Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(WELCORP) Welspun Corp complete technical analysis [charts+indicators] | Buy/Sell Welspun Corp | (WELCORP) share price targets

Complete technical analysis of Welspun Corp (WELCORP) by charts plus indicators, forecast predictions and share price targets for Welspun Corp (WELCORP)

Welspun Corp trades in NSE in Construction & Engineering sector.

Showing technical analysis as on 2024-02-22 View latest technical analysis

10 day averaged volume of Welspun Corp is 634740

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Feb 2024	543.45	530.10	545.95	512.50	1.707 times
21 Wed Feb 2024	529.45	542.20	548.85	527.80	0.973 times
20 Tue Feb 2024	542.20	550.00	554.35	539.00	0.53 times
19 Mon Feb 2024	549.25	548.40	560.60	546.55	0.562 times
16 Fri Feb 2024	544.60	568.40	575.00	537.05	1.991 times
15 Thu Feb 2024	563.85	564.40	574.90	562.20	0.47 times
14 Wed Feb 2024	560.65	540.00	563.70	539.95	0.592 times
13 Tue Feb 2024	548.10	540.10	550.75	525.10	0.632 times
12 Mon Feb 2024	542.05	560.10	570.90	538.00	0.871 times
09 Fri Feb 2024	558.00	579.00	580.30	541.60	2.464 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 546.4, but if it comes above 546.4, then a intra day buy could be more profitable.
If you take a sell trade below 546.4, then use 546.4 as stoploss and 521.5 as target. However if you take a buy trade in stock , then use 546.4 as stoploss and 567.23 as target.

Share price targets for Welspun Corp (WELCORP)

Target Type	Value
Downside Target	376.15
Downside Target	423.60
Downside Target	457.30
Downside Target	498.05
Downside Target	512.50
Downside Target	524.10
Downside Target	541.60
Upside Target	560.60
Upside Target	575.00
Upside Target	605.95
Upside Target	613.00
Upside Target	623.90

Intraday share price targets for Welspun Corp (WELCORP)

Target Type	Value
Downside Intraday Target	517.1
Downside Intraday Target	490.75
Upside Intraday Target	565.2
Upside Intraday Target	586.95
Downside Intraday Target	538.85

Weekly technical analysis of Welspun Corp (WELCORP)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Feb 2024	543.45	548.40	560.60	512.50	0.828 times
16 Fri Feb 2024	544.60	560.10	575.00	525.10	0.427 times
09 Fri Feb 2024	558.00	590.00	623.90	541.60	1.289 times
02 Fri Feb 2024	590.80	584.95	605.95	572.60	2.088 times
25 Thu Jan 2024	578.80	602.10	613.00	570.05	0.301 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 Welspun Corp (WELCORP)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Thu Feb 2024	543.45	590.00	623.90	512.50	0.556 times
31 Wed Jan 2024	587.40	548.00	613.00	524.10	1.327 times
29 Fri Dec 2023	548.15	530.80	569.40	498.05	0.393 times
30 Thu Nov 2023	530.35	427.00	562.95	423.60	1.726 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 Welspun Corp (WELCORP)

Price action analysis of Welspun Corp ( (WELCORP) ) 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 Welspun Corp ( (WELCORP) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Welspun Corp ( (WELCORP) ) 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 Welspun Corp ( (WELCORP) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Welspun Corp stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Welspun Corp in short term and the sell signal is strong.

Welspun Corp 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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Welspun Corp in short term and SELL 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

Stock of Welspun Corp is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 547.95 and Welspun Corp (WELCORP) 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 Welspun Corp (WELCORP) stock. Volume based technical analysis of Welspun Corp (WELCORP) stock is negative.

Welspun Corp Stock has given negative 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.