Welspun Corp has taken support on lower trend line on the weekly charts. Buying could be initiated in 133-136 zone. It is still trading in a channel. First Target would be 165 (approx 20 percent from current levels) . A weekly close above 165 could take the stock to 185/199 levels.
Breakout and retest done. Can be considered for a pullback trade.
Please consult your advisor before buying / selling. I am not a SEBI registered investment advisor
