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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 2024-04-02 View latest technical analysis

10 day averaged volume of Welspun Corp is 435389

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	560.20	558.00	562.80	552.80	0.998 times
01 Mon Apr 2024	551.75	528.00	553.00	517.00	1.544 times
28 Thu Mar 2024	515.40	515.50	522.60	513.55	0.639 times
27 Wed Mar 2024	513.85	527.00	527.00	510.25	1.703 times
26 Tue Mar 2024	518.45	532.10	536.70	515.00	1.012 times
22 Fri Mar 2024	535.95	526.40	544.50	522.00	1.13 times
21 Thu Mar 2024	524.15	514.20	531.00	510.00	0.702 times
20 Wed Mar 2024	506.15	500.95	508.95	500.95	0.4 times
19 Tue Mar 2024	500.85	518.80	519.00	496.60	0.614 times
18 Mon Mar 2024	516.20	512.10	520.30	502.65	0.929 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 568.1, for a target of 545.9 or 527.44

Share price targets for Welspun Corp (WELCORP)

Target Type	Value
Downside Target	469.90
Downside Target	496.60
Downside Target	544.50
Downside Target	548.85
Downside Target	554.00
Upside Target	562.80
Upside Target	569.40
Upside Target	613.00
Upside Target	623.90

Intraday share price targets for Welspun Corp (WELCORP)

Target Type	Value
Downside Intraday Target	530.53
Downside Intraday Target	500.87
Upside Intraday Target	576.33
Upside Intraday Target	592.47
Downside Intraday Target	546.67

Weekly technical analysis of Welspun Corp (WELCORP)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	560.20	528.00	562.80	517.00	0.758 times
28 Thu Mar 2024	515.40	532.10	536.70	510.25	0.888 times
22 Fri Mar 2024	535.95	512.10	544.50	496.60	0.533 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

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 Welspun Corp (WELCORP)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	560.20	528.00	562.80	517.00	0.118 times
28 Thu Mar 2024	515.40	521.50	554.00	469.90	0.536 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

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 Welspun Corp (WELCORP)

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 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 to mid 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 Welspun Corp ( (WELCORP) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

MACD generated a BUY signal for Welspun Corp in short term but the buy signal is initial and weak.

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 moving up

CCI has generated a buy signal for Welspun Corp in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 527.68 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.