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(WELSPUNIND) Welspun India complete technical analysis [charts+indicators] | Buy/Sell Welspun India | (WELSPUNIND) share price targets

Complete technical analysis of Welspun India (WELSPUNIND) by charts plus indicators, forecast predictions and share price targets for Welspun India (WELSPUNIND)

Welspun India trades in NSE in Textiles sector.

Showing technical analysis as on 2023-11-30 View latest technical analysis

10 day averaged volume of Welspun India is 5084435

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu Nov 2023	156.95	156.60	159.35	155.25	0.534 times
29 Wed Nov 2023	156.25	158.70	160.70	155.00	0.532 times
28 Tue Nov 2023	157.55	162.10	163.25	157.05	0.713 times
24 Fri Nov 2023	161.10	162.80	164.60	159.80	0.467 times
23 Thu Nov 2023	161.60	162.90	165.30	160.15	0.566 times
22 Wed Nov 2023	161.85	165.10	165.95	160.25	0.675 times
21 Tue Nov 2023	165.30	162.15	166.80	160.75	0.861 times
20 Mon Nov 2023	162.05	164.35	164.65	160.10	0.66 times
17 Fri Nov 2023	163.35	162.00	164.80	158.85	0.854 times
16 Thu Nov 2023	162.65	169.45	169.45	161.60	1.115 times

My analysis of stock is bullish for shortterm, and stock might move up till 163 or till 171. Use a stoploss of 156.39 and if this stock hits its stoploss, then it can fall down till 149.74

Share price targets for Welspun India (WELSPUNIND)

Target Type	Value
Downside Target	92.50
Downside Target	108.45
Downside Target	112.60
Downside Target	115.00
Downside Target	127.80
Downside Target	146.45
Downside Target	155.00
Upside Target	158.45
Upside Target	159.80
Upside Target	163.25
Upside Target	166.80
Upside Target	169.95

Intraday share price targets for Welspun India (WELSPUNIND)

Target Type	Value
Downside Intraday Target	153.55
Downside Intraday Target	150.15
Upside Intraday Target	161.8
Upside Intraday Target	166.65
Upside Intraday Target	158.4

Weekly technical analysis of Welspun India (WELSPUNIND)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu Nov 2023	156.95	162.10	163.25	155.00	0.551 times
24 Fri Nov 2023	161.10	164.35	166.80	159.80	0.431 times
17 Fri Nov 2023	163.35	149.95	169.95	148.90	1.801 times
10 Fri Nov 2023	148.85	149.95	156.30	147.10	0.243 times
03 Fri Nov 2023	148.20	149.50	158.45	146.45	1.033 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 India (WELSPUNIND)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Thu Nov 2023	156.95	150.40	169.95	146.45	0.59 times
31 Tue Oct 2023	150.40	122.00	158.00	115.65	5.537 times
29 Fri Sep 2023	121.45	124.85	129.50	112.60	0.345 times
31 Thu Aug 2023	124.85	110.70	127.80	108.45	1.008 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 India (WELSPUNIND)

Price action analysis of Welspun India ( (WELSPUNIND) ) 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 India ( (WELSPUNIND) ) 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 India ( (WELSPUNIND) ) based on a mid to longer 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.

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

MACD generated a SELL signal for Welspun India in short term but the sell signal is initial and weak.

Welspun India Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Welspun India in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Welspun India is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 161.29 and Welspun India (WELSPUNIND) 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 India (WELSPUNIND) stock. Volume based technical analysis of Welspun India (WELSPUNIND) stock is negative.

Welspun India 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.