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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 2024-12-12 View latest technical analysis

10 day averaged volume of Welspun I is 206265

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	169.45	171.20	173.50	168.70	0.705 times
11 Wed Dec 2024	172.50	173.55	174.50	171.80	0.727 times
10 Tue Dec 2024	172.75	175.25	187.80	170.40	2.319 times
09 Mon Dec 2024	173.70	165.95	175.00	165.45	3.212 times
06 Fri Dec 2024	164.20	165.85	168.95	163.35	0.464 times
05 Thu Dec 2024	165.20	165.20	169.70	163.80	0.753 times
04 Wed Dec 2024	163.35	161.70	163.90	159.25	0.425 times
03 Tue Dec 2024	160.05	156.80	161.75	156.15	1.075 times
02 Mon Dec 2024	156.70	152.65	157.30	152.00	0.58 times
29 Fri Nov 2024	152.65	153.10	153.40	150.00	0.172 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 166.5, but if it comes below 166.5, then a intra day sell could be more profitable.
If you take a sell trade below 166.5, then use 166.5 as stoploss and 157.18 as target. However if you take a buy trade in stock , then use 166.5 as stoploss and 177.6 as target.

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
Upside Target	169.70
Upside 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	160.67
Downside Intraday Target	151.88
Upside Intraday Target	183.02
Upside Intraday Target	196.58
Upside Intraday Target	174.23

Weekly technical analysis of Welspun I (WelspunI)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	169.45	165.95	187.80	165.45	2.112 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
12 Thu Dec 2024	169.45	152.65	187.80	152.00	1.385 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 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. 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 BUY signal in short term but buying is losing 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 168.96 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.