(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 2024-08-29 View latest technical analysis
10 day averaged volume of Welspun I is 302471
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 196.40 | 212.00 | 213.10 | 194.10 | 9.642 times |
| 28 Wed Aug 2024 | 207.55 | 203.25 | 209.80 | 201.40 | 2.851 times |
| 27 Tue Aug 2024 | 202.60 | 203.65 | 206.25 | 199.35 | 0.925 times |
| 26 Mon Aug 2024 | 198.70 | 194.25 | 202.20 | 194.25 | 2.388 times |
| 23 Fri Aug 2024 | 197.25 | 194.85 | 198.15 | 192.05 | 0.379 times |
| 22 Thu Aug 2024 | 195.25 | 194.05 | 196.55 | 190.45 | 0.578 times |
| 21 Wed Aug 2024 | 193.75 | 186.75 | 194.90 | 185.85 | 0.953 times |
| 20 Tue Aug 2024 | 185.60 | 184.25 | 186.85 | 181.80 | 0.577 times |
| 19 Mon Aug 2024 | 182.45 | 176.00 | 184.55 | 176.00 | 0.565 times |
| 16 Fri Aug 2024 | 175.55 | 176.95 | 178.90 | 173.70 | 0.435 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 stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 196.5 as stoploss in an intra day sell trade for a target of 186.55. However, stock will show a bullish move above 196.5.
Share price targets for Welspun I (WelspunI)
| Target Type | Value |
| Downside Target | 122.60 |
| Downside Target | 135.50 |
| Downside Target | 139.25 |
| Downside Target | 149.60 |
| Downside Target | 153.00 |
| Downside Target | 163.50 |
| Downside Target | 172.10 |
| Downside Target | 176.00 |
| Downside Target | 180.40 |
| Downside Target | 191.20 |
| Downside Target | 193.80 |
| Downside Target | 194.10 |
| Upside Target | 198.15 |
| Upside Target | 213.10 |
Intraday share price targets for Welspun I (WelspunI)
| Target Type | Value |
| Downside Intraday Target | 189.3 |
| Downside Intraday Target | 182.2 |
| Upside Intraday Target | 208.3 |
| Upside Intraday Target | 220.2 |
| Upside Intraday Target | 201.2 |
Weekly technical analysis of Welspun I (WelspunI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 196.40 | 194.25 | 213.10 | 194.10 | 5.178 times |
| 23 Fri Aug 2024 | 197.25 | 176.00 | 198.15 | 176.00 | 1.637 times |
| 16 Fri Aug 2024 | 175.55 | 179.25 | 180.40 | 172.10 | 0.212 times |
| 09 Fri Aug 2024 | 177.25 | 173.05 | 193.80 | 172.10 | 1.383 times |
| 02 Fri Aug 2024 | 185.00 | 186.50 | 191.20 | 182.15 | 0.731 times |
Price has moved down 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 |
| 29 Thu Aug 2024 | 196.40 | 184.00 | 213.10 | 172.10 | 1.188 times |
| 31 Wed Jul 2024 | 183.65 | 154.00 | 191.20 | 149.60 | 2.374 times |
| 28 Fri Jun 2024 | 153.55 | 140.10 | 155.95 | 122.60 | 1.428 times |
| 31 Fri May 2024 | 136.40 | 150.05 | 153.00 | 135.50 | 0.618 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Welspun I stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Welspun I in short term and the buy signal is strong.
Welspun I Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green 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
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 197.28 and Welspun I (WelspunI) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Welspun I stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Welspun I in short term and the buy signal is strong.
Welspun I Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green 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
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 197.28 and Welspun I (WelspunI) stock is trading below this level. This means that stock is falling with high volumes. 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 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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