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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 2024-11-22 View latest technical analysis

10 day averaged volume of Welspun Corp is 975414

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	700.60	698.35	705.00	688.00	0.789 times
21 Thu Nov 2024	691.50	682.70	693.65	650.15	1.106 times
19 Tue Nov 2024	686.90	679.95	702.00	676.50	0.806 times
18 Mon Nov 2024	675.90	680.00	699.00	671.30	0.448 times
14 Thu Nov 2024	678.30	689.00	703.20	673.50	0.639 times
13 Wed Nov 2024	690.10	728.05	735.00	686.00	0.774 times
12 Tue Nov 2024	734.20	746.05	764.95	730.00	1.004 times
11 Mon Nov 2024	765.25	727.70	772.95	727.70	1.286 times
08 Fri Nov 2024	774.90	799.00	804.00	766.10	0.646 times
07 Thu Nov 2024	798.65	784.85	806.00	771.80	2.167 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 691.1 as stoploss in an intra day buy trade for a target of 724.53. However, stock will show a bearish move below 691.1.

Share price targets for Welspun Corp (WELCORP)

Target Type	Value
Downside Target	544.85
Downside Target	600.60
Downside Target	650.15
Upside Target	705.00
Upside Target	735.00
Upside Target	739.00
Upside Target	750.00
Upside Target	769.30
Upside Target	772.95
Upside Target	794.75
Upside Target	806.00

Intraday share price targets for Welspun Corp (WELCORP)

Target Type	Value
Downside Intraday Target	665.5
Downside Intraday Target	630.4
Upside Intraday Target	720.35
Upside Intraday Target	740.1
Downside Intraday Target	685.25

Weekly technical analysis of Welspun Corp (WELCORP)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	700.60	680.00	705.00	650.15	0.851 times
14 Thu Nov 2024	678.30	727.70	772.95	673.50	0.562 times
08 Fri Nov 2024	774.90	745.00	806.00	716.15	4.848 times
01 Fri Nov 2024	733.40	690.00	735.00	690.00	0.337 times
25 Fri Oct 2024	697.65	715.60	739.00	668.00	1.802 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
22 Fri Nov 2024	700.60	731.95	806.00	650.15	0.858 times
31 Thu Oct 2024	727.85	767.00	794.75	662.00	0.876 times
30 Mon Sep 2024	766.30	713.40	769.30	655.00	0.546 times
30 Fri Aug 2024	708.40	644.00	750.00	600.60	1.003 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 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Welspun Corp in short term but BUY signal is weak.

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 733.99 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.