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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 1722924

Date Daily Closing Price Open High Low Volume
17 Wed Aug 2022 227.25 227.70 229.80 222.00 0.644 times
16 Tue Aug 2022 226.85 211.15 228.40 211.00 2.096 times
12 Fri Aug 2022 212.05 207.85 214.50 207.20 0.487 times
11 Thu Aug 2022 208.05 207.55 209.00 205.50 0.458 times
10 Wed Aug 2022 205.20 210.90 211.95 205.00 0.571 times
08 Mon Aug 2022 210.90 206.00 214.00 202.45 0.829 times
05 Fri Aug 2022 206.45 209.05 210.45 203.00 2.075 times
04 Thu Aug 2022 220.70 225.00 230.75 218.00 0.718 times
03 Wed Aug 2022 224.05 227.00 228.00 221.70 0.475 times
02 Tue Aug 2022 226.70 232.80 234.45 225.20 0.617 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 224.2, but if it comes below 224.2, then a intra day sell could be more profitable.
If you take a sell trade below 224.2, then use 224.2 as stoploss and 215.86 as target. However if you take a buy trade in stock , then use 224.2 as stoploss and 234.3 as target.

Share price targets for Welspun Corp (WELCORP)

Target Type Value
Downside Target 159.75
Downside Target 168.00
Downside Target 183.05
Downside Target 202.45
Downside Target 219.90
Upside Target 227.65
Upside Target 229.00
Upside Target 229.80
Upside Target 236.45
Upside Target 239.85
Upside Target 250.65

Intraday share price targets for Welspun Corp (WELCORP)

Target Type Value
Downside Intraday Target 215.57
Downside Intraday Target 203.88
Upside Intraday Target 234.37
Upside Intraday Target 241.48
Downside Intraday Target 222.68

Weekly technical analysis of Welspun Corp (WELCORP)

Date Weekly Closing Price Open High Low Volume
17 Wed Aug 2022 227.25 211.15 229.80 211.00 1.168 times
12 Fri Aug 2022 212.05 206.00 214.50 202.45 0.422 times
05 Fri Aug 2022 206.45 227.60 236.45 203.00 1.367 times
30 Sat Jul 2022 226.00 209.00 227.65 205.60 1.569 times
22 Fri Jul 2022 210.10 211.60 219.90 207.25 0.984 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
17 Wed Aug 2022 227.25 227.60 236.45 202.45 0.869 times
30 Sat Jul 2022 226.00 217.00 229.00 205.45 0.651 times
30 Thu Jun 2022 218.85 226.00 239.85 183.05 0.466 times
31 Tue May 2022 226.30 202.10 250.65 159.75 1.295 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)

Indicator Name Indicator Value Indicator Signal
ADX 33, 16, 34 Buy
MACD 3, 2Buy
Stochastics 59None
CCI 78Buy
RSI 56Buy
OBV 4442958Sell
VWAP 217Buy
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Welspun Corp ( (WELCORP) ) based on a short 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Welspun Corp stock for short term is BUY. Signal strength is Strong 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 BUY signal in short term but buying 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 216.89 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 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.

Click here for Welspun Corp charts

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Daily charts

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Daily chart

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