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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 2024-12-17 View latest technical analysis

10 day averaged volume of Welspun I is 282643

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	171.95	178.95	178.95	171.25	1.106 times
16 Mon Dec 2024	178.45	176.75	180.85	174.50	1.819 times
13 Fri Dec 2024	175.65	168.50	176.90	166.35	1.116 times
12 Thu Dec 2024	169.45	171.20	173.50	168.70	0.515 times
11 Wed Dec 2024	172.50	173.55	174.50	171.80	0.53 times
10 Tue Dec 2024	172.75	175.25	187.80	170.40	1.693 times
09 Mon Dec 2024	173.70	165.95	175.00	165.45	2.344 times
06 Fri Dec 2024	164.20	165.85	168.95	163.35	0.339 times
05 Thu Dec 2024	165.20	165.20	169.70	163.80	0.549 times
04 Wed Dec 2024	163.35	161.70	163.90	159.25	0.31 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 171.7, but if it comes below 171.7, then a intra day sell could be more profitable.
If you take a sell trade below 171.7, then use 171.7 as stoploss and 161.19 as target. However if you take a buy trade in stock , then use 171.7 as stoploss and 184.2 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
Upside Target	172.10
Upside 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	168.52
Downside Intraday Target	165.08
Upside Intraday Target	178.12
Upside Intraday Target	184.28
Upside Intraday Target	174.68

Weekly technical analysis of Welspun I (WelspunI)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	171.95	176.75	180.85	171.25	0.472 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 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
17 Tue Dec 2024	171.95	152.65	187.80	152.00	2.133 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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.

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 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 173.06 and Welspun I (WelspunI) stock is trading below this level. This means that stock is falling with high volumes. 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.