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(WELINV_BE) Welspun Inv complete technical analysis [charts+indicators] | Buy/Sell Welspun Inv | (WELINV_BE) share price targets

Complete technical analysis of Welspun Inv (WELINV_BE) by charts plus indicators, forecast predictions and share price targets for Welspun Inv (WELINV_BE)

10 day averaged volume of Welspun Inv is 435

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Jan 2024	687.60	716.30	716.30	687.10	0.531 times
29 Mon Jan 2024	716.30	699.00	725.00	678.35	1.421 times
25 Thu Jan 2024	699.50	690.00	719.00	688.45	0.614 times
24 Wed Jan 2024	688.45	671.05	699.45	643.05	0.749 times
23 Tue Jan 2024	671.05	697.90	697.90	671.00	0.662 times
22 Mon Jan 2024	673.45	651.30	675.00	651.30	0.37 times
19 Fri Jan 2024	680.00	694.00	694.00	660.00	3.467 times
18 Thu Jan 2024	661.50	630.00	661.50	630.00	0.738 times
17 Wed Jan 2024	630.00	621.25	645.00	611.10	0.455 times
16 Tue Jan 2024	630.35	634.00	636.00	627.00	0.566 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 684.5, but if it comes below 684.5, then a intra day sell could be more profitable.
If you take a sell trade below 684.5, then use 684.5 as stoploss and 660.41 as target. However if you take a buy trade in stock , then use 684.5 as stoploss and 713.4 as target.

Share price targets for Welspun Inv (WELINV_BE)

Target Type	Value
Downside Target	438.10
Downside Target	490.00
Downside Target	510.00
Downside Target	527.95
Downside Target	570.00
Downside Target	600.00
Downside Target	643.05
Downside Target	667.90
Upside Target	690.00
Upside Target	691.90
Upside Target	694.00
Upside Target	719.00
Upside Target	725.00

Intraday share price targets for Welspun Inv (WELINV_BE)

Target Type	Value
Downside Intraday Target	668.97
Downside Intraday Target	650.33
Upside Intraday Target	715.62
Upside Intraday Target	743.63
Upside Intraday Target	696.98

Weekly technical analysis of Welspun Inv (WELINV_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Jan 2024	687.60	699.00	725.00	678.35	0.815 times
25 Thu Jan 2024	699.50	651.30	719.00	643.05	0.388 times
19 Fri Jan 2024	680.00	654.00	694.00	611.10	3.083 times
12 Fri Jan 2024	642.85	650.00	667.90	618.00	0.206 times
05 Fri Jan 2024	659.00	610.00	690.00	610.00	2.567 times

Price has moved down 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 Inv (WELINV_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Tue Jan 2024	687.60	610.00	725.00	610.00	0.858 times
29 Fri Dec 2023	622.60	691.90	691.90	570.00	0.985 times
30 Thu Nov 2023	660.50	675.55	685.00	600.00	13.998 times
06 Fri Oct 2023	490.10	510.00	510.00	490.00	0.075 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 Inv (WELINV_BE)

Price action analysis of Welspun Inv ( (WELINV_BE) ) 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 Inv ( (WELINV_BE) ) 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 Inv ( (WELINV_BE) ) 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 Inv stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Welspun Inv in short term and the buy signal is strong.

Welspun Inv Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Welspun Inv in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Welspun Inv is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 680.11 and Welspun Inv (WELINV_BE) 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 Inv (WELINV_BE) stock. Volume based technical analysis of Welspun Inv (WELINV_BE) stock is negative.

Welspun Inv Stock is giving positive 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.