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Stock analysis Welspun Investments and Commercials Limited WELINV

More indepth analysis on MunafaSutra.com

Moving Averages for Welspun Investments and Commercials Limited

  • 5Day Average: 754.41
  • 12Day Average: 749.25
  • 20Day Average: 743.48
  • 50Day Average: 757.91
  • 100Day Average: 753.46
  • 150Day Average: 641.69
  • 200Day Average: 549.09

WELINV Indicators & signals

Indicator MACD (12,26,9)

749.56, 748.71, -1.58
Indicator MACD is in positive zone

Indicator ADX (14)

11.29, 16.92, 13.49
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 57
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of WELINV Welspun Investments and Commercials Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Fri Jun 2024 759.55 749.65 to 774.60 1.97% 0.34 times
20 Thu Jun 2024 744.85 744.00 to 769.40 -0.15% 0.67 times
19 Wed Jun 2024 745.95 744.45 to 791.95 -2.4% 0.67 times
18 Tue Jun 2024 764.30 762.00 to 795.25 0.91% 0.59 times
14 Fri Jun 2024 757.40 735.00 to 773.80 2.75% 1.13 times
13 Thu Jun 2024 737.10 735.15 to 765.70 -1.79% 1.02 times
12 Wed Jun 2024 750.50 747.00 to 768.80 -2.37% 1.66 times
11 Tue Jun 2024 768.75 744.65 to 788.45 0.2% 0.67 times
10 Mon Jun 2024 767.20 735.00 to 774.95 3.95% 0.64 times
07 Fri Jun 2024 738.05 723.40 to 758.50 2.17% 2.07 times
06 Thu Jun 2024 722.40 721.00 to 770.95 -1.7% 0.87 times
05 Wed Jun 2024 734.90 706.10 to 740.95 2.56% 0.21 times

Technical analysis forecast of Welspun Investments and Commercials 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 Investments and Commercials Limited WELINV at this time. Stock is rising and might rise more.

It appears as if Welspun Investments and Commercials Limited WELINV gave a large move recently.

Stock of Welspun Investments and Commercials Limited (WELINV) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Welspun Investments and Commercials Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 762.6 as stoploss in an intra day sell trade for a target of 748.32. However, stock will show a bullish move above 762.6.

More indepth analysis on MunafaSutra.com