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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 2024-04-15 View latest technical analysis

10 day averaged volume of Welspun Corp is 496504

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	558.55	540.00	564.00	530.00	2.339 times
12 Fri Apr 2024	568.95	567.00	577.00	564.00	0.778 times
10 Wed Apr 2024	565.15	574.05	574.50	558.95	0.445 times
09 Tue Apr 2024	568.65	582.65	587.55	565.75	0.63 times
08 Mon Apr 2024	585.20	581.00	592.70	575.30	0.9 times
05 Fri Apr 2024	580.10	583.50	583.50	566.55	2.045 times
04 Thu Apr 2024	583.65	562.30	586.00	554.00	1.936 times
03 Wed Apr 2024	561.50	555.50	564.90	545.10	0.476 times
02 Tue Apr 2024	560.20	558.00	562.80	552.80	0.875 times
01 Mon Apr 2024	551.75	528.00	553.00	517.00	1.354 times

Stock of Welspun Corp (WELCORP) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 570.2 as stoploss in an intra day sell trade for a target of 541.83. However, stock will show a bullish move above 570.2.

Share price targets for Welspun Corp (WELCORP)

Target Type	Value
Downside Target	469.90
Downside Target	496.60
Downside Target	554.00
Upside Target	558.95
Upside Target	564.00
Upside Target	569.40
Upside Target	586.00
Upside Target	592.70
Upside Target	613.00
Upside Target	623.90

Intraday share price targets for Welspun Corp (WELCORP)

Target Type	Value
Downside Intraday Target	537.7
Downside Intraday Target	516.85
Upside Intraday Target	571.7
Upside Intraday Target	584.85
Downside Intraday Target	550.85

Weekly technical analysis of Welspun Corp (WELCORP)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	558.55	540.00	564.00	530.00	0.85 times
12 Fri Apr 2024	568.95	581.00	592.70	558.95	0.412 times
05 Fri Apr 2024	580.10	528.00	586.00	517.00	2.274 times
28 Thu Mar 2024	515.40	532.10	536.70	510.25	0.888 times
22 Fri Mar 2024	535.95	512.10	544.50	496.60	0.533 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
15 Mon Apr 2024	558.55	528.00	592.70	517.00	0.625 times
28 Thu Mar 2024	515.40	521.50	554.00	469.90	0.536 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

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 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 to mid 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 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 and the buy 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Welspun Corp in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 569.39 and Welspun Corp (WELCORP) 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 Welspun Corp (WELCORP) stock. Volume based technical analysis of Welspun Corp (WELCORP) stock is negative.

Welspun Corp Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

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