POLYCAB - Swing Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 Swing Trade Analysis: Polycab India Ltd. (POLYCAB)

Swing Trade Rating: 4.2

✅ Why POLYCAB Looks Promising for a Swing Trade

Strong Momentum Indicators

RSI at 62.6: Trending bullish, but not yet overbought — suggests continued strength.

MACD at +142: High and positive, indicating strong upward momentum.

Price Structure

Trading above both DMA 50 (₹6,471) and DMA 200 (₹6,153) — confirms an established uptrend.

Volume

Slightly above average weekly volume — steady interest from participants.

📈 Fundamental Backing

Exceptional Profitability

ROCE of 29.7% and ROE of 21.4% show robust operational efficiency.

EPS of ₹147 is impressive — earnings support price action.

Low Debt

Debt-to-equity of just 0.02 — minimal leverage risk.

Growth with Reasonable Valuation

PEG Ratio of 1.61 indicates the stock may still justify its price with strong growth.

While P/E of 47.3 is above industry average (30.3), it’s reasonable for a high-growth leader.

Institutional Confidence

FII & DII holdings have increased — shows continued institutional interest.

🎯 Optimal Entry Price

₹6,850–₹6,950

A mild pullback toward 50 DMA offers better risk-reward.

Confirm entry if RSI stays below 65 and MACD remains strong.

🧭 Exit Strategy (If Already Holding)

Target Range: ₹7,400–₹7,600

Near the 52-week high — logical profit-booking zone.

Stop-Loss: ₹6,650

Just below the 50 DMA to protect from a potential reversal.

Polycab presents a textbook swing setup with solid fundamentals and technical momentum. If you’re ready to ride the current, this one’s got voltage. Want help charting it or setting alerts for trend shifts? I’m always ready to plug in ⚡📈

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