(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 2024-10-07 View latest technical analysis
10 day averaged volume of Welspun I is 298307
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Mon Oct 2024 | 158.05 | 169.75 | 169.75 | 156.50 | 0.83 times |
| 03 Thu Oct 2024 | 169.35 | 173.85 | 176.20 | 168.25 | 0.731 times |
| 01 Tue Oct 2024 | 175.00 | 164.95 | 176.55 | 161.10 | 4.067 times |
| 30 Mon Sep 2024 | 163.75 | 163.45 | 165.85 | 161.10 | 1.232 times |
| 27 Fri Sep 2024 | 165.65 | 166.00 | 167.65 | 165.00 | 0.537 times |
| 26 Thu Sep 2024 | 165.70 | 168.70 | 171.10 | 165.10 | 0.363 times |
| 25 Wed Sep 2024 | 168.45 | 170.25 | 171.05 | 167.25 | 0.598 times |
| 24 Tue Sep 2024 | 171.35 | 173.25 | 174.00 | 171.00 | 0.582 times |
| 23 Mon Sep 2024 | 173.75 | 174.20 | 175.50 | 171.10 | 1.035 times |
| 20 Fri Sep 2024 | 171.90 | 178.00 | 179.05 | 170.15 | 0.578 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 158, for a target of 167.1 or 174.66
Share price targets for Welspun I (WelspunI)
| Target Type | Value |
| Downside Target | 122.60 |
| Downside Target | 149.60 |
| Downside Target | 155.95 |
| Upside Target | 161.10 |
| Upside Target | 165.00 |
| Upside Target | 169.75 |
| Upside Target | 176.55 |
| Upside Target | 186.15 |
| Upside Target | 188.35 |
| Upside Target | 191.20 |
| Upside Target | 194.25 |
| Upside Target | 213.10 |
Intraday share price targets for Welspun I (WelspunI)
| Target Type | Value |
| Downside Intraday Target | 153.12 |
| Downside Intraday Target | 148.18 |
| Upside Intraday Target | 166.37 |
| Upside Intraday Target | 174.68 |
| Upside Intraday Target | 161.43 |
Weekly technical analysis of Welspun I (WelspunI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Mon Oct 2024 | 158.05 | 169.75 | 169.75 | 156.50 | 0.138 times |
| 03 Thu Oct 2024 | 169.35 | 163.45 | 176.55 | 161.10 | 1.936 times |
| 27 Fri Sep 2024 | 165.65 | 174.20 | 175.50 | 165.00 | 0.837 times |
| 20 Fri Sep 2024 | 171.90 | 185.85 | 186.15 | 170.15 | 1.077 times |
| 13 Fri Sep 2024 | 184.00 | 184.15 | 188.35 | 175.00 | 0.744 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 |
| 07 Mon Oct 2024 | 158.05 | 164.95 | 176.55 | 156.50 | 0.348 times |
| 30 Mon Sep 2024 | 163.75 | 193.35 | 194.25 | 161.10 | 0.474 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 |
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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Welspun I ( (WelspunI) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Welspun I in short term and the sell signal is strong.
Welspun I Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Welspun I in short term and SELL signal is strong!
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 170.3 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Welspun I ( (WelspunI) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Welspun I in short term and the sell signal is strong.
Welspun I Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Welspun I in short term and SELL signal is strong!
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 170.3 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