Stock analysis Welspun Corp Limited WELCORP
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Recent prices of WELCORP Welspun Corp Limited are as follows: Daily volume is divided by 10 day averaged volume
Date | Close | Range | Change % | Volume |
17 Fri May 2024 | 609.80 | 598.15 to 618.55 | 1.3% | 1.27 times |
16 Thu May 2024 | 601.95 | 594.00 to 610.00 | 0.5% | 0.63 times |
15 Wed May 2024 | 598.95 | 592.10 to 609.00 | 0.94% | 0.83 times |
14 Tue May 2024 | 593.40 | 580.85 to 597.15 | 1.67% | 0.57 times |
13 Mon May 2024 | 583.65 | 561.80 to 587.70 | 5.13% | 1.35 times |
10 Fri May 2024 | 555.15 | 537.00 to 571.65 | -3.27% | 1.08 times |
09 Thu May 2024 | 573.90 | 568.00 to 599.90 | -2.8% | 0.64 times |
08 Wed May 2024 | 590.45 | 570.55 to 595.00 | 1.54% | 0.64 times |
07 Tue May 2024 | 581.50 | 567.30 to 587.65 | -0.24% | 1.37 times |
06 Mon May 2024 | 582.90 | 572.50 to 605.00 | -2.96% | 0.91 times |
03 Fri May 2024 | 600.70 | 580.40 to 614.40 | -0.74% | 1.99 times |
02 Thu May 2024 | 605.20 | 565.00 to 608.70 | 7.24% | 4.36 times |
Technical analysis forecast of Welspun Corp Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Welspun Corp Limited WELCORP at this time. Stock is rising and might rise more.
It appears as if Welspun Corp Limited WELCORP gave a large move recently.
Stock of Welspun Corp Limited (WELCORP) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!
My analysis of Welspun Corp Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Welspun Corp Limited stays above 601.3, but if it comes below 601.3, then a intra day sell could be more profitable.
If you take a sell trade below 601.3, then use 601.3 as stoploss and 581.29 as target. However if you take a buy trade in Welspun Corp Limited, then use 601.3 as stoploss and 625.4 as target.