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

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

Showing technical analysis as on 2024-03-19 View latest technical analysis

10 day averaged volume of Walchandnagar Industries is 141789

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	196.35	198.35	207.00	192.20	0.921 times
18 Mon Mar 2024	198.60	199.90	200.90	192.00	0.517 times
15 Fri Mar 2024	198.50	197.30	201.00	190.45	0.94 times
14 Thu Mar 2024	200.45	181.65	200.75	181.65	1.32 times
13 Wed Mar 2024	191.20	200.80	204.90	191.20	0.908 times
12 Tue Mar 2024	201.25	204.00	207.00	201.25	1.113 times
11 Mon Mar 2024	211.85	223.00	223.00	211.85	0.856 times
07 Thu Mar 2024	223.00	230.00	230.00	221.00	0.485 times
06 Wed Mar 2024	228.90	225.15	232.45	222.15	1.535 times
05 Tue Mar 2024	233.80	241.50	243.00	232.20	1.628 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 204.4, but if it comes above 204.4, then a intra day buy could be more profitable.
If you take a sell trade below 204.4, then use 204.4 as stoploss and 177.6 as target. However if you take a buy trade in stock , then use 204.4 as stoploss and 226.71 as target.

Share price targets for Walchandnagar Industries (WALCHANNAG_BE)

Target Type	Value
Downside Target	118.50
Downside Target	158.85
Downside Target	168.45
Downside Target	180.15
Downside Target	188.50
Upside Target	198.95
Upside Target	206.90
Upside Target	221.00
Upside Target	230.50
Upside Target	244.25
Upside Target	256.70
Upside Target	268.10

Intraday share price targets for Walchandnagar Industries (WALCHANNAG_BE)

Target Type	Value
Downside Intraday Target	189.9
Downside Intraday Target	183.45
Upside Intraday Target	204.9
Upside Intraday Target	213.45
Upside Intraday Target	198.45

Weekly technical analysis of Walchandnagar Industries (WALCHANNAG_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	196.35	199.90	207.00	192.00	0.28 times
15 Fri Mar 2024	198.50	223.00	223.00	181.65	1.182 times
07 Thu Mar 2024	223.00	256.70	256.70	221.00	0.498 times
02 Sat Mar 2024	253.05	250.00	268.10	230.50	0.682 times
23 Fri Feb 2024	243.20	197.00	244.25	195.00	3.29 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Walchandnagar Industries (WALCHANNAG_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	196.35	245.95	256.70	181.65	0.517 times
29 Thu Feb 2024	246.45	195.90	268.10	188.50	1.61 times
22 Fri Dec 2023	187.60	179.00	206.90	168.45	1.371 times
30 Thu Nov 2023	179.65	163.00	198.95	158.85	0.34 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Walchandnagar Industries (WALCHANNAG_BE)

Price action analysis of Walchandnagar Industries ( (WALCHANNAG_BE) ) 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_BE) ) based on a short 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_BE) ) 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_BE) ) based on a mid to longer 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.

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

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

Walchandnagar Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Walchandnagar Industries in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 210.68 and Walchandnagar Industries (WALCHANNAG_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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

Walchandnagar Industries Stock has given negative 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.