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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 2024-10-14 View latest technical analysis

10 day averaged volume of Welspun I is 282522

Date	Daily Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	163.60	166.00	167.30	162.15	0.551 times
11 Fri Oct 2024	165.50	166.55	169.10	165.00	0.313 times
10 Thu Oct 2024	168.30	172.90	172.90	167.30	0.399 times
09 Wed Oct 2024	171.65	165.40	172.30	163.85	0.49 times
08 Tue Oct 2024	163.50	155.00	164.30	155.00	0.603 times
07 Mon Oct 2024	158.05	169.75	169.75	156.50	0.876 times
03 Thu Oct 2024	169.35	173.85	176.20	168.25	0.771 times
01 Tue Oct 2024	175.00	164.95	176.55	161.10	4.295 times
30 Mon Sep 2024	163.75	163.45	165.85	161.10	1.301 times
27 Fri Sep 2024	165.65	166.00	167.65	165.00	0.567 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 164.2, but if it comes above 164.2, then a intra day buy could be more profitable.
If you take a sell trade below 164.2, then use 164.2 as stoploss and 156.4 as target. However if you take a buy trade in stock , then use 164.2 as stoploss and 170.6 as target.

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
Upside Target	172.90
Upside Target	175.50
Upside Target	176.55
Upside Target	186.15
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	161.4
Downside Intraday Target	159.2
Upside Intraday Target	166.55
Upside Intraday Target	169.5
Upside Intraday Target	164.35

Weekly technical analysis of Welspun I (WelspunI)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	163.60	166.00	167.30	162.15	0.206 times
11 Fri Oct 2024	165.50	169.75	172.90	155.00	0.421 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

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
14 Mon Oct 2024	163.60	164.95	176.55	155.00	0.486 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 down 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 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Welspun I in short term and the sell 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Welspun I in short term and SELL 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 169.13 and Welspun I (WelspunI) 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 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.