Search+Investment IdeasPolycab India stock reached a new peak in May. Chart patterns indicate the upward trend may continue. Experts suggest buying for a target of Rs 9,600 in the coming weeks. SynopsisPolycab India hit a fresh record high in May, breaking out of a two-month consolidation phase. Experts suggest short-term traders can buy the stock for a target of Rs 9,600 in the next 1-2 weeks, with a stop loss below Rs 9,000. The stock is trading above key moving averages, indicating a bullish trend.Polycab India Ltd, part of the capital goods sector, hit a fresh record high in May and chart patterns suggest the rally may not be over yet.Short-term traders can look to buy the stock for a target of Rs 9,600 in the next 1-2 weeks, suggest experts.The stock broke out of a two-month consolidation phase on the daily charts earlier in May and has since been gradually trending higher, interspersed with brief periods of consolidation.It has risen BYETMarkets.com 3 mins readMay 22, 2026, 05:00:00 AM ISTGift this Story to your friendsFONT SIZEAbcSmallAbcMediumAbcLargeSAVEPRINTCOMMENTContinue reading with one of these options:Limited AccessFreeLogin to get access to some exclusive stories & personalised newslettersLogin NowUnlimited AccessStarting @ Rs120/monthGet access to exclusive stories, expert opinions & in-depth stock reportsSubscribe NowETUh-oh! This is an exclusive story available for selected readers only.Worry not. You’re just a step away.What’s Included withETPrime Membership