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

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

10 day averaged volume of Welspun Inv is 586

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 719.25 750.00 751.70 715.00 1.29 times
16 Thu May 2024 715.95 750.95 751.10 713.55 3.466 times
15 Wed May 2024 751.10 750.70 780.70 750.70 0.225 times
14 Tue May 2024 754.40 750.75 763.65 748.60 0.08 times
13 Mon May 2024 752.55 745.50 768.00 729.05 1.329 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 713.8, for a target of 741.5 or 764.6

Share price targets for Welspun Inv (WELINV)

Target Type Value
Downside Target 652.55
Downside Target 681.05
Downside Target 712.00
Upside Target 756.05
Upside Target 780.70
Upside Target 798.00
Upside Target 823.00
Upside Target 830.00
Upside Target 835.00
Upside Target 836.00
Upside Target 855.70
Upside Target 930.15

Intraday share price targets for Welspun Inv (WELINV)

Target Type Value
Downside Intraday Target 694.97
Downside Intraday Target 670.68
Upside Intraday Target 762.12
Upside Intraday Target 804.98
Upside Intraday Target 737.83

Weekly technical analysis of Welspun Inv (WELINV)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 719.25 745.50 780.70 713.55 1.773 times
10 Fri May 2024 745.25 775.00 792.00 731.90 0.735 times
03 Fri May 2024 775.00 836.00 836.00 762.75 0.963 times
26 Fri Apr 2024 797.90 802.55 835.00 756.05 0.911 times
19 Fri Apr 2024 795.25 756.70 830.00 735.00 1.582 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 (WELINV)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 719.25 798.00 798.00 713.55 0.575 times
30 Tue Apr 2024 784.20 714.15 855.70 712.00 0.146 times
28 Thu Mar 2024 712.85 698.30 930.15 685.65 2.894 times
29 Thu Feb 2024 679.65 720.00 823.00 652.55 31.842 times

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 Inv (WELINV)

Indicator Name Indicator Value Indicator Signal
ADX 11, 24, 38 Sell
MACD -12, -3Sell
Stochastics 14Sell
CCI -158Buy
RSI 54Buy
OBV -6896Sell
VWAP 734Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

Price action analysis of Welspun Inv ( (WELINV) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Welspun Inv ( (WELINV) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Welspun Inv ( (WELINV) ) 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 ( (WELINV) ) 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 Inv stock for short term is SELL. Signal strength is Strong and stock is losing 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 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 but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Welspun Inv is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 733.55 and Welspun Inv (WELINV) 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 (WELINV) stock. Volume based technical analysis of Welspun Inv (WELINV) 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.

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