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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 2024-02-05 View latest technical analysis

10 day averaged volume of Walchandnagar Industries is 273987

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Feb 2024	203.30	198.75	203.30	194.30	1.724 times
02 Fri Feb 2024	193.65	182.25	198.00	182.25	1.92 times
01 Thu Feb 2024	190.75	200.00	200.00	188.10	1.629 times
31 Wed Jan 2024	197.55	198.50	200.00	185.40	1.937 times
30 Tue Jan 2024	192.05	192.05	192.05	186.95	1.977 times
29 Mon Jan 2024	182.95	178.65	182.95	178.55	0.127 times
25 Thu Jan 2024	174.25	175.50	181.00	173.00	0.487 times
24 Wed Jan 2024	175.40	177.00	181.90	171.15	0.435 times
23 Tue Jan 2024	177.00	188.75	189.55	176.95	0.492 times
22 Mon Jan 2024	186.25	190.00	190.00	183.90	0.301 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 206, for a target of 196.6 or 188.79

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
Downside Target	188.00
Downside Target	194.30
Downside Target	200.00
Downside Target	203.30
Upside Target	206.00
Upside Target	206.75

Intraday share price targets for Walchandnagar Industries (WALCHANNAG)

Target Type	Value
Downside Intraday Target	197.3
Downside Intraday Target	191.3
Upside Intraday Target	206.3
Upside Intraday Target	209.3
Downside Intraday Target	200.3

Weekly technical analysis of Walchandnagar Industries (WALCHANNAG)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Feb 2024	203.30	198.75	203.30	194.30	0.227 times
02 Fri Feb 2024	193.65	178.65	200.00	178.55	4.426 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

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
05 Mon Feb 2024	203.30	200.00	203.30	182.25	0.285 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 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 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 to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 moving up

CCI has generated a buy signal for Walchandnagar Industries in short term and BUY signal is strong.

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 192.48 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.