(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 2024-03-15 View latest technical analysis
10 day averaged volume of Welspun I is 144965
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Fri Mar 2024 | 149.00 | 146.45 | 151.95 | 144.55 | 0.659 times |
| 14 Thu Mar 2024 | 147.15 | 134.00 | 148.35 | 132.95 | 1.166 times |
| 13 Wed Mar 2024 | 136.35 | 148.25 | 149.50 | 133.45 | 1.331 times |
| 12 Tue Mar 2024 | 147.55 | 153.80 | 155.00 | 146.80 | 1.835 times |
| 11 Mon Mar 2024 | 153.70 | 148.35 | 157.50 | 143.50 | 2.529 times |
| 07 Thu Mar 2024 | 147.25 | 147.00 | 148.80 | 146.50 | 0.542 times |
| 06 Wed Mar 2024 | 146.25 | 151.55 | 152.45 | 144.90 | 0.709 times |
| 05 Tue Mar 2024 | 152.20 | 152.90 | 153.75 | 151.55 | 0.183 times |
| 04 Mon Mar 2024 | 153.80 | 155.60 | 157.45 | 152.45 | 1.248 times |
| 02 Sat Mar 2024 | 156.60 | 156.40 | 157.45 | 154.10 | 0.073 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 146.9 as stoploss in an intra day buy trade for a target of 152.44. However, stock will show a bearish move below 146.9.
Share price targets for Welspun I (WelspunI)
| Target Type | Value |
| Downside Target | 132.95 |
| Downside Target | 140.15 |
| Downside Target | 144.90 |
| Upside Target | 150.80 |
| Upside Target | 157.45 |
| Upside Target | 161.50 |
| Upside Target | 164.30 |
| Upside Target | 165.55 |
| Upside Target | 168.05 |
| Upside Target | 170.25 |
| Upside Target | 171.70 |
Intraday share price targets for Welspun I (WelspunI)
| Target Type | Value |
| Downside Intraday Target | 135.47 |
| Downside Intraday Target | 121.93 |
| Upside Intraday Target | 160.02 |
| Upside Intraday Target | 171.03 |
| Downside Intraday Target | 146.48 |
Weekly technical analysis of Welspun I (WelspunI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Fri Mar 2024 | 149.00 | 148.35 | 157.50 | 132.95 | 2.804 times |
| 07 Thu Mar 2024 | 147.25 | 155.60 | 157.45 | 144.90 | 0.287 times |
| 02 Sat Mar 2024 | 156.60 | 161.85 | 164.30 | 147.50 | 0.812 times |
| 23 Fri Feb 2024 | 161.30 | 153.65 | 168.05 | 150.80 | 3.192 times |
| 16 Fri Feb 2024 | 153.60 | 158.95 | 161.50 | 144.95 | 0.472 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 |
| 15 Fri Mar 2024 | 149.00 | 155.20 | 158.50 | 132.95 | 0.295 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 |
| 29 Fri Dec 2023 | 145.30 | 158.25 | 165.55 | 140.15 | 0.442 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 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 short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Welspun I stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Welspun I in short term and the sell signal is strong.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Welspun I in short term but BUY 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 148.46 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 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 short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Welspun I stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Welspun I in short term and the sell signal is strong.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Welspun I in short term but BUY 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 148.46 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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