📊 DETAILS Sector: Metals - Castings/Forgings Mkt Cap: 15,718 cr WCL is one of the largest manufacturers of large diameter pipes globally. The company also manufactures BIS-certified Steel Billets, TMT (Thermo-Mechanically Treated) Rebars, Ductile Iron (DI) Pipes, Stainless Steel Pipes, and Tubes & Bars. The company acquired Sintex-BAPL, a market leader in...
#WELCORP trading above Resistance of 523 Next Resistance is at 614 Support is at 373 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational...
#WELCORP trading above Resistance of 429 Next Resistance is at 523 Support is at 344 Here are previous charts: Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
#WELCORP trading above Resistance of 344 Next Resistance is at 429 Support is at 233.90 Here are previous charts: Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult...
📊 Details Welspun Corp Ltd. is one of the flagship companies of Welspun Group. It is a leading manufacturer of large diameter pipes globally, offering a one-stop solution for all line pipe related requirements with its wide range of high grade line pipes. These pipes are used for offshore and onshore transmission of oil, gas and water. It is among the Largest...
6th trade in the series Buying WELCORP in hourly POSITIONAL trade
Welcorp is showing breakout on Monthly chart, close above 285 only monthly candle will be strong signal for new highs from here. Keep it on radar, updates will be posted regularly on this.
NSE:WELCORP The prices has given the breakout from the Rising wedge pattern. The other information is on the charts.
This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. ...
Crossing 233 during the intraday session triggered a Daily ICMC Breakout Daily and Monthly Momentum in the stock to rise easily
Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 113 #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn...
I daily make educational content videos on Financial markets
The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. SL below the recent swing low The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand...
Look fresh in range 153-163 for upside 195/225 med to long term with SL 140..!!!
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
I will buy WELCORP because : The price has broken the resistance It showed a good move upwards before breaking Resistance. The price touched the resistance thrice in same year and has broken it now so will look at buying. Entry : 169 Target : 223 Stop loss : 154
buy above 170 for swing and Intraday keep stoploss of 155 DCB(breakout candle low) for Swing For stoploss in Intraday use 5 minute chart and see nearest support. for target use 5 min chart and fibonacci pivots as i don't keep predefined target. try to book partially and trail. Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level...
NSE:WELCORP Swing Trade Current Price : 144.85 This Script is trying to brake its resistance for more than 6 months I’m expecting a significant upmove if it brakes the resistance line. Buy at : 153 Target : 185+ Stoploss : 137 ....Grab this oppurtunity... This is only for education purpose. Follow for more update.