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(WELCORP) Welspun Corp complete technical analysis [charts+indicators] | Buy/Sell Welspun Corp | (WELCORP) share price targets

Complete technical analysis of Welspun Corp (WELCORP) by charts plus indicators, forecast predictions and share price targets for Welspun Corp (WELCORP)

Welspun Corp trades in NSE in Construction & Engineering sector.

Showing technical analysis as on 2024-03-15 View latest technical analysis

10 day averaged volume of Welspun Corp is 567931

Date	Daily Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	511.65	510.75	514.00	487.40	1.017 times
14 Thu Mar 2024	510.20	480.10	513.05	469.90	1.09 times
13 Wed Mar 2024	494.80	528.45	530.20	491.25	1.793 times
12 Tue Mar 2024	524.90	542.00	548.85	515.70	0.927 times
11 Mon Mar 2024	542.80	547.85	547.85	528.15	0.599 times
07 Thu Mar 2024	547.85	542.65	551.00	537.05	0.607 times
06 Wed Mar 2024	537.95	537.30	554.00	527.20	0.914 times
05 Tue Mar 2024	549.65	540.10	553.70	540.10	0.574 times
04 Mon Mar 2024	545.50	543.00	551.00	534.45	1.409 times
02 Sat Mar 2024	540.60	534.80	543.50	534.80	0.172 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 518.1, but if it comes above 518.1, then a intra day buy could be more profitable.
If you take a sell trade below 518.1, then use 518.1 as stoploss and 495.7 as target. However if you take a buy trade in stock , then use 518.1 as stoploss and 536.69 as target.

Share price targets for Welspun Corp (WELCORP)

Target Type	Value
Downside Target	423.60
Downside Target	469.90
Downside Target	498.05
Upside Target	524.10
Upside Target	548.85
Upside Target	562.95
Upside Target	568.00
Upside Target	569.40
Upside Target	572.70
Upside Target	575.00
Upside Target	613.00
Upside Target	623.90

Intraday share price targets for Welspun Corp (WELCORP)

Target Type	Value
Downside Intraday Target	471.42
Downside Intraday Target	431.18
Upside Intraday Target	550.37
Upside Intraday Target	589.08
Downside Intraday Target	510.13

Weekly technical analysis of Welspun Corp (WELCORP)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	511.65	547.85	548.85	469.90	1.549 times
07 Thu Mar 2024	547.85	543.00	554.00	527.20	0.453 times
02 Sat Mar 2024	540.60	562.05	572.70	507.05	1.236 times
23 Fri Feb 2024	565.85	548.40	568.00	512.50	1.228 times
16 Fri Feb 2024	544.60	560.10	575.00	525.10	0.427 times

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

Monthly technical analysis of Welspun Corp (WELCORP)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	511.65	521.50	554.00	469.90	0.358 times
29 Thu Feb 2024	510.25	590.00	623.90	507.05	0.741 times
31 Wed Jan 2024	587.40	548.00	613.00	524.10	1.327 times
29 Fri Dec 2023	548.15	530.80	569.40	498.05	0.393 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 Welspun Corp (WELCORP)

Price action analysis of Welspun Corp ( (WELCORP) ) 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 Welspun Corp ( (WELCORP) ) 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 Welspun Corp ( (WELCORP) ) 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 Welspun Corp stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Welspun Corp in short term and the sell signal is strong.

Welspun Corp 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Welspun Corp in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 Welspun Corp is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 524.79 and Welspun Corp (WELCORP) 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 Welspun Corp (WELCORP) stock. Volume based technical analysis of Welspun Corp (WELCORP) stock is negative.

Welspun Corp Stock has given negative 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.