(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 2024-10-09 View latest technical analysis
10 day averaged volume of Welspun I is 314608
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Wed Oct 2024 | 171.65 | 165.40 | 172.30 | 163.85 | 0.44 times |
| 08 Tue Oct 2024 | 163.50 | 155.00 | 164.30 | 155.00 | 0.541 times |
| 07 Mon Oct 2024 | 158.05 | 169.75 | 169.75 | 156.50 | 0.787 times |
| 03 Thu Oct 2024 | 169.35 | 173.85 | 176.20 | 168.25 | 0.693 times |
| 01 Tue Oct 2024 | 175.00 | 164.95 | 176.55 | 161.10 | 3.857 times |
| 30 Mon Sep 2024 | 163.75 | 163.45 | 165.85 | 161.10 | 1.168 times |
| 27 Fri Sep 2024 | 165.65 | 166.00 | 167.65 | 165.00 | 0.509 times |
| 26 Thu Sep 2024 | 165.70 | 168.70 | 171.10 | 165.10 | 0.345 times |
| 25 Wed Sep 2024 | 168.45 | 170.25 | 171.05 | 167.25 | 0.567 times |
| 24 Tue Sep 2024 | 171.35 | 173.25 | 174.00 | 171.00 | 0.552 times |
My analysis of stock is bearish for shortterm, and stock might move down till 165.8 or till 157. Use a stoploss of 173.03 and if the stock hits stoploss, then it can shoot up till 180.3
Share price targets for Welspun I (WelspunI)
| Target Type | Value |
| Downside Target | 122.60 |
| Downside Target | 149.60 |
| Downside Target | 155.00 |
| Downside Target | 161.10 |
| Downside Target | 165.00 |
| Downside Target | 170.15 |
| Upside Target | 176.55 |
| Upside Target | 186.15 |
| Upside Target | 188.35 |
| Upside Target | 191.20 |
| Upside Target | 194.25 |
| Upside Target | 213.10 |
Intraday share price targets for Welspun I (WelspunI)
| Target Type | Value |
| Downside Intraday Target | 160.33 |
| Downside Intraday Target | 149.02 |
| Upside Intraday Target | 177.63 |
| Upside Intraday Target | 183.62 |
| Downside Intraday Target | 166.32 |
Weekly technical analysis of Welspun I (WelspunI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Wed Oct 2024 | 171.65 | 169.75 | 172.30 | 155.00 | 0.309 times |
| 03 Thu Oct 2024 | 169.35 | 163.45 | 176.55 | 161.10 | 1.936 times |
| 27 Fri Sep 2024 | 165.65 | 174.20 | 175.50 | 165.00 | 0.837 times |
| 20 Fri Sep 2024 | 171.90 | 185.85 | 186.15 | 170.15 | 1.077 times |
| 13 Fri Sep 2024 | 184.00 | 184.15 | 188.35 | 175.00 | 0.744 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 |
| 09 Wed Oct 2024 | 171.65 | 164.95 | 176.55 | 155.00 | 0.412 times |
| 30 Mon Sep 2024 | 163.75 | 193.35 | 194.25 | 161.10 | 0.474 times |
| 30 Fri Aug 2024 | 193.10 | 184.00 | 213.10 | 172.10 | 1.243 times |
| 31 Wed Jul 2024 | 183.65 | 154.00 | 191.20 | 149.60 | 2.374 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 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 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 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 I ( (WelspunI) ) 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 I stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Welspun I in short term and the sell 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. Bears are weakening, and bulls are picking up momentum!
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 I in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 169.52 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 falling down
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 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.
Price action analysis of Welspun I ( (WelspunI) ) based on a short 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 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 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 I ( (WelspunI) ) 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 I stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Welspun I in short term and the sell 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. Bears are weakening, and bulls are picking up momentum!
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 I in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 169.52 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 falling down
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 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.
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