Welspun India Ltd is one of the largest home textile manufacturers in the world. Reduced debt recently. Promoter holdings are very high. Zero promoter pledge and reducing debt company. Technically looking good. Good movement expected.
I would exit stock if I was holding it and reenter after correction. Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me...
"Delivery Idea 14-07-23 WELSPUNIND (CMP: 102) Buy Price: 100 SL Below: 92 Target: 116" For any Feedback and Suggestion, please free feel to message us. Disclaimer: Content shared on or through our digital media channels are for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take...
WELSPUNIND | SWING TRADE | BULLISH MOMENTUM CONFIRMATION FACTORS 1) Pole and Flag formation 2) 20/200 EMA Crossover 3) Market structure breakout and good consolidation happening
Long Welspun above 275 after the BO of resistance zone. If stock sustain then we can see the 300+ levels in the stock. The stock is going for the life time high. On all time frames RSI above 60 is the bullish sign.Tis is for your educational purpose only.
Stock has given BO with good volume build up on daily chart making round bottom pattern, follow chart for proper support and resistance levels.
WELSPUN INDIA has given breakout on Daily charts can move up 20-30% in coming 2-3 months. LTP - 96.75 SL - 92 Targets - 130+ Time frame - 2-3 Months
Above 85.65 as a monthly close leads the way towards a fresh swift rise to 160 / 167
Stock is near to BO level which has formed inverted pole and flag pattern with good volume build up, follow chart for proper entry and exit levels.
Welspun going to give a breakout at 82.5 and will zoom to 90
study invalid if price crosses 236.45. Seems B move completed and expecting down move to complete wave C.
Inside Candle ,Ready For breakout , can go for buy ,Keep your stop loss .
WELSPUNIND showing sign of reversal very close to support on day chart. Note : for educational purpose only.
about company • Welspun India Ltd (WIL), part of the $2.7 billion Welspun Group, is a global leader in Home Textiles, supplying to marquee global retail and hospitality brands. Our state-of-the art manufacturing facilities in India produce globally benchmarked products, driven by our differentiation strategy based on Branding, Innovation and Sustainability •...
Wait for the price consolidation to break above 158. Breakout above 171 may trigger upward momentum. To be cautious if price falls below support zone of 132 and 126. Note: Chart analysis for educational purpose, not a recommendation for buy or sell.
This is based on my research. Potential upside due to Long buildup after strong Short covering zone.
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.
Based on my research, Welspun Ind seems to be in Long build up zone after a strong consolidation of Short covering.