(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, 2 | Buy |
| Stochastics | 59 | None |
| CCI | 78 | Buy |
| RSI | 56 | Buy |
| OBV | 4442958 | Sell |
| VWAP | 217 | Buy |
| ADL | 0 | Sell |
| ROC | -3 | Sell |
| Force Index | 0 | Sell |
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.
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