(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 2024-09-18 View latest technical analysis
10 day averaged volume of Welspun I is 240248
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Wed Sep 2024 | 178.45 | 179.70 | 183.70 | 176.45 | 0.806 times |
| 17 Tue Sep 2024 | 177.95 | 179.00 | 179.30 | 174.50 | 2.059 times |
| 16 Mon Sep 2024 | 178.75 | 185.85 | 186.15 | 178.00 | 0.697 times |
| 13 Fri Sep 2024 | 184.00 | 181.00 | 185.35 | 176.80 | 0.578 times |
| 12 Thu Sep 2024 | 180.65 | 180.05 | 182.50 | 178.85 | 0.76 times |
| 11 Wed Sep 2024 | 178.65 | 187.35 | 188.35 | 175.00 | 1.964 times |
| 10 Tue Sep 2024 | 186.80 | 184.05 | 187.05 | 184.00 | 0.2 times |
| 09 Mon Sep 2024 | 183.60 | 184.15 | 185.45 | 180.55 | 0.791 times |
| 06 Fri Sep 2024 | 184.15 | 189.95 | 190.40 | 182.75 | 1.134 times |
| 05 Thu Sep 2024 | 189.55 | 189.60 | 191.70 | 187.55 | 1.067 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 180.5, but if it comes above 180.5, then a intra day buy could be more profitable.
If you take a sell trade below 180.5, then use 180.5 as stoploss and 170.5 as target. However if you take a buy trade in stock , then use 180.5 as stoploss and 188.89 as target.
Share price targets for Welspun I (WelspunI)
| Target Type | Value |
| Downside Target | 122.60 |
| Downside Target | 135.50 |
| Downside Target | 149.60 |
| Downside Target | 153.00 |
| Downside Target | 172.10 |
| Upside Target | 182.15 |
| Upside Target | 186.15 |
| Upside Target | 191.20 |
| Upside Target | 194.25 |
| Upside Target | 198.15 |
| Upside Target | 213.10 |
Intraday share price targets for Welspun I (WelspunI)
| Target Type | Value |
| Downside Intraday Target | 173.25 |
| Downside Intraday Target | 168.05 |
| Upside Intraday Target | 184.9 |
| Upside Intraday Target | 191.35 |
| Upside Intraday Target | 179.7 |
Weekly technical analysis of Welspun I (WelspunI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Wed Sep 2024 | 178.45 | 185.85 | 186.15 | 174.50 | 0.83 times |
| 13 Fri Sep 2024 | 184.00 | 184.15 | 188.35 | 175.00 | 0.744 times |
| 06 Fri Sep 2024 | 184.15 | 193.35 | 194.25 | 182.15 | 0.265 times |
| 30 Fri Aug 2024 | 193.10 | 194.25 | 213.10 | 191.15 | 5.666 times |
| 23 Fri Aug 2024 | 197.25 | 176.00 | 198.15 | 176.00 | 1.637 times |
Price has moved down 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 |
| 18 Wed Sep 2024 | 178.45 | 193.35 | 194.25 | 174.50 | 0.322 times |
| 30 Fri Aug 2024 | 193.10 | 184.00 | 213.10 | 172.10 | 1.243 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 |
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Welspun I in short term but the sell signal is initial and weak.
Welspun I Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below 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 181.28 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Welspun I in short term but the sell signal is initial and weak.
Welspun I Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below 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 181.28 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 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.
Click here for Welspun I charts
Click here for further forecast and predictions for tomorrow