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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 2024-03-21 View latest technical analysis

10 day averaged volume of Welspun Corp is 479155

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	524.15	514.20	531.00	510.00	0.638 times
20 Wed Mar 2024	506.15	500.95	508.95	500.95	0.364 times
19 Tue Mar 2024	500.85	518.80	519.00	496.60	0.558 times
18 Mon Mar 2024	516.20	512.10	520.30	502.65	0.844 times
15 Fri Mar 2024	511.65	510.75	514.00	487.40	1.206 times
14 Thu Mar 2024	510.20	480.10	513.05	469.90	1.292 times
13 Wed Mar 2024	494.80	528.45	530.20	491.25	2.125 times
12 Tue Mar 2024	524.90	542.00	548.85	515.70	1.099 times
11 Mon Mar 2024	542.80	547.85	547.85	528.15	0.71 times
07 Thu Mar 2024	547.85	542.65	551.00	537.05	0.719 times

My analysis of stock is bearish for shortterm, and stock might move down till 509.9 or till 484.8. Use a stoploss of 530.84 and if the stock hits stoploss, then it can shoot up till 551.77

Share price targets for Welspun Corp (WELCORP)

Target Type	Value
Downside Target	423.60
Downside Target	469.90
Downside Target	496.60
Downside Target	524.10
Upside Target	548.85
Upside Target	554.00
Upside Target	562.95
Upside Target	568.00
Upside Target	569.40
Upside Target	572.70
Upside Target	613.00
Upside Target	623.90

Intraday share price targets for Welspun Corp (WELCORP)

Target Type	Value
Downside Intraday Target	503.5
Downside Intraday Target	482.85
Upside Intraday Target	537.9
Upside Intraday Target	551.65
Downside Intraday Target	517.25

Weekly technical analysis of Welspun Corp (WELCORP)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	524.15	512.10	531.00	496.60	0.374 times
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

Price has moved up 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 Welspun Corp (WELCORP)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	524.15	521.50	554.00	469.90	0.424 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Welspun Corp ( (WELCORP) ) 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 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.

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

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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Welspun Corp in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 514.66 and Welspun Corp (WELCORP) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.