POLYCAB: The Macro Staircase and Explosive Blue Sky Breakout1. The Macro Perspective: The Deep Washout and Recovery
I am taking a LONG bias on Polycab India Ltd. (POLYCAB) on the weekly (1W) timeframe.
When analyzing pure market structure in a strong macro environment, patience reveals the absolute highest probability setups. Look at the massive structural
Polycab India Ltd.
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Next report date
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177.55 INR
26.72 B INR
288.06 B INR
70.36 M
About Polycab India Ltd.
Sector
Industry
Website
Headquarters
Mumbai
Founded
1996
IPO date
Apr 16, 2019
Identifiers
2
ISIN INE455K01017
Polycab India Ltd. engages in the manufacture and sale of electric wires and cables. It operates through the following segments: Wire and Cables, Fast Moving Electrical Goods, and International Business. The Wire and Cables segment includes the manufacture and sale of electric wires and cables. The FMEG segment relates to the electric consumer durable business comprises of business covering electric wiring accessories and electric appliances. The company was founded on January 10, 1996 and is headquartered in Mumbai, India.
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Bullish Exhaustion? Bearish Divergence Spotted at Major Res.Polycab (Daily Chart) is flashing significant warning signs near its highs. Here is the quick technical setup:
Supply Rejection: Price is stalling directly inside a heavy resistance zone (red box) near the 52-week high.
RSI Divergence: A clear bearish divergence has formed. Price pushed to
NSE – NIFTY 750 | Polycab India Ltd | 26 Mar 2026Structure
Structure: Sustained Impulsive Structure
Context: Maturity Phase
Position
Trend: Bullish
Location: Upper Range
Behaviour: Corrective
Structural Insight
Structure assessed from earliest reliable data
Strong impulsive advance with sustained trend continuation
Currently showing corrective b
Polycab may looks like it is in Monthly Break OutFrom monthly chart looks like it may have give an shake out before Break Out, which may give a good run and ripple entries for milking the oppturunity in daily or 1hourly Time frame.
PA Upper Bollinger band challenged in all daily Time Frame, which could be a good one of the singal of momentum and
Polycab India Ltd. Weekly Chart 📊 Weekly Support & Resistance (Latest Outlook)
Week: Feb 23–27, 2026
Resistance 1 (R1): ~₹8,022
Resistance 2 (R2): ~₹8,175
Resistance 3 (R3): ~₹8,418
Support 1 (S1): ~₹7,626
Support 2 (S2): ~₹7,383
Support 3 (S3): ~₹7,230
Trading range expected: ₹7,230 – ₹8,418 for the week.
📈 Weekly Technic
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
The current price of POLYCAB is 9,554.00 INR — it has increased by 1.01% in the past 24 hours. Watch Polycab India Ltd. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange Polycab India Ltd. stocks are traded under the ticker POLYCAB.
POLYCAB stock has fallen by −2.96% compared to the previous week, the month change is a 5.29% rise, over the last year Polycab India Ltd. has showed a 54.92% increase.
We've gathered analysts' opinions on Polycab India Ltd. future price: according to them, POLYCAB price has a max estimate of 10,500.00 INR and a min estimate of 6,490.00 INR. Watch POLYCAB chart and read a more detailed Polycab India Ltd. stock forecast: see what analysts think of Polycab India Ltd. and suggest that you do with its stocks.
POLYCAB reached its all-time high on Jun 5, 2026 with the price of 9,833.00 INR, and its all-time low was 525.15 INR and was reached on Aug 22, 2019. View more price dynamics on POLYCAB chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
POLYCAB stock is 2.17% volatile and has beta coefficient of 1.61. Track Polycab India Ltd. stock price on the chart and check out the list of the most volatile stocks — is Polycab India Ltd. there?
Today Polycab India Ltd. has the market capitalization of 1.41 T, it has increased by 4.49% over the last week.
Yes, you can track Polycab India Ltd. financials in yearly and quarterly reports right on TradingView.
Polycab India Ltd. is going to release the next earnings report on Jul 21, 2026. Keep track of upcoming events with our Earnings Calendar.
POLYCAB earnings for the last quarter are 51.40 INR per share, whereas the estimation was 48.99 INR resulting in a 4.92% surprise. The estimated earnings for the next quarter are 46.28 INR per share. See more details about Polycab India Ltd. earnings.
Polycab India Ltd. revenue for the last quarter amounts to 88.64 B INR, despite the estimated figure of 82.95 B INR. In the next quarter, revenue is expected to reach 78.44 B INR.
POLYCAB net income for the last quarter is 7.73 B INR, while the quarter before that showed 6.22 B INR of net income which accounts for 0.00% change. Track more Polycab India Ltd. financial stats to get the full picture.
Polycab India Ltd. dividend yield was 0.69% in 2025, and payout ratio reached 26.47%. The year before the numbers were 0.68% and 26.05% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Jun 12, 2026, the company has 4.5 K employees. See our rating of the largest employees — is Polycab India Ltd. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Polycab India Ltd. EBITDA is 40.69 B INR, and current EBITDA margin is 14.13%. See more stats in Polycab India Ltd. financial statements.
Like other stocks, POLYCAB shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Polycab India Ltd. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Polycab India Ltd. technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Polycab India Ltd. stock shows the buy signal. See more of Polycab India Ltd. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.









