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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 2024-10-25 View latest technical analysis

10 day averaged volume of Welspun Corp is 508029

Date	Daily Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	697.65	717.60	723.05	686.30	2.566 times
24 Thu Oct 2024	719.15	711.00	739.00	711.00	0.983 times
23 Wed Oct 2024	712.50	668.00	719.75	668.00	1.45 times
22 Tue Oct 2024	681.05	715.50	717.50	673.25	1.481 times
21 Mon Oct 2024	713.30	715.60	720.20	703.30	1.263 times
18 Fri Oct 2024	714.85	720.15	723.70	705.50	0.781 times
17 Thu Oct 2024	730.15	721.65	734.00	718.60	1.753 times
16 Wed Oct 2024	721.65	710.20	725.45	708.00	0.553 times
15 Tue Oct 2024	715.50	715.00	719.10	706.45	0.635 times
14 Mon Oct 2024	711.95	701.50	714.50	694.00	0.575 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 bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 695.5 as stoploss in an intra day buy trade for a target of 715.28. However, stock will show a bearish move below 695.5.

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
Upside Target	711.65
Upside Target	733.60
Upside Target	739.00
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	664.1
Downside Intraday Target	630.55
Upside Intraday Target	735.1
Upside Intraday Target	772.55
Upside Intraday Target	701.55

Weekly technical analysis of Welspun Corp (WELCORP)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	697.65	715.60	739.00	668.00	1.802 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Welspun Corp (WELCORP)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	697.65	767.00	794.75	662.00	0.805 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 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 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 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 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.

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 below the red 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 and selling is picking up 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 709.37 and Welspun Corp (WELCORP) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

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