(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 2024-06-26 View latest technical analysis
10 day averaged volume of Welspun I is 132044
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Wed Jun 2024 | 150.25 | 145.50 | 151.00 | 145.50 | 3.797 times |
| 25 Tue Jun 2024 | 145.20 | 148.05 | 148.10 | 144.70 | 0.453 times |
| 24 Mon Jun 2024 | 144.50 | 145.00 | 146.20 | 143.50 | 0.847 times |
| 21 Fri Jun 2024 | 144.50 | 145.00 | 146.20 | 143.50 | 0.847 times |
| 20 Thu Jun 2024 | 146.35 | 145.50 | 147.85 | 143.40 | 0.816 times |
| 19 Wed Jun 2024 | 144.30 | 148.80 | 149.75 | 144.05 | 1.232 times |
| 18 Tue Jun 2024 | 148.45 | 147.95 | 149.20 | 145.45 | 1.046 times |
| 14 Fri Jun 2024 | 140.75 | 140.00 | 144.50 | 139.70 | 0.928 times |
| 13 Thu Jun 2024 | 140.75 | 140.00 | 144.50 | 139.70 | 0.928 times |
| 12 Wed Jun 2024 | 138.45 | 139.15 | 142.10 | 137.10 | 1.401 times |
Stock of Welspun I (WelspunI) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 152.3, for a target of 145.8 or 140.29
Share price targets for Welspun I (WelspunI)
| Target Type | Value |
| Downside Target | 122.60 |
| Downside Target | 132.95 |
| Downside Target | 144.85 |
| Downside Target | 144.95 |
| Downside Target | 149.75 |
| Upside Target | 151.00 |
| Upside Target | 153.00 |
| Upside Target | 158.50 |
| Upside Target | 163.50 |
| Upside Target | 168.05 |
Intraday share price targets for Welspun I (WelspunI)
| Target Type | Value |
| Downside Intraday Target | 145.5 |
| Downside Intraday Target | 140.75 |
| Upside Intraday Target | 153 |
| Upside Intraday Target | 155.75 |
| Downside Intraday Target | 148.25 |
Weekly technical analysis of Welspun I (WelspunI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Wed Jun 2024 | 150.25 | 145.00 | 151.00 | 143.50 | 1.293 times |
| 21 Fri Jun 2024 | 144.50 | 147.95 | 149.75 | 143.40 | 0.613 times |
| 14 Fri Jun 2024 | 140.75 | 138.75 | 144.50 | 137.10 | 1.274 times |
| 07 Fri Jun 2024 | 137.40 | 140.10 | 141.10 | 122.60 | 2.047 times |
| 31 Fri May 2024 | 136.40 | 143.55 | 144.85 | 135.50 | 0.994 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 |
| 26 Wed Jun 2024 | 150.25 | 140.10 | 151.00 | 122.60 | 1.121 times |
| 31 Fri May 2024 | 136.40 | 150.05 | 153.00 | 135.50 | 0.618 times |
| 30 Tue Apr 2024 | 149.90 | 139.25 | 163.50 | 139.25 | 1.514 times |
| 28 Thu Mar 2024 | 137.65 | 155.20 | 158.50 | 132.95 | 0.492 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 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 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 and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 145.48 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 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 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 and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 145.48 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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