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(WALCHANNAG_BE) Walchandnagar Industries complete technical analysis [charts+indicators] | Buy/Sell Walchandnagar Industries | (WALCHANNAG_BE) share price targets

Complete technical analysis of Walchandnagar Industries (WALCHANNAG_BE) by charts plus indicators, forecast predictions and share price targets for Walchandnagar Industries (WALCHANNAG_BE)

Showing technical analysis as on 2024-04-08 View latest technical analysis

10 day averaged volume of Walchandnagar Industries is 104961

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	223.85	226.50	229.50	218.00	0.825 times
05 Fri Apr 2024	226.85	227.95	229.35	220.15	0.945 times
04 Thu Apr 2024	223.95	219.95	225.95	216.05	0.808 times
03 Wed Apr 2024	219.40	226.40	226.40	215.10	0.938 times
02 Tue Apr 2024	222.40	219.85	223.00	215.25	1.577 times
01 Mon Apr 2024	212.40	209.90	212.40	207.50	0.371 times
28 Thu Mar 2024	202.30	212.50	212.70	198.00	1.681 times
27 Wed Mar 2024	206.20	197.15	210.50	197.15	1.159 times
26 Tue Mar 2024	203.20	209.90	216.00	199.60	0.953 times
22 Fri Mar 2024	210.10	209.75	210.10	204.00	1.012 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 219.5, but if it comes below 219.5, then a intra day sell could be more profitable.
If you take a sell trade below 219.5, then use 219.5 as stoploss and 208.13 as target. However if you take a buy trade in stock , then use 219.5 as stoploss and 233.1 as target.

Share price targets for Walchandnagar Industries (WALCHANNAG_BE)

Target Type	Value
Downside Target	158.85
Downside Target	168.45
Downside Target	181.65
Downside Target	188.50
Downside Target	197.15
Downside Target	206.90
Downside Target	216.00
Downside Target	223.00
Upside Target	229.35
Upside Target	229.50
Upside Target	256.70
Upside Target	268.10

Intraday share price targets for Walchandnagar Industries (WALCHANNAG_BE)

Target Type	Value
Downside Intraday Target	218.07
Downside Intraday Target	212.28
Upside Intraday Target	229.57
Upside Intraday Target	235.28
Downside Intraday Target	223.78

Weekly technical analysis of Walchandnagar Industries (WALCHANNAG_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	223.85	226.50	229.50	218.00	0.178 times
05 Fri Apr 2024	226.85	209.90	229.35	207.50	1.223 times
28 Thu Mar 2024	202.30	209.90	216.00	197.15	0.863 times
22 Fri Mar 2024	210.10	199.90	210.10	189.00	0.633 times
15 Fri Mar 2024	198.50	223.00	223.00	181.65	1.182 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	223.85	209.90	229.50	207.50	0.238 times
28 Thu Mar 2024	202.30	245.95	256.70	181.65	0.71 times
29 Thu Feb 2024	246.45	195.90	268.10	188.50	1.61 times
22 Fri Dec 2023	187.60	179.00	206.90	168.45	1.371 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_BE)

Price action analysis of Walchandnagar Industries ( (WALCHANNAG_BE) ) 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_BE) ) based on a short to mid 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_BE) ) 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 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 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 red color and prices are in or above the red 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 and the buying is gaining 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 214.3 and Walchandnagar Industries (WALCHANNAG_BE) 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_BE) stock. Volume based technical analysis of Walchandnagar Industries (WALCHANNAG_BE) 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.