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(WALCHANNAG) Walchandnagar Industries complete technical analysis [charts+indicators] | Buy/Sell Walchandnagar Industries | (WALCHANNAG) share price targets

Complete technical analysis of Walchandnagar Industries (WALCHANNAG) by charts plus indicators, forecast predictions and share price targets for Walchandnagar Industries (WALCHANNAG)

Walchandnagar Industries trades in NSE in Construction & Engineering sector.

Showing technical analysis as on 2024-01-31 View latest technical analysis

10 day averaged volume of Walchandnagar Industries is 179584

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jan 2024	197.55	198.50	200.00	185.40	2.955 times
30 Tue Jan 2024	192.05	192.05	192.05	186.95	3.017 times
29 Mon Jan 2024	182.95	178.65	182.95	178.55	0.195 times
25 Thu Jan 2024	174.25	175.50	181.00	173.00	0.743 times
24 Wed Jan 2024	175.40	177.00	181.90	171.15	0.664 times
23 Tue Jan 2024	177.00	188.75	189.55	176.95	0.75 times
22 Mon Jan 2024	186.25	190.00	190.00	183.90	0.459 times
19 Fri Jan 2024	187.10	185.20	189.00	184.70	1.059 times
18 Thu Jan 2024	183.70	181.60	188.10	179.85	0.768 times
17 Wed Jan 2024	183.40	183.35	188.20	180.35	1.049 times

Stock of Walchandnagar Industries (WALCHANNAG) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 195.3, but if it comes below 195.3, then a intra day sell could be more profitable.
If you take a sell trade below 195.3, then use 195.3 as stoploss and 188.14 as target. However if you take a buy trade in stock , then use 195.3 as stoploss and 203.8 as target.

Share price targets for Walchandnagar Industries (WALCHANNAG)

Target Type	Value
Downside Target	53.55
Downside Target	63.15
Downside Target	72.20
Downside Target	80.65
Downside Target	98.00
Downside Target	171.15
Downside Target	178.55
Downside Target	196.50
Upside Target	199.90
Upside Target	200.00
Upside Target	206.00
Upside Target	206.75

Intraday share price targets for Walchandnagar Industries (WALCHANNAG)

Target Type	Value
Downside Intraday Target	184.07
Downside Intraday Target	170.58
Upside Intraday Target	205.52
Upside Intraday Target	213.48
Downside Intraday Target	192.03

Weekly technical analysis of Walchandnagar Industries (WALCHANNAG)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jan 2024	197.55	178.65	200.00	178.55	2.357 times
25 Thu Jan 2024	174.25	190.00	190.00	171.15	0.506 times
19 Fri Jan 2024	187.10	194.60	196.50	179.85	0.686 times
12 Fri Jan 2024	192.45	195.50	206.00	188.00	1.124 times
05 Fri Jan 2024	189.50	188.00	199.90	185.00	1.009 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Walchandnagar Industries (WALCHANNAG)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Wed Jan 2024	197.55	188.00	206.00	171.15	4.243 times
29 Fri Dec 2023	188.55	196.95	206.75	181.50	0.109 times
07 Wed Jun 2023	90.50	73.00	98.00	72.75	0.85 times
31 Wed May 2023	72.25	67.80	80.65	63.15	2.269 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Walchandnagar Industries (WALCHANNAG)

Price action analysis of Walchandnagar Industries ( (WALCHANNAG) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Walchandnagar Industries ( (WALCHANNAG) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Walchandnagar Industries ( (WALCHANNAG) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Walchandnagar Industries ( (WALCHANNAG) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Walchandnagar Industries stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Walchandnagar Industries in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Walchandnagar Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Walchandnagar Industries in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Walchandnagar Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 188.23 and Walchandnagar Industries (WALCHANNAG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Walchandnagar Industries (WALCHANNAG) stock. Volume based technical analysis of Walchandnagar Industries (WALCHANNAG) stock is negative.

Walchandnagar Industries Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.