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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 2024-02-01 View latest technical analysis

10 day averaged volume of Walchandnagar Industries is 209373

Date	Daily Closing Price	Open	High	Low	Volume
01 Thu Feb 2024	190.75	200.00	200.00	188.10	2.132 times
31 Wed Jan 2024	197.55	198.50	200.00	185.40	2.535 times
30 Tue Jan 2024	192.05	192.05	192.05	186.95	2.588 times
29 Mon Jan 2024	182.95	178.65	182.95	178.55	0.167 times
25 Thu Jan 2024	174.25	175.50	181.00	173.00	0.638 times
24 Wed Jan 2024	175.40	177.00	181.90	171.15	0.57 times
23 Tue Jan 2024	177.00	188.75	189.55	176.95	0.644 times
22 Mon Jan 2024	186.25	190.00	190.00	183.90	0.393 times
19 Fri Jan 2024	187.10	185.20	189.00	184.70	0.908 times
18 Thu Jan 2024	183.70	181.60	188.10	179.85	0.659 times

Stock of Walchandnagar Industries (WALCHANNAG) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, and stock might move up till 194.9 or till 203.3. Use a stoploss of 187.94 and if this stock hits its stoploss, then it can fall down till 180.95

Share price targets for Walchandnagar Industries (WALCHANNAG)

Target Type	Value
Downside Target	63.15
Downside Target	72.75
Downside Target	80.65
Downside Target	98.00
Downside Target	171.15
Downside Target	178.55
Upside Target	196.50
Upside Target	199.90
Upside Target	200.00
Upside Target	206.00
Upside Target	206.75

Intraday share price targets for Walchandnagar Industries (WALCHANNAG)

Target Type	Value
Downside Intraday Target	179.53
Downside Intraday Target	168.32
Upside Intraday Target	200.98
Upside Intraday Target	211.22
Downside Intraday Target	189.77

Weekly technical analysis of Walchandnagar Industries (WALCHANNAG)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Thu Feb 2024	190.75	178.65	200.00	178.55	3.307 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Walchandnagar Industries (WALCHANNAG)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Thu Feb 2024	190.75	200.00	200.00	188.10	0.088 times
31 Wed Jan 2024	197.55	188.00	206.00	171.15	4.243 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

Scroll below to view daily charts

Price has moved down 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 Walchandnagar Industries (WALCHANNAG)

Price action analysis of Walchandnagar Industries ( (WALCHANNAG) ) 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 Walchandnagar Industries ( (WALCHANNAG) ) 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 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 HIGHS, which reflects strong buying momentum in short term! Bulls 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 but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 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 189.1 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 rising upwards.

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 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.