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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 1818019

Date Daily Closing Price Open High Low Volume
16 Fri Apr 2021 81.20 77.80 82.00 77.70 1.034 times
15 Thu Apr 2021 77.65 78.50 79.50 75.55 0.637 times
13 Tue Apr 2021 77.55 78.25 80.95 77.25 0.635 times
12 Mon Apr 2021 77.75 81.00 82.60 76.90 1.353 times
09 Fri Apr 2021 84.30 84.85 87.50 82.80 1.787 times
08 Thu Apr 2021 84.95 80.90 87.00 80.65 2.552 times
07 Wed Apr 2021 80.15 82.50 82.50 79.60 0.466 times
06 Tue Apr 2021 81.35 82.65 83.90 80.55 0.437 times
05 Mon Apr 2021 83.15 85.00 85.40 80.40 0.577 times
01 Thu Apr 2021 84.75 82.00 85.35 81.90 0.964 times

My analysis of stock is bullish for shortterm, and stock might move up till 83.4 or till 86.5. Use a stoploss of 80.84 and if this stock hits its stoploss, then it can fall down till 78.28

Share price targets for Welspun India (WELSPUNIND)

Target Type Value
Downside Target 64.85
Downside Target 67.40
Downside Target 72.65
Downside Target 75.00
Downside Target 77.75
Downside Target 79.60
Upside Target 82.60
Upside Target 84.65
Upside Target 85.45
Upside Target 87.50
Upside Target 87.60

Intraday share price targets for Welspun India (WELSPUNIND)

Target Type Value
Downside Intraday Target 76.97
Downside Intraday Target 72.73
Upside Intraday Target 84.02
Upside Intraday Target 86.83
Downside Intraday Target 79.78

Weekly technical analysis of Welspun India (WELSPUNIND)

Date Weekly Closing Price Open High Low Volume
16 Fri Apr 2021 81.20 81.00 82.60 75.55 0.629 times
09 Fri Apr 2021 84.30 85.00 87.50 79.60 2.408 times
01 Thu Apr 2021 84.75 84.00 85.45 80.00 0.438 times
26 Fri Mar 2021 83.60 81.45 84.65 76.10 0.484 times
19 Fri Mar 2021 80.70 82.00 87.60 72.65 1.178 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
16 Fri Apr 2021 81.20 82.00 87.50 75.55 0.3 times
31 Wed Mar 2021 80.85 69.50 87.60 67.40 3.91 times
25 Thu Feb 2021 71.85 67.00 75.00 65.40 0.921 times
29 Fri Jan 2021 66.10 68.75 75.00 64.85 0.87 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)

Indicator Name Indicator Value Indicator Signal
ADX 21, 22, 4 Sell
MACD 3, 4Sell
Stochastics 24Sell
CCI -35Buy
RSI 61Buy
OBV -3722319Sell
VWAP 82Sell
ADL 0Sell
ROC 0Buy
Force Index 0Sell

Price action analysis of Welspun India ( (WELSPUNIND) ) 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 SELL. Signal strength is Weak 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 weakening, and bulls are picking up momentum!

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

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 82.16 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 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.

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Daily charts

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