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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 2024-08-16 View latest technical analysis

10 day averaged volume of Walchandnagar Industries is 983480

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	355.25	344.00	355.25	333.00	0.644 times
14 Wed Aug 2024	338.35	348.50	353.95	338.00	0.685 times
13 Tue Aug 2024	355.75	367.70	373.95	355.75	0.444 times
12 Mon Aug 2024	374.45	366.65	388.80	362.30	0.811 times
09 Fri Aug 2024	376.20	377.70	382.70	362.45	0.813 times
08 Thu Aug 2024	376.90	390.00	394.45	376.15	0.793 times
07 Wed Aug 2024	395.95	377.40	395.95	364.00	1.037 times
06 Tue Aug 2024	377.10	396.95	412.00	377.10	1.581 times
05 Mon Aug 2024	396.95	400.20	414.40	396.95	0.708 times
02 Fri Aug 2024	417.80	385.00	417.80	383.05	1.165 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 341.1 as stoploss in an intra day buy trade for a target of 369.94. However, stock will show a bearish move below 341.1.

Share price targets for Walchandnagar Industries (WALCHANNAG)

Target Type	Value
Downside Target	182.25
Downside Target	188.05
Downside Target	235.30
Downside Target	250.00
Downside Target	307.81
Downside Target	333.00
Upside Target	362.45
Upside Target	377.91
Upside Target	388.80
Upside Target	414.40
Upside Target	418.89
Upside Target	438.70

Intraday share price targets for Walchandnagar Industries (WALCHANNAG)

Target Type	Value
Downside Intraday Target	329.23
Downside Intraday Target	303.22
Upside Intraday Target	385.03
Upside Intraday Target	414.82
Upside Intraday Target	359.02

Weekly technical analysis of Walchandnagar Industries (WALCHANNAG)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	355.25	366.65	388.80	333.00	0.524 times
09 Fri Aug 2024	376.20	400.20	414.40	362.45	0.846 times
02 Fri Aug 2024	417.80	374.56	438.70	366.65	1.748 times
26 Fri Jul 2024	361.87	315.50	377.91	309.60	1.043 times
19 Fri Jul 2024	315.74	343.00	364.44	307.81	0.393 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 Fri Aug 2024	355.25	428.00	438.70	333.00	0.509 times
31 Wed Jul 2024	418.89	240.01	418.89	239.35	3.391 times
28 Fri Jun 2024	235.32	216.50	250.00	188.05	1.703 times
31 Fri May 2024	208.55	190.00	237.90	182.65	0.871 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 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 SELL. Signal strength is Weak and stock is gaining 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

Stock of Walchandnagar Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 380.31 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.