Polycab India Ltd.
Long

POLYCAB 1 Day View

70
📈 Key Price & Context

Latest intraday trading range (recent session): ~ ₹ 7,416.00 – ₹ 7,568.50.

52‑week range: Low ≈ ₹ 4,555 • High ≈ ₹ 7,903.

⚠️ What the Mixed Signals Suggest (Today / Intraday)

If price dips toward ₹ 7,412 – 7,440 — that could be a reasonable intraday support zone. A bounce from that area may lead to a move toward the resistance zone.

On a rally — resistance around ₹ 7,510 – 7,578 is likely to cap upside unless there is strong volume or trigger news.

Given mixed technical readings (some bullish MAs vs weak oscillators), expect sideways to modestly bullish bias — with potential for intra‑day swings rather than a strong trend.

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