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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 2024-12-16 View latest technical analysis

10 day averaged volume of Welspun I is 243186

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	178.45	176.75	180.85	174.50	2.114 times
13 Fri Dec 2024	175.65	168.50	176.90	166.35	1.298 times
12 Thu Dec 2024	169.45	171.20	173.50	168.70	0.598 times
11 Wed Dec 2024	172.50	173.55	174.50	171.80	0.616 times
10 Tue Dec 2024	172.75	175.25	187.80	170.40	1.967 times
09 Mon Dec 2024	173.70	165.95	175.00	165.45	2.724 times
06 Fri Dec 2024	164.20	165.85	168.95	163.35	0.394 times
05 Thu Dec 2024	165.20	165.20	169.70	163.80	0.639 times
04 Wed Dec 2024	163.35	161.70	163.90	159.25	0.361 times
03 Tue Dec 2024	160.05	156.80	161.75	156.15	0.912 times

Stock of Welspun I (WelspunI) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 170.5, but if it comes below 170.5, then a intra day sell could be more profitable.
If you take a sell trade below 170.5, then use 170.5 as stoploss and 159.97 as target. However if you take a buy trade in stock , then use 170.5 as stoploss and 183.2 as target.

Share price targets for Welspun I (WelspunI)

Target Type	Value
Downside Target	145.00
Downside Target	152.00
Downside Target	161.10
Downside Target	165.00
Downside Target	169.70
Downside Target	174.50
Downside Target	176.55
Upside Target	180.85
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	175.02
Downside Intraday Target	171.58
Upside Intraday Target	181.37
Upside Intraday Target	184.28
Downside Intraday Target	177.93

Weekly technical analysis of Welspun I (WelspunI)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	178.45	176.75	180.85	174.50	0.294 times
13 Fri Dec 2024	175.65	165.95	187.80	165.45	2.576 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

Price has moved up 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
16 Mon Dec 2024	178.45	152.65	187.80	152.00	1.928 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, and volume has increased substantially. This means that the move can 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Welspun I in short term and BUY signal is strong.

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 172.16 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.