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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 2023-02-02 View latest technical analysis

10 day averaged volume of Welspun Inv is 39

Date Daily Closing Price Open High Low Volume
02 Thu Feb 2023 273.65 272.00 286.80 270.05 1.282 times
01 Wed Feb 2023 274.00 262.70 286.35 262.70 3.385 times
31 Tue Jan 2023 272.75 272.75 272.75 272.75 0.487 times
27 Fri Jan 2023 274.05 274.05 274.05 274.05 0.077 times
24 Tue Jan 2023 281.60 281.60 281.60 281.60 0.026 times
23 Mon Jan 2023 280.00 280.00 280.00 280.00 1.385 times
20 Fri Jan 2023 279.95 276.35 279.95 276.00 4.205 times
19 Thu Jan 2023 282.05 298.35 298.35 282.05 0.256 times
18 Wed Jan 2023 286.35 292.25 292.25 273.60 0.128 times
17 Tue Jan 2023 284.05 284.05 284.05 284.05 0.026 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 276.6, but if it comes above 276.6, then a intra day buy could be more profitable.
If you take a sell trade below 276.6, then use 276.6 as stoploss and 261.5 as target. However if you take a buy trade in stock , then use 276.6 as stoploss and 289.21 as target.

Share price targets for Welspun Inv (WelspunInv)

Target Type Value
Downside Target 262.10
Downside Target 270.80
Upside Target 281.60
Upside Target 288.15
Upside Target 298.35
Upside Target 313.60
Upside Target 319.95
Upside Target 328.00
Upside Target 334.40
Upside Target 378.10

Intraday share price targets for Welspun Inv (WelspunInv)

Target Type Value
Downside Intraday Target 261.97
Downside Intraday Target 250.28
Upside Intraday Target 286.07
Upside Intraday Target 298.48
Upside Intraday Target 274.38

Weekly technical analysis of Welspun Inv (WelspunInv)

Date Weekly Closing Price Open High Low Volume
02 Thu Feb 2023 273.65 272.75 286.80 262.70 3.466 times
27 Fri Jan 2023 274.05 280.00 281.60 274.05 0.322 times
20 Fri Jan 2023 279.95 284.05 298.35 273.60 0.417 times
13 Fri Jan 2023 289.00 319.95 319.95 282.65 0.25 times
06 Fri Jan 2023 305.95 288.15 328.00 288.15 1.843 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Welspun Inv (WelspunInv)

Date Monthly Closing Price Open High Low Volume
02 Thu Feb 2023 273.65 262.70 286.80 262.70 0.075 times
31 Tue Jan 2023 272.75 288.15 328.00 272.75 0.565 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 7.71 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)

Indicator Name Indicator Value Indicator Signal
ADX 23, 22, 2 Buy
MACD -10, -8Sell
Stochastics 21Sell
CCI -42Buy
RSI 63Buy
OBV 379Sell
VWAP 277Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Welspun Inv ( (WelspunInv) ) based on a short term time period is

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 to mid 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.

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 Weak and stock is gaining momentum.

MACD generated a SELL signal for Welspun Inv in short term and the sell signal is strong.

Welspun Inv Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Welspun Inv in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 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 277.23 and Welspun Inv (WelspunInv) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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.

Click here for Welspun Inv charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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