(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 105145
Date | Daily Closing Price | Open | High | Low | Volume |
03 Tue Oct 2023 | 119.15 | 122.65 | 122.65 | 116.85 | 0.713 times |
29 Fri Sep 2023 | 121.40 | 123.50 | 123.50 | 120.90 | 0.513 times |
28 Thu Sep 2023 | 121.05 | 123.40 | 124.05 | 120.50 | 0.293 times |
27 Wed Sep 2023 | 123.40 | 125.00 | 125.00 | 122.20 | 0.877 times |
26 Tue Sep 2023 | 124.05 | 123.35 | 126.10 | 122.70 | 0.824 times |
25 Mon Sep 2023 | 122.10 | 121.00 | 123.40 | 120.10 | 0.773 times |
22 Fri Sep 2023 | 120.85 | 122.35 | 122.45 | 118.90 | 0.923 times |
21 Thu Sep 2023 | 121.65 | 122.55 | 125.10 | 121.05 | 0.996 times |
20 Wed Sep 2023 | 123.60 | 120.60 | 125.90 | 120.60 | 2.866 times |
18 Mon Sep 2023 | 122.15 | 123.45 | 124.45 | 121.95 | 0.396 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 120.4, but if it comes above 120.4, then a intra day buy could be more profitable.
If you take a sell trade below 120.4, then use 120.4 as stoploss and 117.9 as target. However if you take a buy trade in stock , then use 120.4 as stoploss and 122.58 as target.
Share price targets for Welspun I (WelspunI)
Target Type | Value |
Downside Target | 90.90 |
Downside Target | 104.50 |
Downside Target | 108.50 |
Downside Target | 112.45 |
Downside Target | 114.95 |
Upside Target | 122.65 |
Upside Target | 122.70 |
Upside Target | 125.90 |
Upside Target | 126.10 |
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 | 116.45 |
Downside Intraday Target | 113.75 |
Upside Intraday Target | 122.25 |
Upside Intraday Target | 125.35 |
Upside Intraday Target | 119.55 |
Weekly technical analysis of Welspun I (WelspunI)
Date | Weekly Closing Price | Open | High | Low | Volume |
03 Tue Oct 2023 | 119.15 | 122.65 | 122.65 | 116.85 | 0.217 times |
29 Fri Sep 2023 | 121.40 | 121.00 | 126.10 | 120.10 | 0.633 times |
22 Fri Sep 2023 | 120.85 | 123.45 | 125.90 | 118.90 | 0.347 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 |
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 |
03 Tue Oct 2023 | 119.15 | 122.65 | 122.65 | 116.85 | 0.021 times |
29 Fri Sep 2023 | 121.40 | 125.00 | 129.40 | 112.45 | 0.427 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 |
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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 SELL. Signal strength is Strong 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 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 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 122.39 and Welspun I (WelspunI) 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 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 SELL. Signal strength is Strong 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 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 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 122.39 and Welspun I (WelspunI) 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 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