Is Polycab India technically bullish or bearish?

Jul 15 2025 08:14 AM IST
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As of 14 July 2025, Polycab India shows a mildly bullish trend due to weekly indicators, despite mixed signals from monthly metrics and a bearish weekly RSI, suggesting a cautious bullish stance overall.
As of 14 July 2025, the technical trend for Polycab India has changed from sideways to mildly bullish. The current stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands indicating bullish momentum. However, the monthly MACD and moving averages present a mildly bearish outlook, which tempers the overall bullish sentiment. The weekly RSI is bearish, suggesting some short-term weakness, while the Dow Theory supports a mildly bullish view across both weekly and monthly time frames. Overall, the mixed signals indicate a cautious bullish stance with moderate strength.
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