(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)
Showing technical analysis as on 2023-03-09 View latest technical analysis
10 day averaged volume of Welspun I is 46915
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Thu Mar 2023 | 68.28 | 69.52 | 70.37 | 68.10 | 0.944 times |
| 08 Wed Mar 2023 | 69.83 | 69.25 | 70.25 | 68.40 | 1.241 times |
| 06 Mon Mar 2023 | 69.24 | 67.56 | 69.64 | 67.56 | 1.366 times |
| 03 Fri Mar 2023 | 67.87 | 67.54 | 68.44 | 67.35 | 1.334 times |
| 02 Thu Mar 2023 | 67.54 | 68.05 | 69.00 | 67.25 | 0.891 times |
| 01 Wed Mar 2023 | 68.51 | 67.84 | 68.77 | 66.60 | 1.224 times |
| 28 Tue Feb 2023 | 66.45 | 67.05 | 67.80 | 65.95 | 0.603 times |
| 27 Mon Feb 2023 | 66.90 | 68.85 | 68.85 | 66.65 | 1.179 times |
| 24 Fri Feb 2023 | 68.50 | 68.25 | 69.05 | 68.25 | 0.228 times |
| 23 Thu Feb 2023 | 68.45 | 69.45 | 69.45 | 67.45 | 1.284 times |
My analysis of stock is bearish for shortterm, and stock might move down till 67.6 or till 66. Use a stoploss of 68.92 and if the stock hits stoploss, then it can shoot up till 70.27
Share price targets for Welspun I (WelspunI)
| Target Type | Value |
| Downside Target | 63.60 |
| Downside Target | 65.25 |
| Upside Target | 70.37 |
| Upside Target | 71.45 |
| Upside Target | 71.90 |
| Upside Target | 73.00 |
| Upside Target | 74.60 |
| Upside Target | 77.65 |
| Upside Target | 83.45 |
| Upside Target | 84.00 |
Intraday share price targets for Welspun I (WelspunI)
| Target Type | Value |
| Downside Intraday Target | 67.1 |
| Downside Intraday Target | 65.93 |
| Upside Intraday Target | 69.91 |
| Upside Intraday Target | 71.55 |
| Upside Intraday Target | 68.74 |
Weekly technical analysis of Welspun I (WelspunI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Thu Mar 2023 | 68.28 | 67.56 | 70.37 | 67.56 | 0.679 times |
| 03 Fri Mar 2023 | 67.87 | 68.85 | 69.00 | 65.95 | 1.745 times |
| 24 Fri Feb 2023 | 68.50 | 71.00 | 71.90 | 67.45 | 0.451 times |
| 17 Fri Feb 2023 | 71.10 | 68.05 | 73.00 | 67.90 | 0.654 times |
| 10 Fri Feb 2023 | 68.10 | 69.90 | 71.45 | 66.95 | 0.363 times |
Price has moved up 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 |
| 09 Thu Mar 2023 | 68.28 | 67.84 | 70.37 | 66.60 | 0.156 times |
| 28 Tue Feb 2023 | 66.45 | 67.35 | 73.00 | 63.60 | 1.496 times |
| 31 Tue Jan 2023 | 67.30 | 77.20 | 77.65 | 65.25 | 0.42 times |
| 30 Fri Dec 2022 | 77.10 | 82.70 | 83.45 | 67.35 | 1.235 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 I (WelspunI)
Price action analysis of Welspun I ( (WelspunI) ) based on a short 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 I ( (WelspunI) ) based on a short 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 I ( (WelspunI) ) based on a short to mid 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 I ( (WelspunI) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Welspun I stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Welspun I in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Welspun I in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Welspun I is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 68.27 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 negative.
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 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 I ( (WelspunI) ) based on a short 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 I ( (WelspunI) ) based on a short to mid 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 I ( (WelspunI) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Welspun I stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Welspun I in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Welspun I in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Welspun I is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 68.27 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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