Is Polycab India technically bullish or bearish?

Nov 04 2025 08:51 AM IST
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As of November 3, 2025, Polycab India shows a mildly bullish trend supported by bullish MACD and moving averages, but mixed signals from the KST and lack of strong momentum suggest caution.
As of 3 November 2025, the technical trend for Polycab India has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by a bullish MACD on both weekly and monthly time frames, alongside bullish moving averages on the daily chart. However, the KST indicates a mildly bearish signal on the weekly and monthly, which tempers the overall bullish sentiment. Bollinger Bands also reflect a mildly bullish outlook on both weekly and monthly time frames. The absence of clear trends in Dow Theory and OBV suggests a lack of strong momentum. Overall, while the indicators lean towards a mildly bullish stance, caution is advised due to mixed signals in the KST.
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