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(WelspunInv) Welspun Inv complete technical analysis [charts+indicators] | Buy/Sell Welspun Inv | (WelspunInv) share price targets

Complete technical analysis of Welspun Inv (WelspunInv) by charts plus indicators, forecast predictions and share price targets for Welspun Inv (WelspunInv)

Showing technical analysis as on 2023-01-03 View latest technical analysis

10 day averaged volume of Welspun Inv is 258

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Jan 2023	305.00	305.00	308.85	305.00	0.465 times
02 Mon Jan 2023	294.15	288.15	298.55	288.15	3.674 times
30 Fri Dec 2022	284.35	275.60	284.35	272.80	1.089 times
29 Thu Dec 2022	281.60	276.55	281.60	273.60	0.054 times
28 Wed Dec 2022	275.25	281.40	284.00	270.30	1.186 times
27 Tue Dec 2022	281.40	270.25	288.00	270.25	0.198 times
26 Mon Dec 2022	277.00	264.50	277.00	264.50	1.101 times
23 Fri Dec 2022	271.05	273.00	285.60	271.05	1.016 times
22 Thu Dec 2022	285.30	285.20	285.30	285.20	0.008 times
21 Wed Dec 2022	289.45	300.55	301.10	289.45	0.69 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 304.7, but if it comes below 304.7, then a intra day sell could be more profitable.
If you take a sell trade below 304.7, then use 304.7 as stoploss and 293.26 as target. However if you take a buy trade in stock , then use 304.7 as stoploss and 318.4 as target.

Share price targets for Welspun Inv (WelspunInv)

Target Type	Value
Downside Target	262.10
Downside Target	270.80
Downside Target	288.00
Downside Target	299.65
Upside Target	306.00
Upside Target	308.85
Upside Target	310.30
Upside Target	313.00
Upside Target	313.60
Upside Target	322.00
Upside Target	334.40
Upside Target	378.10

Intraday share price targets for Welspun Inv (WelspunInv)

Target Type	Value
Downside Intraday Target	292.48
Downside Intraday Target	279.97
Upside Intraday Target	313.18
Upside Intraday Target	321.37
Downside Intraday Target	300.67

Weekly technical analysis of Welspun Inv (WelspunInv)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Jan 2023	305.00	288.15	308.85	288.15	1.141 times
30 Fri Dec 2022	284.35	264.50	288.00	264.50	1.296 times
23 Fri Dec 2022	271.05	299.80	306.00	271.05	4.429 times
16 Fri Dec 2022	293.00	310.30	310.30	293.00	0.124 times
09 Fri Dec 2022	300.95	305.50	313.00	299.65	0.416 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 Inv (WelspunInv)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Tue Jan 2023	305.00	288.15	308.85	288.15	0.25 times
30 Fri Dec 2022	284.35	305.00	313.60	264.50	0.235 times
30 Wed Nov 2022	308.95	290.50	378.10	262.10	7.221 times
31 Mon Oct 2022	290.40	286.30	334.40	270.80	0.908 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 Inv (WelspunInv)

Price action analysis of Welspun Inv ( (WelspunInv) ) 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 Inv ( (WelspunInv) ) 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 Inv ( (WelspunInv) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Welspun Inv ( (WelspunInv) ) 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 Inv stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Welspun Inv in short term but the buy signal is initial and weak.

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

Welspun Inv Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Welspun Inv 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 Inv is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 286.04 and Welspun Inv (WelspunInv) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Welspun Inv (WelspunInv) stock. Volume based technical analysis of Welspun Inv (WelspunInv) stock is negative.

Welspun Inv Stock is giving positive 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.