(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
Click here for further forecast and predictions for tomorrow