Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-23 View latest technical analysis

10 day averaged volume of Welspun Corp is 489224

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	712.50	668.00	719.75	668.00	1.506 times
22 Tue Oct 2024	681.05	715.50	717.50	673.25	1.538 times
21 Mon Oct 2024	713.30	715.60	720.20	703.30	1.311 times
18 Fri Oct 2024	714.85	720.15	723.70	705.50	0.811 times
17 Thu Oct 2024	730.15	721.65	734.00	718.60	1.82 times
16 Wed Oct 2024	721.65	710.20	725.45	708.00	0.574 times
15 Tue Oct 2024	715.50	715.00	719.10	706.45	0.66 times
14 Mon Oct 2024	711.95	701.50	714.50	694.00	0.597 times
11 Fri Oct 2024	699.65	693.00	706.55	691.00	0.548 times
10 Thu Oct 2024	698.10	701.00	714.90	696.05	0.576 times

My analysis of stock is bearish for shortterm, and stock might move down till 697.1 or till 673.7. Use a stoploss of 716.64 and if the stock hits stoploss, then it can shoot up till 736.15

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	694.00
Downside Target	711.65
Upside Target	734.00
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	680.27
Downside Intraday Target	648.03
Upside Intraday Target	732.47
Upside Intraday Target	752.43
Downside Intraday Target	700.23

Weekly technical analysis of Welspun Corp (WELCORP)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	712.50	715.60	720.20	668.00	0.976 times
18 Fri Oct 2024	714.85	701.50	734.00	694.00	0.831 times
11 Fri Oct 2024	699.65	720.20	733.60	662.00	0.317 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

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
23 Wed Oct 2024	712.50	767.00	794.75	662.00	0.702 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Welspun Corp in short term but the sell 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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

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 710.32 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 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.