(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 135178
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Wed Apr 2024 | 159.25 | 162.25 | 163.40 | 158.35 | 3.779 times |
| 23 Tue Apr 2024 | 161.15 | 150.00 | 162.00 | 150.00 | 2.071 times |
| 22 Mon Apr 2024 | 148.80 | 147.70 | 150.65 | 147.45 | 0.614 times |
| 19 Fri Apr 2024 | 146.25 | 144.20 | 146.80 | 143.05 | 0.537 times |
| 18 Thu Apr 2024 | 147.15 | 148.65 | 149.70 | 145.70 | 1.127 times |
| 16 Tue Apr 2024 | 146.50 | 145.80 | 149.55 | 145.80 | 0.274 times |
| 15 Mon Apr 2024 | 148.60 | 141.05 | 151.00 | 141.05 | 2.007 times |
| 12 Fri Apr 2024 | 151.70 | 152.20 | 155.20 | 150.80 | 0.889 times |
| 10 Wed Apr 2024 | 153.25 | 156.00 | 160.00 | 152.50 | 1.523 times |
| 09 Tue Apr 2024 | 154.35 | 153.25 | 156.25 | 151.65 | 0.63 times |
Stock of Welspun I (WelspunI) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 156.6, but if it comes below 156.6, then a intra day sell could be more profitable.
If you take a sell trade below 156.6, then use 156.6 as stoploss and 150.03 as target. However if you take a buy trade in stock , then use 156.6 as stoploss and 164.6 as target.
Share price targets for Welspun I (WelspunI)
| Target Type | Value |
| Downside Target | 132.95 |
| Downside Target | 136.30 |
| Downside Target | 139.25 |
| Downside Target | 144.40 |
| Downside Target | 150.80 |
| Downside Target | 158.50 |
| Upside Target | 159.40 |
| Upside Target | 160.00 |
| Upside Target | 163.40 |
| Upside Target | 165.55 |
| Upside Target | 168.05 |
| Upside Target | 171.70 |
Intraday share price targets for Welspun I (WelspunI)
| Target Type | Value |
| Downside Intraday Target | 150 |
| Downside Intraday Target | 140.75 |
| Upside Intraday Target | 165.95 |
| Upside Intraday Target | 172.65 |
| Downside Intraday Target | 156.7 |
Weekly technical analysis of Welspun I (WelspunI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Wed Apr 2024 | 159.25 | 147.70 | 163.40 | 147.45 | 1.638 times |
| 19 Fri Apr 2024 | 146.25 | 141.05 | 151.00 | 141.05 | 1.171 times |
| 12 Fri Apr 2024 | 151.70 | 156.00 | 160.00 | 150.80 | 0.415 times |
| 05 Fri Apr 2024 | 154.80 | 139.25 | 159.40 | 139.25 | 2.635 times |
| 28 Thu Mar 2024 | 137.65 | 140.50 | 144.40 | 136.30 | 0.673 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Welspun I (WelspunI)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 24 Wed Apr 2024 | 159.25 | 139.25 | 163.40 | 139.25 | 1.147 times |
| 28 Thu Mar 2024 | 137.65 | 155.20 | 158.50 | 132.95 | 0.492 times |
| 29 Thu Feb 2024 | 154.70 | 166.50 | 168.05 | 144.95 | 0.998 times |
| 31 Wed Jan 2024 | 163.30 | 146.35 | 171.70 | 133.20 | 1.149 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 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 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 mid to longer 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.
ADX buy sell signal for Welspun I stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Welspun I in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Welspun I Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Welspun I in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 154.28 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 rising upwards.
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 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.
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 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 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 mid to longer 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.
ADX buy sell signal for Welspun I stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Welspun I in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Welspun I Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Welspun I in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 154.28 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 rising upwards.
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 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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