(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 2024-12-11 View latest technical analysis
10 day averaged volume of Welspun I is 197536
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Wed Dec 2024 | 172.50 | 173.55 | 174.50 | 171.80 | 0.759 times |
| 10 Tue Dec 2024 | 172.75 | 175.25 | 187.80 | 170.40 | 2.422 times |
| 09 Mon Dec 2024 | 173.70 | 165.95 | 175.00 | 165.45 | 3.354 times |
| 06 Fri Dec 2024 | 164.20 | 165.85 | 168.95 | 163.35 | 0.485 times |
| 05 Thu Dec 2024 | 165.20 | 165.20 | 169.70 | 163.80 | 0.786 times |
| 04 Wed Dec 2024 | 163.35 | 161.70 | 163.90 | 159.25 | 0.444 times |
| 03 Tue Dec 2024 | 160.05 | 156.80 | 161.75 | 156.15 | 1.122 times |
| 02 Mon Dec 2024 | 156.70 | 152.65 | 157.30 | 152.00 | 0.606 times |
| 29 Fri Nov 2024 | 152.65 | 153.10 | 153.40 | 150.00 | 0.179 times |
| 28 Thu Nov 2024 | 151.00 | 152.90 | 154.60 | 150.70 | 0.285 times |
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 175.9, for a target of 165.3 or 156.42
Share price targets for Welspun I (WelspunI)
| Target Type | Value |
| Downside Target | 145.00 |
| Downside Target | 152.00 |
| Downside Target | 158.45 |
| Downside Target | 165.00 |
| Downside Target | 165.45 |
| Downside Target | 169.70 |
| Downside Target | 172.10 |
| Upside Target | 176.55 |
| Upside Target | 187.80 |
| Upside Target | 194.25 |
| Upside Target | 213.10 |
Intraday share price targets for Welspun I (WelspunI)
| Target Type | Value |
| Downside Intraday Target | 162.7 |
| Downside Intraday Target | 152.9 |
| Upside Intraday Target | 185.05 |
| Upside Intraday Target | 197.6 |
| Upside Intraday Target | 175.25 |
Weekly technical analysis of Welspun I (WelspunI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Wed Dec 2024 | 172.50 | 165.95 | 187.80 | 165.45 | 1.898 times |
| 06 Fri Dec 2024 | 164.20 | 152.65 | 169.70 | 152.00 | 1.831 times |
| 29 Fri Nov 2024 | 152.65 | 151.65 | 154.60 | 147.25 | 1.455 times |
| 22 Fri Nov 2024 | 149.00 | 149.75 | 152.25 | 145.00 | 0.898 times |
| 14 Thu Nov 2024 | 149.65 | 156.80 | 158.45 | 147.80 | 0.493 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 |
| 11 Wed Dec 2024 | 172.50 | 152.65 | 187.80 | 152.00 | 1.29 times |
| 29 Fri Nov 2024 | 152.65 | 154.00 | 165.00 | 145.00 | 0.391 times |
| 31 Thu Oct 2024 | 152.05 | 164.95 | 176.55 | 145.00 | 0.811 times |
| 30 Mon Sep 2024 | 163.75 | 193.35 | 194.25 | 161.10 | 0.474 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above 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 BUY signal in short term and the buying is gaining 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 168.44 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above 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 BUY signal in short term and the buying is gaining 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 168.44 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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