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

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

10 day averaged volume of Welspun I is 253483

Date Daily Closing Price Open High Low Volume
21 Thu Sep 2023 121.65 122.55 125.10 121.05 0.413 times
20 Wed Sep 2023 123.60 120.60 125.90 120.60 1.189 times
18 Mon Sep 2023 122.15 123.45 124.45 121.95 0.164 times
15 Fri Sep 2023 123.40 122.30 124.50 121.85 0.639 times
14 Thu Sep 2023 122.30 121.20 123.90 121.10 0.571 times
13 Wed Sep 2023 120.80 117.50 121.55 112.45 1.283 times
12 Tue Sep 2023 117.10 124.20 127.00 112.50 2.724 times
11 Mon Sep 2023 124.80 123.30 126.15 123.25 0.971 times
08 Fri Sep 2023 123.25 125.05 126.75 122.70 0.509 times
07 Thu Sep 2023 124.85 126.95 127.65 124.25 0.9 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 121.1 as stoploss in an intra day buy trade for a target of 122.98. However, stock will show a bearish move below 121.1.

Share price targets for Welspun I (WelspunI)

Target Type Value
Downside Target 87.52
Downside Target 90.90
Downside Target 104.50
Downside Target 108.50
Downside Target 112.45
Downside Target 120.60
Upside Target 125.90
Upside Target 126.70
Upside Target 127.00
Upside Target 128.00
Upside Target 129.40

Intraday share price targets for Welspun I (WelspunI)

Target Type Value
Downside Intraday Target 119.53
Downside Intraday Target 117.42
Upside Intraday Target 124.83
Upside Intraday Target 128.02
Upside Intraday Target 122.72

Weekly technical analysis of Welspun I (WelspunI)

Date Weekly Closing Price Open High Low Volume
21 Thu Sep 2023 121.65 123.45 125.90 120.60 0.285 times
15 Fri Sep 2023 123.40 123.30 127.00 112.45 1.461 times
08 Fri Sep 2023 123.25 123.15 129.40 122.70 1.241 times
01 Fri Sep 2023 123.60 121.55 128.00 120.75 0.445 times
25 Fri Aug 2023 121.40 114.55 126.70 113.85 3.221 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 I (WelspunI)

Date Monthly Closing Price Open High Low Volume
21 Thu Sep 2023 121.65 125.00 129.40 112.45 0.375 times
31 Thu Aug 2023 124.80 111.00 128.00 108.50 1.197 times
31 Mon Jul 2023 109.71 92.34 114.95 92.34 1.338 times
30 Fri Jun 2023 92.57 92.22 104.50 90.90 0.567 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 I (WelspunI)

Price action analysis of Welspun I ( (WelspunI) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Welspun I ( (WelspunI) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Welspun I ( (WelspunI) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Welspun I ( (WelspunI) ) 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 I stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

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

Welspun I 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 SELL signal for Welspun I 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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 121.35 and Welspun I (WelspunI) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Welspun I (WelspunI) stock. Volume based technical analysis of Welspun I (WelspunI) stock is negative.

Welspun I 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.

Price action analysis of Welspun I ( (WelspunI) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Welspun I ( (WelspunI) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Welspun I ( (WelspunI) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Welspun I ( (WelspunI) ) 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 I stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

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

Welspun I 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 SELL signal for Welspun I 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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 121.35 and Welspun I (WelspunI) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Welspun I (WelspunI) stock. Volume based technical analysis of Welspun I (WelspunI) stock is negative.

Welspun I 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.

Click here for Welspun I charts

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Daily charts

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Daily chart
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