Homepage Active Options Active Stocks

Stock analysis Welspun India Limited WELSPUNIND

More indepth analysis on MunafaSutra.com

Moving Averages for Welspun India Limited

  • 5Day Average: 155.38
  • 12Day Average: 156.7
  • 20Day Average: 159.35
  • 50Day Average: 146.02
  • 100Day Average: 131.68
  • 150Day Average: 119.32
  • 200Day Average: 108.25

WELSPUNIND Indicators & signals

Indicator MACD (12,26,9)

156.83, 154.64, 3.44
Indicator MACD is in positive zone

Indicator ADX (14)

29.22, 24.8, 13.59
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 62
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of WELSPUNIND Welspun India Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
13 Wed Dec 2023 158.95 155.20 to 160.30 2.09% 0.63 times
12 Tue Dec 2023 155.70 154.25 to 163.20 1.3% 1.36 times
11 Mon Dec 2023 153.70 151.30 to 155.10 0.62% 0.49 times
08 Fri Dec 2023 152.75 150.20 to 158.15 -1.96% 0.64 times
07 Thu Dec 2023 155.80 155.50 to 159.10 -1.27% 0.48 times
06 Wed Dec 2023 157.80 157.25 to 163.35 -2.5% 0.67 times
05 Tue Dec 2023 161.85 157.00 to 165.40 3.58% 3.12 times
04 Mon Dec 2023 156.25 154.10 to 159.30 -0.35% 0.74 times
01 Fri Dec 2023 156.80 155.95 to 161.80 -0.1% 0.74 times
30 Thu Nov 2023 156.95 155.25 to 159.35 0.45% 0.88 times
29 Wed Nov 2023 156.25 155.00 to 160.70 -0.83% 0.88 times
28 Tue Nov 2023 157.55 157.05 to 163.25 -2.2% 1.18 times

Technical analysis forecast of Welspun India 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 India Limited WELSPUNIND at this time. Stock is rising and might rise more.

It appears as if Welspun India Limited WELSPUNIND gave a large move recently.

Stock of Welspun India Limited (WELSPUNIND) 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 India Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 160 as stoploss in an intra day sell trade for a target of 156. However, stock will show a bullish move above 160.

More indepth analysis on MunafaSutra.com