Analyzing Stock...
Downloading quotes and generating insights. Please wait.
₹8290.0
-115.0 (-1.37%)
⚠️ NOT A TRADE RECOMMENDATION: These stock metrics and intraday signals are algorithmically generated based on quantitative characteristics that may be relevant to trading. Inclusion or analysis does not mean BUY, SELL or HOLD. This drilldown is a starting point for independent research, not a prediction of future price movement. Markets involve substantial risk, and you may lose some or all of your trading capital.

📊 Technical Price Chart

✨ Multi-Timeframe Trading Setup & Insights

Engine: Gemini (gemini-flash-lite-latest)

Market Analysis Summary:

"Polycab is facing significant near-term headwinds following the NSE's announcement to remove the stock from the F&O segment effective December 30, leading to heavy institutional liquidation (RVOL at 1.88x) and underperformance relative to a strong Nifty. While intraday trading showed recovery from day lows near the lower Bollinger Band, the medium-term technical and fundamental setup leans bearish due to forced unwinding and negative sentiment."

Intraday (1 Day) BUY
Conviction: 6/10
Rationale: Using intraday checkpoints: Revalidated using checkpoints up to 15:31. The stock showed strong recovery from morning lows near ₹7955 (coinciding with the lower Bollinger Band) and climbed back above VWAP to close at ₹8290 with increasing volume (RVOL 1.88x), providing a tactical intraday long opportunity for a mean reversion bounce.
Entry: ₹8250 - ₹8290
SL: ₹8150
Target: ₹8450
Swing (1-6 Mo) SELL
Conviction: 7/10
Rationale: The mandatory removal of the stock from the F&O segment starting late December introduces persistent institutional selling pressure and structural unwinding. With the stock trading below major moving averages like the 50D and 89D EMAs and a bearish Supertrend at ₹8529, rallies should be used to initiate short positions or exit long exposures.
Entry: ₹8350 - ₹8500
SL: ₹8700
Target: ₹7800
Long Term (1+ Yr) HOLD
Conviction: 6/10
Rationale: Despite the near-term structural shock from F&O exclusion, Polycab remains a market leader in the electricals and cables sector with robust long-term fundamental demand drivers. Long-term investors should wait for the forced selling wave to fully exhaust and stabilize before building fresh positions.
Entry: Accumulate on deep corrections below ₹7500
SL: ₹6500
Target: ₹9800

Technical Analysis & Overview:

  • Price recovered from an intraday low of ₹7955.0 to close at ₹8290.0, holding above VWAP (₹8199.4) and the 20-day SMA (₹8236.62). However, it remains below the Supertrend threshold (₹8529.91) and multiple key EMAs (200D EMA at ₹8498.11, 50D EMA at ₹8558.54), confirming a persistent medium-term downtrend. The ADX at 26.02 with -DI (30.6) dominating +DI (18.18) underscores ongoing bearish momentum.
  • RSI at 47.9 reflects a neutral-to-weak stance, while the MACD histogram shows mild positive divergence (46.67) despite a negative MACD line (-106.38), indicating a potential short-term relief bounce within a broader corrective phase.

News & Sentiment Impact:

The news regarding Polycab's upcoming exclusion from the Futures & Options (F&O) segment starting December 30 has triggered sharp selling pressure (down ~5%). F&O exclusion typically leads to a structural reduction in liquidity, unwinding of derivative positions, and institutional re-allocation, posing a strong near-to-medium-term drag on the stock price despite underlying business fundamentals.

⚡ Intraday Live Validation ACTIVE_BUY

Entry Decision
⛔ AVOID
Position Health
🛡️ HEALTHY (Hold)
Session VWAP ₹8199.4
Peak Drawdown from High -0.41%
Intraday 5m EMA9 / EMA20 ₹8282.82 / ₹8273.61
Audit Reason: UPTREND_HOLDING_VWAP (Above VWAP Rs.8199.40 & EMA9 Rs.8282.82)

⏱️ Intraday Checkpoints Timeline

09:32 -3.50% (0.71x) ⛔ AVOID 🚨 EXIT
10:02 -1.99% (1.21x) ⚪ WAIT 🛡️ HOLD
10:32 -2.36% (1.25x) ⛔ AVOID ⚠️ RISK
11:02 -2.32% (1.31x) 🟢 BUY ⚠️ RISK
11:32 -2.66% (1.40x) ⛔ AVOID ⚠️ RISK
12:02 -2.72% (1.47x) ⛔ AVOID ⚠️ RISK
12:32 -2.46% (1.50x) 🟢 BUY ⚠️ RISK
13:02 -2.20% (1.53x) 🟢 BUY MONITOR
13:34 -2.36% (1.60x) ⛔ AVOID ⚠️ RISK
14:02 -1.14% (1.69x) ⚪ WAIT 🛡️ HOLD
14:32 -1.65% (1.76x) ⛔ AVOID ⚠️ RISK
15:02 -1.39% (1.84x) ⛔ AVOID 🛡️ HOLD
15:31 -1.37% (1.99x) ⛔ AVOID 🛡️ HOLD

📊 Price Action Metrics

Open Price ₹8250.0
Day's High ₹8324.0
Day's Low ₹7955.0
VWAP ₹8199.4
Distance from Day's High 0.41%
Distance from Day's Low 4.21%
52-Week High ₹10126.0
52-Week Low ₹6663.0

📈 Volume & Participation

Current Volume 802263
20-Day Avg Volume 426414.0
Relative Volume (RVOL) 1.88x
Nifty 50 Change 1.6%
Relative Strength vs. Nifty -2.97%

🎯 Comprehensive Technical Indicators Matrix Multi-Period SMAs, EMAs, Oscillators, Bands & Real-Time Verdicts

Indicator & Parameters Calculated Value(s) & Multi-Period Signals Verdict & Bias
RSI (14) 47.9 Neutral (45–55)
Average True Range (ATR 14) ₹204.61 (2.47% of Price) Neutral / Normal
Stochastics (14, 3) %K: 69.45 %D: 74.22 Bearish (%K < %D)
StochRSI (14) %K: 58.94 %D: 66.23 Bearish (%K < %D)
ADX (14) & DMI ADX: 26.02 +DI: 18.18 -DI: 30.6 Strong Bearish Trend (-DI)
Ultimate Oscillator (UO) 57.8 Bullish
Rate of Change (ROC 12) & Momentum ROC: -0.91% Momentum (10D): ₹99.0 Bearish (-ROC)
Williams %R (14) -30.55 Bullish
MACD (12, 26, 9) MACD: -106.38 Signal: -153.05 Histogram: 46.67 Bullish (Line > Signal)
Supertrend (10, 3) ₹8529.91 (Bearish) Bearish Trend
Bollinger Bands (20, 2) Upper: ₹8512.28 Mid: ₹8236.62 Lower: ₹7960.97 Bullish (Above Mid)
Parabolic SAR ₹7925.89 Bullish (Price > SAR)
Commodity Channel Index (CCI 20) -30.85 Neutral
Simple Moving Averages (SMAs) 20D: ₹8236.62 34D: ₹8438.15 50D: ₹8677.2 89D: ₹8999.77 200D: ₹8417.32 Neutral / Mixed Stack
Exponential Moving Averages (EMAs) 9D: ₹8249.48 20D: ₹8301.41 34D: ₹8434.06 50D: ₹8558.54 89D: ₹8668.23 200D: ₹8498.11 Neutral / Mixed Stack
TRIX (15) -0.2732% Bearish (<0)

📰 Latest Google News & Corporate Updates

Polycab shares fall up to 5% as NSE to exclude company from F&O segment - Moneycontrol.com
Publisher: Moneycontrol.com | Published: Tue, 13 Oct 2026 05:57:32
Polycab Shares Fall 5% As NSE Moves To Remove Stock From F&O Segment - TradingView
Publisher: TradingView | Published: Tue, 13 Oct 2026 09:01:00

📚 Technical Indicator & Strategy Definitions

SMAs (Simple Moving Averages): Arithmetic mean of closing prices over multiple trading periods (20D, 34D, 50D, 89D, 200D). Price trading above the 200-day SMA indicates a long-term secular bull trend, while 20D/50D track short-to-medium term institutional support levels.
EMAs (Exponential Moving Averages): Weighted moving averages placing greater priority on recent price bars (9D, 20D, 34D, 50D, 89D, 200D). A progressive stack (EMA 9 > 20 > 50) confirms robust upward momentum and provides dynamic support during pullbacks.
ADX (Average Directional Index - 14) & DMI: Measures trend strength regardless of direction. An ADX value ≥ 25 confirms a strong trending market. Directional Movement (+DI / -DI) indicates which side is in control: +DI > -DI is bullish (buyers dominant), whereas -DI > +DI indicates bearish seller control.
VWAP (Volume Weighted Average Price): The average price weighted by intraday volume. Used as a benchmark by institutional participants; price trading above VWAP indicates intraday buyer control, while trading below VWAP indicates intraday seller pressure.
RSI (Relative Strength Index - 14) & StochRSI: Momentum oscillator measuring speed and magnitude of price movements (0–100). RSI > 70 is overbought; RSI < 30 is oversold; 50–60 signals bullish continuation. StochRSI applies stochastics to RSI to generate early inflection signals for trend shifts.
MACD (Moving Average Convergence Divergence): Trend-following momentum indicator displaying the spread between the 12 and 26-period EMAs against a 9-period signal line. MACD crossing above Signal is bullish; rising histogram bars signal accelerating upward momentum.
RVOL (Relative Volume Ratio): Compares current session volume against the 20-day historical average. RVOL ≥ 2.0x signals abnormal institutional participation, confirming the validity of breakouts and trend expansions.
Bollinger Bands (20, 2): Statistical volatility bands set ±2 standard deviations around a 20-period SMA. Contracting bandwidth ('squeeze') signals an impending explosive breakout, while price walking the upper band confirms aggressive trend expansion.
ATR (Average True Range - 14): Quantifies absolute market volatility in rupee terms over a 14-period lookback. Essential for setting volatility-adjusted trailing stop-losses, target sizing, and detecting range expansions.
Supertrend (10, 3): Volatility-based trend-following indicator calculated with ATR. Provides clear Bullish (green trailing line below price) or Bearish (red line above price) regimes to manage active trade trailing stops.
Stochastic Oscillator (%K, %D): Locates current closing price relative to the 14-period high-low range. Fast line (%K) crossing above smooth line (%D) in oversold territory (<20) confirms a buy reversal signal; crosses above 80 warn of overbought conditions.
CCI (Commodity Channel Index - 20): Measures price variation relative to its statistical average. CCI crossing above +100 signals strong uptrend breakout; crossing below -100 indicates deep downward momentum; zero-line cross marks cycle shifts.
Parabolic SAR (Stop and Reverse): Trailing stop overlay that follows price acceleration. When dots plot below price, the trend is bullish; a flip above price triggers trailing stop protection.
Williams %R (14) & TRIX (15): Williams %R reflects momentum relative to lookback highs (-20 to 0 overbought, -80 to -100 oversold). TRIX is a triple-smoothed EMA rate-of-change oscillator filtering noise to capture major cyclical momentum waves.
Relative Strength (vs. Nifty): Measures the percentage outperformance or underperformance against the benchmark Nifty 50 Index. Positive values identify leading stocks commanding institutional capital flow.
Intraday Regime & Permission Gates: 4-gate hierarchical risk firewall evaluating intraday structure, volume effort vs result at day highs, ATR peak drawdown, and VWAP integrity to prevent buying into collapsing peaks.
Opportunity Score (0 – 100) & Risk Score (0 – 100): Dual independent quantitative ratings: Opportunity Score (≥75 top-tier setup) evaluates momentum, volume, pattern, sector tailwinds, and RS. Risk Score (<50 preferred) evaluates drawdown history, resistance proximity, and volatility.
Setup Archetypes: Algorithmic classification: Breakout Candidate (near 20D/52W high with expansion), Pullback Continuation (EMA20 retest in uptrend), Momentum Continuation (high RS5D + ATR expansion), and Reversal Candidate (extended mean-reversion).