(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 2024-06-27 View latest technical analysis
10 day averaged volume of Welspun I is 162369
Date | Daily Closing Price | Open | High | Low | Volume |
27 Thu Jun 2024 | 151.75 | 152.45 | 154.75 | 148.55 | 2.006 times |
26 Wed Jun 2024 | 150.25 | 145.50 | 151.00 | 145.50 | 3.088 times |
25 Tue Jun 2024 | 145.20 | 148.05 | 148.10 | 144.70 | 0.369 times |
24 Mon Jun 2024 | 144.50 | 145.00 | 146.20 | 143.50 | 0.689 times |
21 Fri Jun 2024 | 144.50 | 145.00 | 146.20 | 143.50 | 0.689 times |
20 Thu Jun 2024 | 146.35 | 145.50 | 147.85 | 143.40 | 0.664 times |
19 Wed Jun 2024 | 144.30 | 148.80 | 149.75 | 144.05 | 1.002 times |
18 Tue Jun 2024 | 148.45 | 147.95 | 149.20 | 145.45 | 0.851 times |
14 Fri Jun 2024 | 140.75 | 140.00 | 144.50 | 139.70 | 0.755 times |
13 Thu Jun 2024 | 140.75 | 140.00 | 144.50 | 139.70 | 0.755 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 154.1, for a target of 146.9 or 140.86
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 | 153.00 |
Upside Target | 154.75 |
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 | 145.25 |
Downside Intraday Target | 138.75 |
Upside Intraday Target | 156.5 |
Upside Intraday Target | 161.25 |
Downside Intraday Target | 150 |
Weekly technical analysis of Welspun I (WelspunI)
Date | Weekly Closing Price | Open | High | Low | Volume |
27 Thu Jun 2024 | 151.75 | 145.00 | 154.75 | 143.50 | 1.919 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, 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 |
27 Thu Jun 2024 | 151.75 | 140.10 | 154.75 | 122.60 | 1.256 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 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 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 green color and prices are above the green 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 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 147.38 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 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 green color and prices are above the green 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 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 147.38 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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