a sell trade below 245.3, then use 245.3 as stoploss and 227.7 as target. However if you take a buy trade in stock , then use 245.3 as stoploss and 259.93 as target.
Share price targets for Birla Cable (BIRLACABLE)
| Target Type | Value |
| Downside Target | 215.05 |
| Downside Target | 229.05 |
| Downside Target | 233.70 |
| Upside Target | 241.05 |
| Upside Target | 258.10 |
| Upside Target | 275.25 |
| Upside Target | 281.65 |
| Upside Target | 288.85 |
| Upside Target | 291.00 |
| Upside Target | 300.05 |
| Upside Target | 340.00 |
Intraday share price targets for Birla Cable (BIRLACABLE)
| Target Type | Value |
| Downside Intraday Target | 232.53 |
| Downside Intraday Target | 225.97 |
| Upside Intraday Target | 246.83 |
| Upside Intraday Target | 254.57 |
| Upside Intraday Target | 240.27 |
Weekly technical analysis of Birla Cable (BIRLACABLE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 239.10 | 246.90 | 248.00 | 233.70 | 1.453 times |
| 10 Fri May 2024 | 253.90 | 274.40 | 274.40 | 245.00 | 1.242 times |
| 03 Fri May 2024 | 268.90 | 280.00 | 281.65 | 267.10 | 0.206 times |
| 26 Fri Apr 2024 | 274.40 | 262.00 | 291.00 | 258.10 | 3.02 times |
| 19 Fri Apr 2024 | 259.20 | 255.50 | 267.70 | 241.05 | 0.666 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Birla Cable (BIRLACABLE)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 239.10 | 272.85 | 275.25 | 233.70 | 0.274 times |
| 30 Tue Apr 2024 | 270.80 | 229.05 | 291.00 | 229.05 | 1.356 times |
| 28 Thu Mar 2024 | 225.35 | 288.45 | 300.05 | 215.05 | 0.308 times |
| 29 Thu Feb 2024 | 287.35 | 284.00 | 340.00 | 271.75 | 4.906 times |
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Birla Cable (BIRLACABLE)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 9, 24, 43 | Sell |
| MACD | -11, -7 | Sell |
| Stochastics | 14 | Sell |
| CCI | -80 | Sell |
| RSI | 59 | Buy |
| OBV | 316411 | Sell |
| VWAP | 246 | Sell |
| ADL | 0 | Sell |
| ROC | -11 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Birla Cable ( (BIRLACABLE) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Birla Cable ( (BIRLACABLE) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Birla Cable ( (BIRLACABLE) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Birla Cable ( (BIRLACABLE) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Birla Cable stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Birla Cable in short term and the sell signal is strong.
Birla Cable Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Birla Cable in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Birla Cable is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 245.68 and Birla Cable (BIRLACABLE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Birla Cable (BIRLACABLE) stock. Volume based technical analysis of Birla Cable (BIRLACABLE) stock is negative.
Birla Cable Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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