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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.

10 day averaged volume of Welspun India is 3546930

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Dec 2023	156.80	158.95	161.80	155.95	0.641 times
30 Thu Nov 2023	156.95	156.60	159.35	155.25	0.765 times
29 Wed Nov 2023	156.25	158.70	160.70	155.00	0.762 times
28 Tue Nov 2023	157.55	162.10	163.25	157.05	1.022 times
24 Fri Nov 2023	161.10	162.80	164.60	159.80	0.669 times
23 Thu Nov 2023	161.60	162.90	165.30	160.15	0.811 times
22 Wed Nov 2023	161.85	165.10	165.95	160.25	0.968 times
21 Tue Nov 2023	165.30	162.15	166.80	160.75	1.234 times
20 Mon Nov 2023	162.05	164.35	164.65	160.10	0.946 times
17 Fri Nov 2023	163.35	162.00	164.80	158.85	1.224 times

My analysis of stock is bullish for shortterm, and stock might move up till 163.2 or till 170.9. Use a stoploss of 156.78 and if this stock hits its stoploss, then it can fall down till 150.35

Share price targets for Welspun India (WELSPUNIND)

Target Type	Value
Downside Target	108.45
Downside Target	112.60
Downside Target	115.65
Downside Target	127.80
Downside Target	146.45
Downside Target	155.00
Upside Target	158.45
Upside Target	159.80
Upside Target	161.80
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	153.45
Downside Intraday Target	150.1
Upside Intraday Target	161.7
Upside Intraday Target	166.6
Upside Intraday Target	158.35

Weekly technical analysis of Welspun India (WELSPUNIND)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Dec 2023	156.80	162.10	163.25	155.00	0.689 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
01 Fri Dec 2023	156.80	158.95	161.80	155.95	0.02 times
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	5.103 times
29 Fri Sep 2023	121.45	124.85	129.50	112.60	0.374 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 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 gaining 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 coming down

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

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

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 160.74 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.