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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.

10 day averaged volume of Welspun Corp is 584849

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	548.05	554.05	568.00	543.20	0.793 times
15 Mon Apr 2024	558.55	540.00	564.00	530.00	1.986 times
12 Fri Apr 2024	568.95	567.00	577.00	564.00	0.661 times
10 Wed Apr 2024	565.15	574.05	574.50	558.95	0.378 times
09 Tue Apr 2024	568.65	582.65	587.55	565.75	0.534 times
08 Mon Apr 2024	585.20	581.00	592.70	575.30	0.764 times
05 Fri Apr 2024	580.10	583.50	583.50	566.55	1.736 times
04 Thu Apr 2024	583.65	562.30	586.00	554.00	1.643 times
03 Wed Apr 2024	561.50	555.50	564.90	545.10	0.404 times
02 Tue Apr 2024	560.20	558.00	562.80	552.80	0.743 times

My analysis of stock is bullish for shortterm, and stock might move up till 571.2 or till 604.1. Use a stoploss of 543.72 and if this stock hits its stoploss, then it can fall down till 516.28

Share price targets for Welspun Corp (WELCORP)

Target Type	Value
Downside Target	469.90
Downside Target	496.60
Upside Target	554.00
Upside Target	558.95
Upside Target	568.00
Upside Target	569.40
Upside Target	586.00
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	529.37
Downside Intraday Target	510.68
Upside Intraday Target	567.37
Upside Intraday Target	586.68
Upside Intraday Target	548.68

Weekly technical analysis of Welspun Corp (WELCORP)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	548.05	540.00	568.00	530.00	1.189 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
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

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
16 Tue Apr 2024	548.05	528.00	592.70	517.00	0.674 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 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 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 short to mid 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 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 Weak and stock is losing momentum.

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

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

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 but selling is losing 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 569.74 and Welspun Corp (WELCORP) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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.