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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 2024-04-29 View latest technical analysis

10 day averaged volume of Welspun Corp is 672100

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	570.35	578.95	580.00	569.00	0.407 times
26 Fri Apr 2024	571.40	579.80	581.00	566.30	0.658 times
25 Thu Apr 2024	576.95	575.00	589.15	573.55	0.896 times
24 Wed Apr 2024	574.70	575.00	586.55	567.65	1.84 times
23 Tue Apr 2024	561.25	558.80	565.75	550.10	0.543 times
22 Mon Apr 2024	550.40	539.50	560.95	533.85	1.364 times
19 Fri Apr 2024	528.70	532.05	535.00	517.05	0.899 times
18 Thu Apr 2024	538.75	557.00	557.90	532.00	0.808 times
16 Tue Apr 2024	548.05	554.05	568.00	543.20	0.69 times
15 Mon Apr 2024	558.55	540.00	564.00	530.00	1.728 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 578.6 as stoploss in an intra day sell trade for a target of 560.98. However, stock will show a bullish move above 578.6.

Share price targets for Welspun Corp (WELCORP)

Target Type	Value
Downside Target	469.90
Downside Target	498.05
Downside Target	554.00
Downside Target	569.40
Upside Target	580.00
Upside Target	586.00
Upside Target	589.15
Upside Target	592.70
Upside Target	613.00
Upside Target	623.90

Intraday share price targets for Welspun Corp (WELCORP)

Target Type	Value
Downside Intraday Target	566.23
Downside Intraday Target	562.12
Upside Intraday Target	577.23
Upside Intraday Target	584.12
Upside Intraday Target	573.12

Weekly technical analysis of Welspun Corp (WELCORP)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	570.35	578.95	580.00	569.00	0.077 times
26 Fri Apr 2024	571.40	539.50	589.15	533.85	1.285 times
19 Fri Apr 2024	528.70	540.00	568.00	517.05	2.028 times
12 Fri Apr 2024	568.95	581.00	592.70	558.95	0.412 times
05 Fri Apr 2024	580.10	528.00	586.00	517.00	2.274 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
29 Mon Apr 2024	570.35	528.00	592.70	517.00	1.207 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 mid to longer 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.

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

MACD generated a BUY signal for Welspun Corp in short term and the buy 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term and the buying is gaining 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 558.52 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 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 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.