POLYCAB

As of 9 June 2025, the technical trend for Polycab India has changed from mildly bearish to sideways. The current stance is neutral, with mixed signals across different time frames. The weekly MACD indicates a mildly bullish sentiment, while the monthly MACD is mildly bearish. Bollinger Bands are bullish on both weekly and monthly charts, suggesting potential upward movement. However, daily moving averages are mildly bearish, indicating short-term weakness. The KST shows a mildly bullish trend weekly but is bearish monthly, and Dow Theory supports a mildly bullish view on both time frames. Overall, the indicators present a neutral stance with a slight bullish bias in the short term, but caution is warranted due to mixed signals in longer time frames.