📊 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 .
📈...
NSE:WELCORP
1) number one most important thing for a trader is to be only in continuation structures, where there is already a prior trend
2) Retracement has to be on lower volumes. here the candle at 2 briefly undercuts the prior low and swiftly moves back up, creating a shakeout of weaker hands in the stock
3) after an earnings gap down, there is no further...
Ascending Traingle breakout happened for NSE:WELCORP
Can hold for short - medium term range for 3-6 months for the following targets.
Target 1 - 263
Target 2 - 300
* Not a financial advice. Do your research before investing.
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. ...
stock name Welspun Corp Limited, seems to be ascending triangle break out pattern.
For educational purpose only do your own analysis before entering to trade.
This scrip was posted in this platform before few days ago. Some of the our followers had benefited from this scrip and for some followers Stop Loss Hit. Now this time it gives second opportunity to enter. So plan it according to your risk. Thanks to all 🙏🙏🙏
WELSPUN CORP LTD STOCK has broke its trendline and after breaking the resistance it can go bullish.
you can buy WELCORP if candle sustains above resistance and after doing your own analysis
ONLY FOR EDUCATIONAL PURPOSE..!
