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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 2024-03-27 View latest technical analysis

10 day averaged volume of Welspun Corp is 482606

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	513.85	527.00	527.00	510.25	1.536 times
26 Tue Mar 2024	518.45	532.10	536.70	515.00	0.913 times
22 Fri Mar 2024	535.95	526.40	544.50	522.00	1.019 times
21 Thu Mar 2024	524.15	514.20	531.00	510.00	0.633 times
20 Wed Mar 2024	506.15	500.95	508.95	500.95	0.361 times
19 Tue Mar 2024	500.85	518.80	519.00	496.60	0.554 times
18 Mon Mar 2024	516.20	512.10	520.30	502.65	0.838 times
15 Fri Mar 2024	511.65	510.75	514.00	487.40	1.197 times
14 Thu Mar 2024	510.20	480.10	513.05	469.90	1.283 times
13 Wed Mar 2024	494.80	528.45	530.20	491.25	2.11 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 508.6 as stoploss in an intra day buy trade for a target of 524.7. However, stock will show a bearish move below 508.6.

Share price targets for Welspun Corp (WELCORP)

Target Type	Value
Downside Target	423.60
Downside Target	469.90
Downside Target	496.60
Upside Target	524.10
Upside Target	548.85
Upside Target	554.00
Upside Target	562.95
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	503.83
Downside Intraday Target	493.82
Upside Intraday Target	530.28
Upside Intraday Target	546.72
Upside Intraday Target	520.27

Weekly technical analysis of Welspun Corp (WELCORP)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	513.85	532.10	536.70	510.25	0.719 times
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

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 Welspun Corp (WELCORP)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	513.85	521.50	554.00	469.90	0.52 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 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 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 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 gaining momentum.

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

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 tired and bears are picking up momentum.

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 Welspun Corp in short term but SELL signal is weak.

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

MRSI is in negative zone. This is the SELL 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 511.72 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.