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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.

10 day averaged volume of Welspun Corp is 611590

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	550.40	539.50	560.95	533.85	1.498 times
19 Fri Apr 2024	528.70	532.05	535.00	517.05	0.988 times
18 Thu Apr 2024	538.75	557.00	557.90	532.00	0.888 times
16 Tue Apr 2024	548.05	554.05	568.00	543.20	0.758 times
15 Mon Apr 2024	558.55	540.00	564.00	530.00	1.899 times
12 Fri Apr 2024	568.95	567.00	577.00	564.00	0.632 times
10 Wed Apr 2024	565.15	574.05	574.50	558.95	0.362 times
09 Tue Apr 2024	568.65	582.65	587.55	565.75	0.511 times
08 Mon Apr 2024	585.20	581.00	592.70	575.30	0.731 times
05 Fri Apr 2024	580.10	583.50	583.50	566.55	1.66 times

My analysis of stock is bullish for shortterm, and stock might move up till 572 or till 600.5. Use a stoploss of 548.18 and if this stock hits its stoploss, then it can fall down till 524.38

Share price targets for Welspun Corp (WELCORP)

Target Type	Value
Downside Target	469.90
Downside Target	498.05
Upside Target	554.00
Upside Target	560.95
Upside Target	568.00
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	535.85
Downside Intraday Target	521.3
Upside Intraday Target	562.95
Upside Intraday Target	575.5
Downside Intraday Target	548.4

Weekly technical analysis of Welspun Corp (WELCORP)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	550.40	539.50	560.95	533.85	0.331 times
19 Fri Apr 2024	528.70	540.00	568.00	517.05	2.028 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

Price has moved up 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
22 Mon Apr 2024	550.40	528.00	592.70	517.00	0.895 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 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 losing 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 above the green 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 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 558.77 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.