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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 2024-10-10 View latest technical analysis

10 day averaged volume of Welspun Corp is 1442870

Date	Daily Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	698.10	701.00	714.90	696.05	0.195 times
09 Wed Oct 2024	706.60	690.00	711.00	687.85	0.531 times
08 Tue Oct 2024	695.40	673.95	698.00	662.00	0.37 times
07 Mon Oct 2024	686.45	720.20	733.60	683.00	0.538 times
04 Fri Oct 2024	720.25	736.00	737.90	711.65	0.385 times
03 Thu Oct 2024	735.05	742.45	752.00	726.25	0.499 times
01 Tue Oct 2024	739.45	767.00	794.75	730.10	2.842 times
30 Mon Sep 2024	766.30	743.40	769.30	739.00	2.012 times
27 Fri Sep 2024	740.50	727.05	752.90	725.45	1.292 times
26 Thu Sep 2024	725.45	715.80	729.55	704.05	0.707 times

My analysis of stock is bearish for shortterm, and stock might move down till 677 or till 644.2. Use a stoploss of 704.32 and if the stock hits stoploss, then it can shoot up till 731.66

Share price targets for Welspun Corp (WELCORP)

Target Type	Value
Downside Target	440.15
Downside Target	544.85
Downside Target	583.95
Downside Target	600.60
Downside Target	655.00
Downside Target	678.50
Downside Target	694.00
Upside Target	711.65
Upside Target	733.60
Upside Target	750.00
Upside Target	752.90
Upside Target	769.30
Upside Target	794.75

Intraday share price targets for Welspun Corp (WELCORP)

Target Type	Value
Downside Intraday Target	662.2
Downside Intraday Target	626.3
Upside Intraday Target	733.8
Upside Intraday Target	769.5
Downside Intraday Target	697.9

Weekly technical analysis of Welspun Corp (WELCORP)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	698.10	720.20	733.60	662.00	0.285 times
04 Fri Oct 2024	720.25	743.40	794.75	711.65	1.101 times
27 Fri Sep 2024	740.50	700.00	752.90	658.85	3.608 times
20 Fri Sep 2024	657.75	688.90	694.00	655.00	0.912 times
13 Fri Sep 2024	688.90	681.00	696.00	663.00	0.831 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
10 Thu Oct 2024	698.10	767.00	794.75	662.00	0.441 times
30 Mon Sep 2024	766.30	713.40	769.30	655.00	0.546 times
30 Fri Aug 2024	708.40	644.00	750.00	600.60	1.003 times
31 Wed Jul 2024	640.70	549.05	678.50	544.85	0.766 times

Scroll below to view daily charts

Price has moved down 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Welspun Corp stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

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

Welspun Corp Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

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

RSI is generating a BUY signal in short term and the buying is gaining 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 735.77 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 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.