Stock to watch Stock to watch WELCORP + Low Volume base + prior uptrend + Above Key EMAs -: Not a Buying recommendation by ChartShala1
WELCORP | Swing Trade📊 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 water tanks and other plastic products, to expand its building materials portfolio. It has also made strategic acquisition of specified assets of ABG Shipyard. TTM PE : 14.58 (Average PE) Sector PE : 42.74 Beta : 1.13 📚 INSIGHTS Mid-range performer Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest. 3.72% away from 52 week high Outperformer - Welspun Corp up by 6.98% v/s NIFTY 50 down by -0.17% in last 1 month 📈 FINANCIALS Piotroski Score of 3/9 indicates Weak 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.comLongby Munish_Jain13
BUY Welcorp--Darvas box consolidation Breakout --Flag and pole --Tight range formation --Target - 611/663/716/748 Disclaimer: - The view expressed here is my personal view - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance -- Do your own analysis and consult your financial adviser if neededLongby shreks146
WELSPUN CORP ltd- breaking 15 years resistance & re-tested it.WELSPUN CORP LTD- breaking 15 years resistance & re-tested it strongly.Longby Iyan_V2
WELSPUN ready for breakout in this red market-strong closing in red market -rsi support and retest -rise in volume -keep in radar can give decent return in this kind of marketLongby Marketik2
WELSPUN CORP LTD TO TAKE LONGLong Welspun stock to take long entry above 550. keep the stock in your watch list. Also, this stock can be taken after the breakout. The stock is in a strong uptrend & taking support of 50 ema This is for your educational purpose only.by Tech_stock_trader0
Resistance Breakout - WELCORPPlease look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1%-2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose Please note that, if there are some big targets, those are drawn thinking for long term.Longby Breakout-Ideas2
Cup & Handle BreakoutCup and Handle Breakout with above average volumes at breakout. Target price as marked on the chart.Longby MACD9Updated 223
Welspun CorpPrice moved well beyond the C&H target, indicating the success of the Continuation pattern. NSE:WELCORP by MACD92
A 25% upside potentialWelspun corp posted fantastic results, Also a rounding bottom breakout is observed Expecting a 25% move from current levels Buy zone 300-335 stop loss 265 by yogesharora2409Updated 8
Welspun Corp - Long Setup, Move is ON...#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 consult your financial advisor before taking any trade.Longby MandeepSinghKohliUpdated 5
Consolidated , but is it ready now?Time to take out the 400 levels from year 2007-2008 once 350 is crossed. Frist murugappa group, then kirloskar group and now welspun group. Multi year bo and points markedLongby VigneshIyerUpdated 0
Welspun Corporation - Diwali pickBuy - 496 Target - 693 SL - 428 Welspun is a breakout level of 2008. Note: This is a Prediction and not a RecommendationLongby ANomadinTrading0
Welspun Corporation Prediction Buy - CMP Target - 700 Welspun is at resistance level and good resistance Breakout is expected. It has already given a trendline resistance breakout. Note: This is just a Prediction and not Recommendation.Longby ANomadinTrading1
#WELCORP #NSE - DAY TRADE IDEAWELCORP - Forming a FLAG in 15 min TF. Disclaimer: For educational purpose only. Please do your own research before taking any trades. Happy Trading!Longby SUDHEER-REDDYUpdated 0
Welspun Corp - Long Setup, Move is ON...#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 your financial advisor before taking any trade.Longby MandeepSinghKohliUpdated 4
WEL CORPTECHNO FUNDA TRIGGERS +++++++++++++++++++++ 📌 Company expected to give good quarter. 📌 Dividend payout of 36.7% 📌 Stock has broken out of Cup & Handle pattern. 📌 High momentum 📌 Range Breakoutby priceNpedia3
buy welcorpWELCORP is on the verge to give breakout can buy 340-345 with stoploss 326 for target of 352 , 370 and 398 for short term swingLongby mangeshmkUpdated 0
Welspun Corp: On Neck BO Confirmed An on neck breakout is confirmed on the weekly charts of NSE:WELCORP One can create a fresh position in the scrip near its cmp 316 or below with a stop loss of 308 for a target of Rs. 332/348/364 Exit the position if the stop loss is triggered on WCB. If you agree with the idea then hit the airplane icon and don't forget to follow me to get all the latest updates. Post your comments and queries. Disclaimer: Content shared is for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.Longby raigvivekUpdated 3
WELSUPUN CORP TARGET 374This script is brekaout from the pivot level of the weekly uptrend channel from the strong weekly resistance of 343 and closing with bullish engulfing. It will reach the target of 374Longby ganeshkrupa1
WELCORP | Investment Pick📊 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 Welded Line Pipe manufacturing companies in the world. 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 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.comLongby Munish_Jain2
BREAKOUT IN WELSPUN CORPBUY - WELSPUN CORP LTD CMP - Rs. 220 Target - 1: Rs. 253 Target - 2: Rs. 295 Target - 3: Rs. 320 . . Technicals - 1) Bullish Flag BO . . Follow me for more!Longby nilakshguptaUpdated 3
Trade-6/100-WELCORP-R:R Experiment-Buy6th trade in the series Buying WELCORP in hourly POSITIONAL tradeLongby Trade-with-AarinaUpdated 1