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(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 2024-02-27 View latest technical analysis

10 day averaged volume of Welspun Corp is 641806

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	558.15	562.00	572.70	554.60	0.736 times
26 Mon Feb 2024	567.00	562.05	571.80	557.50	0.823 times
23 Fri Feb 2024	565.85	544.75	568.00	541.00	1.802 times
22 Thu Feb 2024	543.45	530.10	545.95	512.50	1.688 times
21 Wed Feb 2024	529.45	542.20	548.85	527.80	0.962 times
20 Tue Feb 2024	542.20	550.00	554.35	539.00	0.524 times
19 Mon Feb 2024	549.25	548.40	560.60	546.55	0.556 times
16 Fri Feb 2024	544.60	568.40	575.00	537.05	1.969 times
15 Thu Feb 2024	563.85	564.40	574.90	562.20	0.465 times
14 Wed Feb 2024	560.65	540.00	563.70	539.95	0.585 times

My analysis of stock is bearish for shortterm, and stock might move down till 544.6 or till 520.4. Use a stoploss of 564.8 and if the stock hits stoploss, then it can shoot up till 584.96

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
Downside Target	554.60
Upside Target	572.70
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	550.93
Downside Intraday Target	543.72
Upside Intraday Target	569.03
Upside Intraday Target	579.92
Upside Intraday Target	561.82

Weekly technical analysis of Welspun Corp (WELCORP)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	558.15	562.05	572.70	554.60	0.282 times
23 Fri Feb 2024	565.85	548.40	568.00	512.50	1.228 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

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
27 Tue Feb 2024	558.15	590.00	623.90	512.50	0.647 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 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 Welspun Corp ( (WELCORP) ) 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 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 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 Welspun Corp stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

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

Welspun Corp 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 Welspun Corp in short term but SELL signal is weak.

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 Welspun Corp is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 551.51 and Welspun Corp (WELCORP) 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 Welspun Corp (WELCORP) stock. Volume based technical analysis of Welspun Corp (WELCORP) stock is negative.

Welspun Corp 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.