Welspun Corp - Breakout Setup, Move is ON...#WELCORP trading above Resistance of 1737
Next Resistance is at 2557
Support is at 1453
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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.
Welspun Corp Limited
No trades
No trades
In-depth trading ideas
MY PERSONAL FAVOURITE.always kept thinking on this its noting, just some gambling is going on, cause our parents and fellow mates used to say when things like this happen( 25 din m paisa double types).
technicals were always more ahead, just because, its a lot on data. corrections aren't sudden, they happen over time, could have made
10k to 90k ,
1l to 9l,
2 to 18l.
has happened many time, in CUPID too this has happened to me.
so guys build your own trades and don't miss, take risk if atleast youre a bachelor.
HAPPY TRADE GUYS!!!
Welspun Corp - Breakout Setup, Move is ON...#WELCORP trading above Resistance of 1124
Next Resistance is at 1737
Support is at 818
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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.
WELCORP: Textbook Cup & Handle Completion and Explosive Macro Br1. The Macro Perspective: The Deep Washout and Recovery
I am taking a LONG bias on Welspun Corp Limited (WELCORP) on the weekly (1W) timeframe.
When analyzing pure market structure in a strong macro environment, patience reveals the absolute highest probability setups. Look at the massive structural development on this chart. After a powerful secular run, the stock established a heavy historical ceiling directly at the 1,238.95 level. What followed was a deep, brutal, multi-month correction that successfully washed out all the weak hands and late buyers, dragging the price down into the 700s. However, instead of entering a secular bear market, the stock initiated a methodical process of accumulation. It carved out a massive rounding bottom—the "Cup"—slowly absorbing overhead supply and systematically grinding its way back up to challenge the historical ceiling.
2. The Educational Setup: The Handle and Higher Low
To understand the sheer strength of this current breakout, look at how the price systematically digested supply on the right side of the curve:
The Rejection & Deep Handle: As expected, when the stock initially approached the ultimate 1,238.95 resistance, it naturally faced selling pressure from trapped bag-holders finally breaking even. The price pulled back significantly, forming a wide, deep right-side "Handle."
The Structural Floor: Notice the weekly candlesticks during this pullback. Buyers stepped in aggressively around the 720 to 760 level, forming a massive structural higher low compared to the base of the initial run. They refused to let the stock collapse, willingly absorbing shares at premium prices and storing immense kinetic energy for the final thrust.
3. Current Price Action: Blue Sky Territory
Look at the most recent weekly candles on the far right. The pressure cooker has exploded. Buyers have effortlessly shattered the 1,238.95 macro resistance, printing massive, consecutive full-bodied green expansion candles. By clearing this final historical ceiling, the stock has officially entered "Blue Sky Territory" (pure price discovery). There is absolutely zero historical overhead supply left. Every single investor who has bought and held this stock is now in profit, meaning natural selling pressure evaporates.
4. The Trade Plan: Entries, Targets, and Risk Management
Entry Strategy: Momentum is exceptionally strong right now near 1,291.90. Chasing a massive weekly expansion candle always carries a higher risk of an immediate intraday drawdown. The highest-probability, lowest-risk entry involves stepping down to a daily timeframe and placing limit orders to catch a potential structural pullback to retest the 1,230.00 to 1,250.00 breakout zone. Letting that old, heavy resistance prove itself as a new, indestructible support floor offers a phenomenal risk-to-reward ratio.
Take Profit (Targets): Because the stock is in pure price discovery, we use measured structural targets. By taking the depth of the massive macro cup (roughly 520 points from the ~720 base to the 1,238.95 neckline) and projecting it upward from the breakout line, our primary structural target sits comfortably in the 1,750.00 to 1,760.00 macro extension zone. Immediate psychological milestones are 1,400.00 and 1,500.00.
Invalidation (Stop Loss): A trade thesis is only valid if the new market structure holds. A hard stop loss should be placed safely below the breakout zone and recent weekly accumulation, around the 1,000.00 to 1,050.00 level. A definitive weekly close completely back below the 1,100.00 mark would act as an early warning sign of a failed macro breakout (a "bull trap").
5. Time Horizon:
Because this technical setup is built on a 1-Week chart capturing a massive structural completion into fresh price discovery, this is a medium-to-longer-term position trade designed to play out over the coming weeks to months. Let the macro trend run!
Welspun Corp LimitedHello Traders, In my view Welspun Corp Limited has formed a Bull Flag pattern indicating a potential continuation of the bullish trend. The projected target price is around 1818 while the suggested stop-loss level is 1313. The RSI is above 60 which reflects strong bullish momentum. A significant breakout occurred after a prolonged consolidation phase (marked as Area B on the chart) where the EMAs crossed multiple times. In my opinion, this consolidation ultimately resulted in a multi-year breakout strengthening the bullish outlook. Trading volumes have also remained strong supporting the breakout. Another important factor is the Gann levels which have acted as reliable support zones throughout the stock's price history. As shown on the chart the stock moved upward after finding support near 760 and again around 1283 demonstrating the significance of these Gann levels. Considering the bullish Price structure, Strong volume participation, Positive RSI, and support from key Gann levels the stock appears well-positioned for further upside in the coming sessions. NFA
WELCORP - Cup and Handle with VCP NSE:WELCORP
Price above all major EMA/s
Price is contracting
Cup and Handle formation
Failed breakout attempted.
1 hr Chart as below where we can see Liquidity Sweep leads to false break out attempt with high volume. Then price falling slowly means retailers were trapped with breakout. Volume is also drying up which give addition indications.
Caution: Trading it without knowledge depth of VCP and proper risk management may be harmful.
I am not a registered analyst, here I am only sharing my view to trading communities. Many time my setups were failed. Do consult your financial advisor prior any trade.
WELSPUN - Trendline Bounce ConfirmationThe Setup: Low-Risk Re-Entry
WELSPUN is offering a perfect low-risk re-entry opportunity as it tests and holds two critical
support levels: the bullish trendline and the 10 EMA. This consolidation, characterized by low volume, confirms seller exhaustion.
Demand Zone: The price is sitting directly on a proven area of demand, signaling that the strong uptrend is ready to resume.
The Trade Plan
This setup is highly actionable, allowing a tight stop placement.
Entry Signal: Entry is confirmed on a daily close that moves decisively above the high of the recent consolidation (e.g., above ₹930). This confirms the bounce is underway.
Stop Loss: Place the stop loss just below the identified trendline/structural support zone, for example, around ₹815 - ₹855.
Target Expectation: The stock is expected to continue its Stage 2 run toward new highs, with the initial psychological target being the Weak High near ₹1,000.
Risk Note
A close below ₹850 would break the structural support and invalidate the current bullish thesis.
Welspun Corp Ltd – Range Breakout Setup (Daily Chart)Welspun Corp is showing a promising range breakout setup on the daily timeframe after several months of sideways consolidation. The stock has been trading between ₹830–₹985, forming a well-defined accumulation base within this horizontal range.
After multiple rejections from the upper trendline and support retests near the ₹830 zone, the stock has recently broken above the short-term falling trendline, accompanied by rising volume and bullish candles, indicating early signs of momentum shift.
The 20 EMA has crossed above the 50 EMA, confirming a short-term bullish crossover. Price action also suggests that the lower range around ₹830–₹850 has acted as a strong accumulation zone, with buyers defending it multiple times.
🎯 Key Levels:
CMP: ₹898.10 (+2.32%)
Support Zone: ₹830 – ₹850
Resistance Zone: ₹980 – ₹1,000
Breakout Trendline: Crossed around ₹880
Potential Target: ₹985 – ₹1,000 (Upper range test)
Stop-Loss (Swing Basis): Below ₹825
📈 Technical View:
The breakout above the falling trendline indicates renewed strength.
Volume expansion during the recent move confirms buyer participation.
EMA alignment is turning positive, hinting at potential short-term trend reversal.
A close above ₹910 could accelerate a move toward ₹980–₹1,000 zone.
🧠 View:
Sustaining above ₹880–₹890 zone could trigger a continuation move toward the upper end of the range near ₹985–₹1,000. Watch for volume confirmation and a strong daily close above resistance for positional entries.
Welspun Price ActionWelspun Corp is trading near ₹924.55 after a strong rally, gaining over 7% in today’s session. The company delivered a consolidated net profit of ₹350 crore in Q1 FY26, up 41% year-on-year, with revenue rising to ₹3,551 crore. Improved operating margins and higher pipe sales contributed to this performance. The current price-to-earnings ratio is around 12–13, indicating reasonable valuation within its sector. Market capitalization stands above ₹24,300 crore. The stock has outperformed the sector over recent months and is showing renewed bullish momentum. Welspun Corp maintains robust fundamentals with a healthy order book, strong return on equity, and benefits from sector tailwinds in infrastructure and pipeline projects. Near-term outlook is positive, though investors should remain aware of volatility following sharp price movements.
Amazing breakout on WEEKLY Timeframe - WELCORPCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN WEEKLY TIMEFRAME ABOVE THIS LEVEL.
Checkout an amazing breakout happened in the stock in Weekly timeframe.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
Check this stock which has made an all time low and high chances that it makes a "V" shaped recovery.
> Taking support at last years support or breakout level
> High chances that it reverses from this point.
> Volume dried up badly in last few months / days.
> Very high suspicion based analysis and not based on chart patterns / candle patterns deeply.
> VALUABLE STOCK AVAILABLE AT A DISCOUNTED PRICE
> OPPURTUNITY TO ACCUMULATE ADEQUATE QUANTITY
> MARKET AFTER A CORRECTION / PANIC FALL TO MAKE GOOD INVESTMENT
DISCLAIMER : This is just for educational purpose. This type of analysis is equivalent to catching a falling knife. If you are a warrior, you throw all the knives back else you will be sorrow if it hits SL. Make sure to do your analysis well. This type of analysis only suits high risks investor and whose is willing to throw all the knives above irrespective of any sectoral rotation. BE VERY CAUTIOUS AS IT IS EXTREME BOTTOM FISHING.
HOWEVER, THIS IS HOW MULTIBAGGERS ARE CAUGHT !
STOCK IS AT RIGHT PE / RIGHT EVALUATION / MORE ROAD TO GROW / CORRECTED IV / EXCELLENT BOOKS / USING MARKET CRASH AS AN OPPURTUNITY / EPS AT SKY.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Welspun Corp - Breakout Setup, Move is ON...#WELCORP trading above Resistance of 750
Next Resistance is at 916
Support is at 614
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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.
Welspun Corp Ltd - Breakout Trade Setup📌 Trade Plan
📈 Entry: Above ₹892
📉 Stop Loss (SL): ₹758 (Closing Basis) (Risk: ~15% from entry)
🔄 Retest Level to Watch: ₹844 (Wait for a retest for further addition)
📍 CMP: ₹872
📌 Why This Setup is Interesting?
✅ Strong Uptrend – Higher High (HH) & Higher Low (HL) structure intact
✅ Resilient Stock – Minimal decline during market corrections
✅ Base Breakout – Consolidated for 7 months, now breaking out
✅ No Overhead Resistance – Trading in open space with no historical supply
✅ Above Key DMAs – Trading above critical moving averages
✅ Channel Structure – Stock is inside a rising channel; 📌 Channel top might act as resistance
✅ Breakout Volume – Today’s volume confirms strength
📌 Market Context & Risks ⚠️
⚠️ Nifty & Overall Market just closed above the 50 DMA but is still weak. Wait for 200 DMA reclaim for confirmation.
⚠️ Breakouts are risky in a fragile market. FOMO can be costly—trade with patience.
⚠️ Position Sizing is Key! – Do not go all in; start small and scale gradually. If the market corrects and the stock remains strong, add later.
📌 Fundamental Snapshot 📊
Market Cap: ₹22,865 Cr
Stock P/E: 15.4
Book Value: ₹230
Dividend Yield: 0.61%
ROCE: 20.2%
ROE: 19.8%
Face Value: ₹5
📈 Pros:
✔️ Reduced Debt
✔️ Healthy Dividend Payout (34.9%)
✔️ Improving Sales YoY
⚠️ Cons:
❌ Stock trades at 3.51x Book Value
❌ Low ROE (11.5%) over the last 3 years
❌ Earnings include ₹873 Cr of other income
🛑 Disclaimer:
This is not financial advice. Risk management is crucial – ensure proper position sizing & stop-loss discipline. The market is still fragile, and breakouts can fail. Always do your own research before taking any trade. 🚀
"WELSPUN CORP: Breakout Imminent?""Traders, WELSPUN CORP is setting up for a massive move.
Key Highlights:
• Target zone: 800-825 (All-Time High)
• Current status: Tight consolidation
• Smart money accumulation detected
Big players are strategically positioning themselves. The stock is coiling like a spring, ready to explode its ATH resistance.
Accumulate and hold for break above 825. This could be your next high-probability trade.
Full technical analysis in the video. Don't miss out!"
One of my charming champions WELCORP.Welspun Corp Limited is a leading manufacturer of large-diameter pipes globally. They produce a variety of products including BIS-certified Steel Billets, TMT (Thermo-Mechanically Treated) Rebars, Ductile Iron (DI) Pipes, Stainless Steel Pipes, and Tubes & Bars.
WCL has a strong global presence with manufacturing facilities in India, the United States, and Saudi Arabia. They are committed to ESG (Environmental, Social, and Governance) goals and are continuously expanding their product offerings to cater to both B2B and B2C markets.
I am entering again at 749 (GTT already placed today) for the target of 856 and with a stop loss at 721.
Welspun Corp - Breakout Setup, Move is ON...#WELCORP trading above Resistance of 614
Next Resistance is at 750
Support is at 513
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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.
WELCORP Trade Analysis for Buy using Wyckoff methodVolume Analysis
We have no supply in the trading range indicating no one is selling
Demand Increased
We have demand increased in phase D indicating institutional present
Down wave Analysis
Down spread is decreasing in each of down wave indicating volatility is decreasing and selling pressure is decreasing
My View
Bullish on the stock with entry given on the chart






















