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MARKET OUTLOOKPOLYCABSTOCK OUTLOOK

Polycab Outlook for the Week (January 22, 2024 – January 26, 2024)

Polycab
Polycab
Polycab closed the previous week on a negative note losing 12.62%.

Technically, Polycab share price will see immediate support at 4,082.13 and immediate resistance would be seen at 4,656.13.

If Polycab share price closes below immediate support of 4,082.13, then sharp breakdown can be seen. Polycab share price will see major support at 3,741.57 for the week.

On the positive side, immediate resistance will be seen at 4,656.13. Closing above 4,656.13, Polycab share price will see a sharp breakout. Major resistance for Polycab share price will be seen at 4,889.57 for the week.

Trading range for Polycab share price for this week should be between 3,508.13 on down side and 5,230.13 on up side.

Polycab Previous Week High: 4549

Polycab Previous Week Low: 3975

Polycab Previous Week Range: 574 Points

Polycab share price support and resistance for the week (January 22, 2024 – January 26, 2024)

Level Type Value
Resistance 3 5,230.13
Resistance 2 4,889.57
Resistance 1 4,656.13
Support 1 4,082.13
Support 2 3,741.57
Support 3 3,508.13
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