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Technicals for Welspun Corp Limited
By MusingTheNews
2025-09-04 20:46
Overall Technical outlook
Price Summary
On 2025-09-04, Welspun Corp Limited's stock opened at 860.0, reached a high of 866.7, dropped to a low of 840.9, and closed lower -1.51% at 847.0, with a trading volume of 267587 shares. The highest price the stock achieved in the past 52 weeks is 966.3, while the lowest price it saw is 657.75. The anticipated price is forecasted to be between 892.0 and 1189.0, with an average price expectation of 1087.0, based on input from 3 analysts.
Technicals
Support and Resistance: The current price of 847.0 is supported at 826.9, with resistance at 868.2. This suggests that the price for WELCORP might remain between these levels, where 826.9 acts as a floor and 868.2 as a ceiling in the market. Support/Resistance for WELCORP
Aroon: The current state of the AROON is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Aroon chart for Welspun Corp Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Bolinger Bands chart for Welspun Corp Limited
Parabolic SAR: The PSAR for WELCORP continues to signal a bearish stance, reinforcing a resistance level that could restrict upward movement. This resistance suggests that the market may remain under bearish pressure, with limited potential for breaking higher. Parabolic Stop and Reverse chart for Welspun Corp Limited
Stochastic: The current state of the STOCHASTIC 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. Stochastic chart for Welspun Corp Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance for WELCORP, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Tripple SMA chart for Welspun Corp Limited
To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.
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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