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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.

10 day averaged volume of Walchandnagar Industries is 218667

Date Daily Closing Price Open High Low Volume
01 Mon Mar 2021 66.70 67.30 68.85 66.10 1.655 times
25 Thu Feb 2021 65.00 64.05 67.40 63.00 1.506 times
24 Wed Feb 2021 63.35 63.50 64.30 62.35 0.286 times
23 Tue Feb 2021 62.90 62.70 64.85 62.05 0.712 times
22 Mon Feb 2021 62.50 63.80 66.30 61.60 1.039 times
19 Fri Feb 2021 63.80 63.10 65.80 63.10 0.602 times
18 Thu Feb 2021 63.60 65.95 67.20 63.25 1.292 times
17 Wed Feb 2021 65.00 60.50 66.00 59.20 3.14 times
16 Tue Feb 2021 60.80 61.95 61.95 60.25 0.402 times
15 Mon Feb 2021 60.50 62.50 63.80 60.10 0.787 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 66.2, for a target of 64.4 or 62.96

Share price targets for Walchandnagar Industries (WALCHANNAG)

Target Type Value
Downside Target 45.15
Downside Target 53.05
Downside Target 59.20
Downside Target 64.30
Downside Target 66.10
Upside Target 67.20
Upside Target 67.40
Upside Target 68.85
Upside Target 72.90
Upside Target 73.90

Intraday share price targets for Walchandnagar Industries (WALCHANNAG)

Target Type Value
Downside Intraday Target 65.58
Downside Intraday Target 64.47
Upside Intraday Target 68.33
Upside Intraday Target 69.97
Upside Intraday Target 67.22

Weekly technical analysis of Walchandnagar Industries (WALCHANNAG)

Date Weekly Closing Price Open High Low Volume
01 Mon Mar 2021 66.70 67.30 68.85 66.10 0.467 times
25 Thu Feb 2021 65.00 63.80 67.40 61.60 0.569 times
19 Fri Feb 2021 63.80 62.50 67.20 59.20 4.601 times
12 Fri Feb 2021 61.75 63.60 64.30 60.20 0.691 times
05 Fri Feb 2021 62.40 62.50 65.45 61.60 1.62 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
01 Mon Mar 2021 66.70 67.30 68.85 66.10 0.127 times
25 Thu Feb 2021 65.00 62.50 67.40 59.20 0.888 times
29 Fri Jan 2021 61.30 71.00 72.90 60.15 0.335 times
31 Thu Dec 2020 70.95 59.00 73.90 53.05 2.342 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 24, 10, 42 Buy
MACD 1, 0Buy
Stochastics 67None
CCI 182Buy
RSI 50Sell
OBV 1398572Sell
VWAP 64Buy
ADL 0Sell
ROC 8Buy
Force Index 0Sell

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 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 short to mid 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 mid to longer 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.

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 BUY signal for Walchandnagar Industries in short term and the buy signal is strong.

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

Walchandnagar Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term but selling 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 64.17 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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