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(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

Daily charts

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Daily chart
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