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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 542074

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	574.70	575.00	586.55	567.65	2.281 times
23 Tue Apr 2024	561.25	558.80	565.75	550.10	0.673 times
22 Mon Apr 2024	550.40	539.50	560.95	533.85	1.691 times
19 Fri Apr 2024	528.70	532.05	535.00	517.05	1.114 times
18 Thu Apr 2024	538.75	557.00	557.90	532.00	1.002 times
16 Tue Apr 2024	548.05	554.05	568.00	543.20	0.855 times
15 Mon Apr 2024	558.55	540.00	564.00	530.00	2.143 times
12 Fri Apr 2024	568.95	567.00	577.00	564.00	0.713 times
10 Wed Apr 2024	565.15	574.05	574.50	558.95	0.408 times
09 Tue Apr 2024	568.65	582.65	587.55	565.75	0.577 times

Stock of Welspun Corp (WELCORP) has showed a significant upmove. This could be a good time to enter in 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 575 as stoploss in an intra day sell trade for a target of 553.46. However, stock will show a bullish move above 575.

Share price targets for Welspun Corp (WELCORP)

Target Type	Value
Downside Target	469.90
Downside Target	498.05
Downside Target	554.00
Downside Target	568.00
Downside Target	569.40
Upside Target	586.00
Upside Target	586.55
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	543.52
Downside Intraday Target	512.33
Upside Intraday Target	596.22
Upside Intraday Target	617.73
Downside Intraday Target	565.03

Weekly technical analysis of Welspun Corp (WELCORP)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	574.70	539.50	586.55	533.85	0.908 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
24 Wed Apr 2024	574.70	528.00	592.70	517.00	1.066 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.

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 BUY. 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.

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 stronger in this stock.

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 and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing 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 556.69 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 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.