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(WALCHANNAG) Walchandnagar Industries complete technical analysis [charts+indicators] | Buy/Sell Walchandnagar Industries | (WALCHANNAG) share price targets

Complete technical analysis of Walchandnagar Industries (WALCHANNAG) by charts plus indicators, forecast predictions and share price targets for Walchandnagar Industries (WALCHANNAG)

Walchandnagar Industries trades in NSE in Construction & Engineering sector.

Showing technical analysis as on 2024-01-16 View latest technical analysis

10 day averaged volume of Walchandnagar Industries is 258557

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	183.35	191.95	193.80	182.20	0.901 times
15 Mon Jan 2024	189.80	194.60	196.50	188.80	0.693 times
12 Fri Jan 2024	192.45	198.65	198.65	192.00	0.521 times
11 Thu Jan 2024	198.15	192.00	200.35	190.35	0.973 times
10 Wed Jan 2024	190.85	191.00	198.50	188.00	0.784 times
09 Tue Jan 2024	196.00	206.00	206.00	195.00	1.012 times
08 Mon Jan 2024	197.75	195.50	198.95	192.10	1.945 times
05 Fri Jan 2024	189.50	194.50	194.50	186.25	0.823 times
04 Thu Jan 2024	190.50	199.90	199.90	188.10	1.13 times
03 Wed Jan 2024	194.80	189.95	199.30	185.00	1.601 times

My analysis of stock is bullish for shortterm, and stock might move up till 212.6 or till 261.3. Use a stoploss of 171.99 and if this stock hits its stoploss, then it can fall down till 131.4

Share price targets for Walchandnagar Industries (WALCHANNAG)

Target Type	Value
Downside Target	53.55
Downside Target	63.15
Downside Target	72.20
Downside Target	80.65
Downside Target	87.60
Downside Target	98.00
Downside Target	181.50
Upside Target	196.50
Upside Target	199.90
Upside Target	206.00
Upside Target	206.75

Intraday share price targets for Walchandnagar Industries (WALCHANNAG)

Target Type	Value
Downside Intraday Target	178.2
Downside Intraday Target	173.05
Upside Intraday Target	192.5
Upside Intraday Target	201.65
Upside Intraday Target	187.35

Weekly technical analysis of Walchandnagar Industries (WALCHANNAG)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	183.35	194.60	196.50	182.20	0.304 times
12 Fri Jan 2024	192.45	195.50	206.00	188.00	1.124 times
05 Fri Jan 2024	189.50	188.00	199.90	185.00	1.009 times
29 Fri Dec 2023	188.55	196.95	206.75	181.50	0.241 times
07 Wed Jun 2023	90.50	88.10	98.00	87.60	0.713 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 Walchandnagar Industries (WALCHANNAG)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	183.35	188.00	206.00	182.20	2.489 times
29 Fri Dec 2023	188.55	196.95	206.75	181.50	0.109 times
07 Wed Jun 2023	90.50	73.00	98.00	72.75	0.85 times
31 Wed May 2023	72.25	67.80	80.65	63.15	2.269 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Walchandnagar Industries (WALCHANNAG)

Price action analysis of Walchandnagar Industries ( (WALCHANNAG) ) based on a short 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.

Price action analysis of Walchandnagar Industries ( (WALCHANNAG) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Walchandnagar Industries ( (WALCHANNAG) ) based on a short to mid 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.

Price action analysis of Walchandnagar Industries ( (WALCHANNAG) ) 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 Walchandnagar Industries stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Walchandnagar Industries in short term but the sell signal is initial and weak.

Walchandnagar Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 Walchandnagar Industries in short term and SELL 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 Walchandnagar Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 193.15 and Walchandnagar Industries (WALCHANNAG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Walchandnagar Industries (WALCHANNAG) stock. Volume based technical analysis of Walchandnagar Industries (WALCHANNAG) stock is negative.

Walchandnagar Industries 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.