Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

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

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

Welspun India trades in NSE in Textiles sector.

Showing technical analysis as on 2023-11-20 View latest technical analysis

10 day averaged volume of Welspun India is 5924174

Date	Daily Closing Price	Open	High	Low	Volume
20 Mon Nov 2023	162.05	164.35	164.65	160.10	0.566 times
17 Fri Nov 2023	163.35	162.00	164.80	158.85	0.733 times
16 Thu Nov 2023	162.65	169.45	169.45	161.60	0.957 times
15 Wed Nov 2023	168.80	160.00	169.95	159.70	3.053 times
13 Mon Nov 2023	158.65	150.40	159.70	148.90	1.58 times
12 Sun Nov 2023	150.45	149.95	151.00	149.60	0.107 times
10 Fri Nov 2023	148.85	150.00	151.65	148.45	0.548 times
09 Thu Nov 2023	149.60	149.90	152.75	148.40	0.782 times
08 Wed Nov 2023	148.55	149.60	156.30	147.15	0.946 times
07 Tue Nov 2023	148.95	148.80	151.45	148.00	0.48 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 160.1, but if it comes below 160.1, then a intra day sell could be more profitable.
If you take a sell trade below 160.1, then use 160.1 as stoploss and 150.51 as target. However if you take a buy trade in stock , then use 160.1 as stoploss and 171.6 as target.

Share price targets for Welspun India (WELSPUNIND)

Target Type	Value
Downside Target	92.50
Downside Target	108.45
Downside Target	112.60
Downside Target	115.00
Downside Target	120.25
Downside Target	127.80
Downside Target	146.45
Downside Target	156.30
Downside Target	158.00
Downside Target	158.45
Downside Target	160.10
Upside Target	164.65
Upside Target	169.95

Intraday share price targets for Welspun India (WELSPUNIND)

Target Type	Value
Downside Intraday Target	159.88
Downside Intraday Target	157.72
Upside Intraday Target	164.43
Upside Intraday Target	166.82
Upside Intraday Target	162.27

Weekly technical analysis of Welspun India (WELSPUNIND)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Mon Nov 2023	162.05	164.35	164.65	160.10	0.088 times
17 Fri Nov 2023	163.35	149.95	169.95	148.90	1.801 times
10 Fri Nov 2023	148.85	149.95	156.30	147.10	0.243 times
03 Fri Nov 2023	148.20	149.50	158.45	146.45	1.033 times
27 Fri Oct 2023	145.70	139.20	147.40	120.25	3.72 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 India (WELSPUNIND)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Mon Nov 2023	162.05	150.40	169.95	146.45	0.473 times
31 Tue Oct 2023	150.40	122.00	158.00	115.65	5.537 times
29 Fri Sep 2023	121.45	124.85	129.50	112.60	0.345 times
31 Thu Aug 2023	124.85	110.70	127.80	108.45	1.008 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 India (WELSPUNIND)

Price action analysis of Welspun India ( (WELSPUNIND) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Welspun India ( (WELSPUNIND) ) 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 India ( (WELSPUNIND) ) 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 India ( (WELSPUNIND) ) 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 India stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

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

Welspun India 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 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 India in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Welspun India is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 159.95 and Welspun India (WELSPUNIND) 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 India (WELSPUNIND) stock. Volume based technical analysis of Welspun India (WELSPUNIND) stock is negative.

Welspun India 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.