Is Polycab India technically bullish or bearish?

Aug 27 2025 08:13 AM IST
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As of 26 August 2025, Polycab India shows a bullish trend supported by positive MACD and moving averages, despite a bearish weekly RSI suggesting some caution.
As of 26 August 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators supporting this include a bullish MACD on the weekly timeframe, bullish moving averages on the daily timeframe, and mildly bullish Bollinger Bands on both weekly and monthly timeframes. However, the weekly RSI is bearish, which suggests some caution. Overall, the combination of bullish signals from MACD and moving averages outweighs the bearish RSI, indicating a positive outlook for Polycab India.
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