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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 2024-04-03 View latest technical analysis

10 day averaged volume of Welspun Corp is 421083

Date	Daily Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	561.50	555.50	564.90	545.10	0.561 times
02 Tue Apr 2024	560.20	558.00	562.80	552.80	1.032 times
01 Mon Apr 2024	551.75	528.00	553.00	517.00	1.597 times
28 Thu Mar 2024	515.40	515.50	522.60	513.55	0.66 times
27 Wed Mar 2024	513.85	527.00	527.00	510.25	1.76 times
26 Tue Mar 2024	518.45	532.10	536.70	515.00	1.047 times
22 Fri Mar 2024	535.95	526.40	544.50	522.00	1.168 times
21 Thu Mar 2024	524.15	514.20	531.00	510.00	0.726 times
20 Wed Mar 2024	506.15	500.95	508.95	500.95	0.414 times
19 Tue Mar 2024	500.85	518.80	519.00	496.60	0.635 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 548.2, but if it comes below 548.2, then a intra day sell could be more profitable.
If you take a sell trade below 548.2, then use 548.2 as stoploss and 528.49 as target. However if you take a buy trade in stock , then use 548.2 as stoploss and 571.9 as target.

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	564.90
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	530.7
Downside Intraday Target	499.9
Upside Intraday Target	578.6
Upside Intraday Target	595.7
Downside Intraday Target	547.8

Weekly technical analysis of Welspun Corp (WELCORP)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	561.50	528.00	564.90	517.00	0.92 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
03 Wed Apr 2024	561.50	528.00	564.90	517.00	0.144 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 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 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 mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Welspun Corp stock for short term is BUY. Signal strength is Weak and stock is losing 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 SELL signal for Welspun Corp in short term but SELL signal is weak.

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 530.81 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.