POLYCAB Outlook for the Week (December 23, 2024 – December 27, 2024)
Polycab India closed the previous week on a negative note losing -4.66%.
Technically, Polycab India share price will see immediate support at 7,020.57 and immediate resistance would be seen at 7,465.47.
If Polycab India share price closes below immediate support of 7,020.57, then sharp breakdown can be seen. Polycab India share price will see major support at 6,862.88 for the week.
On the positive side, immediate resistance will be seen at 7,465.47. Closing above 7,465.47, Polycab India share price will see a sharp breakout. Major resistance for Polycab India share price will be seen at 7,752.68 for the week.
Trading range for Polycab India share price for this week should be between 6,575.67 on down side and 7,910.37 on up side.
Polycab India Previous Week Open: 7529.35
Polycab India Previous Week High: 7595
Polycab India Previous Week Low: 7150.1
Polycab India Previous Week Close: 7178.25
Polycab India Previous Week Range: 444.9 Points
Polycab India share price support and resistance for the week (December 23, 2024 - December 27, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 7,910.37 |
| Resistance 2 | 7,752.68 |
| Resistance 1 | 7,465.47 |
| Support 1 | 7,020.57 |
| Support 2 | 6,862.88 |
| Support 3 | 6,575.67 |
