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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 2024-03-20 View latest technical analysis

10 day averaged volume of Welspun Corp is 494299

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	506.15	500.95	508.95	500.95	0.353 times
19 Tue Mar 2024	500.85	518.80	519.00	496.60	0.541 times
18 Mon Mar 2024	516.20	512.10	520.30	502.65	0.818 times
15 Fri Mar 2024	511.65	510.75	514.00	487.40	1.169 times
14 Thu Mar 2024	510.20	480.10	513.05	469.90	1.253 times
13 Wed Mar 2024	494.80	528.45	530.20	491.25	2.06 times
12 Tue Mar 2024	524.90	542.00	548.85	515.70	1.065 times
11 Mon Mar 2024	542.80	547.85	547.85	528.15	0.688 times
07 Thu Mar 2024	547.85	542.65	551.00	537.05	0.697 times
06 Wed Mar 2024	537.95	537.30	554.00	527.20	1.05 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 510.8, but if it comes above 510.8, then a intra day buy could be more profitable.
If you take a sell trade below 510.8, then use 510.8 as stoploss and 485.5 as target. However if you take a buy trade in stock , then use 510.8 as stoploss and 531.81 as target.

Share price targets for Welspun Corp (WELCORP)

Target Type	Value
Downside Target	423.60
Downside Target	469.90
Downside Target	496.60
Upside Target	548.85
Upside Target	554.00
Upside Target	562.95
Upside Target	568.00
Upside Target	569.40
Upside Target	572.70
Upside Target	613.00
Upside Target	623.90

Intraday share price targets for Welspun Corp (WELCORP)

Target Type	Value
Downside Intraday Target	495.07
Downside Intraday Target	483.98
Upside Intraday Target	518.77
Upside Intraday Target	531.38
Upside Intraday Target	507.68

Weekly technical analysis of Welspun Corp (WELCORP)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	506.15	512.10	520.30	496.60	0.275 times
15 Fri Mar 2024	511.65	547.85	548.85	469.90	1.549 times
07 Thu Mar 2024	547.85	543.00	554.00	527.20	0.453 times
02 Sat Mar 2024	540.60	562.05	572.70	507.05	1.236 times
23 Fri Feb 2024	565.85	548.40	568.00	512.50	1.228 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
20 Wed Mar 2024	506.15	521.50	554.00	469.90	0.407 times
29 Thu Feb 2024	510.25	590.00	623.90	507.05	0.741 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

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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

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

Welspun Corp 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. Bears are getting stronger in this stock.

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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 516.58 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.