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Technicals for Welspun Corp Limited
By MusingTheNews
2025-07-16 21:00
Overall Technical outlook
Price Summary
Welspun Corp Limited's stock started the year at 908.0, climbed to a high of 915.0, fell to 900.05, and closed 0.04% up at 908.4, with 312942 shares traded on 2025-07-16. During the past 52 weeks, the highest stock price was 966.3, and the lowest was 630.0. As per recommendations from 5 analysts, WELCORP's future price is expected to span between 691.0 and 1141.0, with a mean price around 919.8.
Technicals
Support and Resistance: The current price of 908.4 for WELCORP is supported at 868.2 and faces resistance at 933.95. These levels indicate that 868.2 could act as a floor, while 933.95 might limit any further price increases. Support/Resistance for WELCORP
Aroon: The AROON is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Aroon chart for Welspun Corp Limited
Bol. Bands: The current state of the BOLL BANDS is neutral for WELCORP, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Bolinger Bands chart for Welspun Corp Limited
Parabolic SAR: The PSAR continues its bearish outlook, setting a key resistance level that could limit upward potential. This resistance suggests that the market may struggle to break higher, reflecting ongoing bearish pressure for WELCORP. Parabolic Stop and Reverse chart for Welspun Corp Limited
Stochastic: The STOCHASTIC is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Stochastic chart for Welspun Corp Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Tripple SMA chart for Welspun Corp Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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