#WelspunCorp one of the largest pipe manufacturer CMP 280 trading ATH. Seems ready for new zone. Long term pick
📊 Script: WELCORP (WELSPUN CORP LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY INFRASTRUCTURE / NIFTY 500 / NIFTY SMALLCAP / NIFTY METAL 📊 Sector: Capital Goods 📊 Industry: Industrial Products Key highlights: 💡⚡ 📈 Script is trading at middle band of Bollinger band (BB) and taking support of middle band which is SMA20. 📈 Already crossover in MACD . 📈...
Chart -> Welspun Corp Daily The stock has given a close above a resisting trendline and now looks good to test an all-time high again. The risk-to-reward ratio looks attractive. CMP: 224 Target: 247 SL: Daily close below 217 Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult...
Can bet on More upside, as per the Volume and Multi Year breakout. SL can be 210.
WELSPUN CORP LTD Trading at Resistance level, buy above 165 levels for short term targets of 172. Or also looks chart could be form Cup & handle pattern, for Ultimate targets of 178-185 levels, mid term view. ---- Note: Above levels are for education purposes only Do your own analysis before taking any trade Please Like & Follow
WELENT Buy-Above 102 Sl-90 T- 125 135 150+ The stock has good Risk And Reward. This is a short term to mid term holding.
Welspun India looks good buy at 155 - 150 levels for the marked targets on the chart in the short term. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
WELSPUN LOOKING GOOD WITH ENTRY BTN 145-147, SL 133, TARGET 190-200 GOOD FOR LONG TERM PORTFOLIO (2-3 YRS)
Symmetrical triangle pattern generated in WELSPAN CORP LTD. Buy above 150 Targets 200-220 Note that this analysis is only for educational purposes, Feel free to give your views on my analysis
Riding the Parallel Channel , it is close to the bottom of the channel where a reversal is expected. Support of 50 MA just under it. Expected : MACD crossover and RSI breakout and Price breakout. Apart from this Crude oil chart is expected to give a massive breakout.
Welspun Corp has taken support on lower trend line on the weekly charts. Buying could be initiated in 133-136 zone. It is still trading in a channel. First Target would be 165 (approx 20 percent from current levels) . A weekly close above 165 could take the stock to 185/199 levels.
Breakout and retest done. Can be considered for a pullback trade. Please consult your advisor before buying / selling. I am not a SEBI registered investment advisor
Riding the parallel channel, it repeats a 3 VCP pattern to move higher and the stock is ripe for yet another move. Just basic price action analysis. Nothing much to add from indicators.