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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 2024-03-22 View latest technical analysis

10 day averaged volume of Welspun Corp is 457802

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	535.95	526.40	544.50	522.00	1.074 times
21 Thu Mar 2024	524.15	514.20	531.00	510.00	0.667 times
20 Wed Mar 2024	506.15	500.95	508.95	500.95	0.381 times
19 Tue Mar 2024	500.85	518.80	519.00	496.60	0.584 times
18 Mon Mar 2024	516.20	512.10	520.30	502.65	0.883 times
15 Fri Mar 2024	511.65	510.75	514.00	487.40	1.262 times
14 Thu Mar 2024	510.20	480.10	513.05	469.90	1.352 times
13 Wed Mar 2024	494.80	528.45	530.20	491.25	2.224 times
12 Tue Mar 2024	524.90	542.00	548.85	515.70	1.15 times
11 Mon Mar 2024	542.80	547.85	547.85	528.15	0.743 times

My analysis of stock is bullish for shortterm, and stock might move up till 548.7 or till 572. Use a stoploss of 529.35 and if this stock hits its stoploss, then it can fall down till 509.96

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	544.50
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	506.87
Downside Intraday Target	477.78
Upside Intraday Target	554.77
Upside Intraday Target	573.58
Downside Intraday Target	525.68

Weekly technical analysis of Welspun Corp (WELCORP)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	535.95	512.10	544.50	496.60	0.533 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
22 Fri Mar 2024	535.95	521.50	554.00	469.90	0.453 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 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 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Welspun Corp in short term but the buy signal is initial and weak.

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. Bulls are getting stronger in this stock.

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

Stock of Welspun Corp is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 514.46 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.