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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 2024-04-15 View latest technical analysis

10 day averaged volume of Walchandnagar Industries is 132767

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	210.30	204.10	216.60	202.90	0.981 times
12 Fri Apr 2024	213.55	223.00	226.40	211.20	1.318 times
10 Wed Apr 2024	220.40	227.00	229.80	219.05	0.842 times
09 Tue Apr 2024	229.55	227.85	235.00	219.70	2.192 times
08 Mon Apr 2024	223.85	226.50	229.50	218.00	0.652 times
05 Fri Apr 2024	226.85	227.95	229.35	220.15	0.747 times
04 Thu Apr 2024	223.95	219.95	225.95	216.05	0.639 times
03 Wed Apr 2024	219.40	226.40	226.40	215.10	0.741 times
02 Tue Apr 2024	222.40	219.85	223.00	215.25	1.247 times
01 Mon Apr 2024	212.40	209.90	212.40	207.50	0.293 times

My analysis of stock is bearish for shortterm, and stock might move down till 199.2 or till 185.6. Use a stoploss of 210.45 and if the stock hits stoploss, then it can shoot up till 221.74

Share price targets for Walchandnagar Industries (WALCHANNAG_BE)

Target Type	Value
Downside Target	158.85
Downside Target	168.45
Downside Target	181.65
Downside Target	188.50
Downside Target	197.15
Upside Target	216.00
Upside Target	216.60
Upside Target	229.35
Upside Target	235.00
Upside Target	256.70
Upside Target	268.10

Intraday share price targets for Walchandnagar Industries (WALCHANNAG_BE)

Target Type	Value
Downside Intraday Target	203.27
Downside Intraday Target	196.23
Upside Intraday Target	216.97
Upside Intraday Target	223.63
Downside Intraday Target	209.93

Weekly technical analysis of Walchandnagar Industries (WALCHANNAG_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	210.30	204.10	216.60	202.90	0.196 times
12 Fri Apr 2024	213.55	226.50	235.00	211.20	1.365 times
05 Fri Apr 2024	226.85	209.90	229.35	207.50	1.223 times
28 Thu Mar 2024	202.30	209.90	216.00	197.15	0.863 times
22 Fri Mar 2024	210.10	199.90	210.10	189.00	0.633 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
15 Mon Apr 2024	210.30	209.90	235.00	202.90	0.532 times
28 Thu Mar 2024	202.30	245.95	256.70	181.65	0.71 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

Scroll below to view daily charts

Price has moved up 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Walchandnagar Industries ( (WALCHANNAG_BE) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Walchandnagar Industries ( (WALCHANNAG_BE) ) 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 SELL. Signal strength is Weak and stock is gaining momentum.

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

Walchandnagar Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 SELL signal for Walchandnagar Industries in short term and SELL signal is strong!

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 221.42 and Walchandnagar Industries (WALCHANNAG_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been negative.

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