Get started

WELSPUNLIV

WELSPUNLIV - WELSPUN LIVING LTD (Cup and Handle Breakout)WELSPUNLIV - WELSPUN LIVING LTD Trade Type - Short Term (2 month to 8 month) Trade Logic - Cup and Handle Breakout with huge volume CMP - 182.65 Time Frame - Weekly Target 1 : 200 Target 2 : 240 Target 3 : 260 Target 4 : 280 Stop : 150 Risk/Reward Ratio (1: 2.75) Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
NSE:WELSPUNLIVLong
by Profit_Trader25
2
Welspunliv | Swing Trading | Opportunity#welspunliv stock at swing trade position and chance to keep on eye. Welspun India Limited's stock is currently in a consolidation phase, presenting a favorable opportunity for swing traders. The positive momentum indicated by the RSI, along with the strengthening Relative Strength, suggests a potential uptrend in the stock price. As always, investors should conduct thorough analysis and consider their risk tolerance before making any investment decisions. Consolidation Phase Presenting Swing Trade Opportunity: Welspun India's stock is currently in a consolidation phase, indicating stability after a period of volatility. This presents an opportune moment for swing traders to consider entering positions, as the stock price is likely to experience a directional movement following this consolidation. Positive Momentum Indicated by RSI: The Relative Strength Index (RSI) for Welspun India's stock is showing positive momentum. RSI is a technical indicator used to measure the speed and change of price movements, and it's currently indicating a bullish sentiment. The RSI is attempting to cross above the key threshold level of 50, suggesting increasing buying pressure and potential upward price movement. Strengthening Relative Strength (RS): The Relative Strength (RS) of Welspun India's stock is exhibiting a positive trend. RS compares the performance of a stock relative to the broader market index, indicating whether it's outperforming or underperforming. The increasing RS suggests that Welspun India is gaining strength compared to its peers or the overall market, further supporting the bullish outlook. Its not recommendation to go and strait buy this stock. this my view on this stock. do your own analysis and then take decision. Hope you liked my analysis ideas. Like | Comment | Share Regards,
NSE:WELSPUNLIVLong
by apstockanalysis
WELSPUNLIV | Swing Trade📊 DETAILS Sector: Textiles & Apparel Mkt Cap: 15,665 cr Welspun Living Limited, part of the US$ 2.7 billion Welspun Group, is one of the largest home textile manufacturers in the world. The Company offers a wide spectrum of Home & Technical textile products and Flooring solutions. The Company has established itself as a thought leader within the home textile industry over the years and continue to focus on the enablers viz. Innovation, Branding and Sustainability to consolidate its leadership position. TTM PE : 23.71 (Average PE) Sector PE : 99.44 Beta : 1.24 📚 INSIGHTS MC Insights PRO Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation 5.87% away from 52 week high Outperformer - Welspun Living up by 13.24% v/s NIFTY 50 up by 4.59% in last 1 month 📈 FINANCIALS Piotroski Score of 7/9 indicates Strong Financials Disclaimer: This analysis is for educational purposes only, and I'm not 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 to consistently share valuable insights with you. 🔍 More Analysis & Trade Setups 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
NSE:WELSPUNLIVLong
by Munish_Jain
2