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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 2024-01-29 View latest technical analysis

10 day averaged volume of Walchandnagar Industries is 153301

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	182.95	178.65	182.95	178.55	0.228 times
25 Thu Jan 2024	174.25	175.50	181.00	173.00	0.871 times
24 Wed Jan 2024	175.40	177.00	181.90	171.15	0.778 times
23 Tue Jan 2024	177.00	188.75	189.55	176.95	0.879 times
22 Mon Jan 2024	186.25	190.00	190.00	183.90	0.537 times
19 Fri Jan 2024	187.10	185.20	189.00	184.70	1.241 times
18 Thu Jan 2024	183.70	181.60	188.10	179.85	0.9 times
17 Wed Jan 2024	183.40	183.35	188.20	180.35	1.228 times
16 Tue Jan 2024	183.35	191.95	193.80	182.20	1.519 times
15 Mon Jan 2024	189.80	194.60	196.50	188.80	1.169 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 181 as stoploss in an intra day buy trade for a target of 187.82. However, stock will show a bearish move below 181.

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	98.00
Downside Target	171.15
Downside Target	178.55
Upside Target	190.00
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	180.02
Downside Intraday Target	177.08
Upside Intraday Target	184.42
Upside Intraday Target	185.88
Downside Intraday Target	181.48

Weekly technical analysis of Walchandnagar Industries (WALCHANNAG)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	182.95	178.65	182.95	178.55	0.074 times
25 Thu Jan 2024	174.25	190.00	190.00	171.15	0.506 times
19 Fri Jan 2024	187.10	194.60	196.50	179.85	0.686 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

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 Walchandnagar Industries (WALCHANNAG)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	182.95	188.00	206.00	171.15	3.344 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 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 Weak 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Walchandnagar Industries in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 182.75 and Walchandnagar Industries (WALCHANNAG) 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 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.