Overall Technical outlook

Price Summary

The stock of WELCORP rose 2.88% today, reflecting a robust market performance.
Welspun Corp Limited's stock opened at 733.85 on 2026-02-02, surged to 760.0, dropped to 710.0, and ended 2.88% higher at 755.0, with 508662 shares traded.
In the past year, the highest stock price was 966.3, and the lowest was 697.95.
According to 4 analysts, the price of WELCORP in the future is projected to be between 892.0 and 1225.0, with an average expected price of 1113.25.

Technicals

Support and Resistance: At 755.0, the price is supported at 741.35 and faces resistance at 777.5. This range suggests that the price for WELCORP might stay between these levels, with 741.35 acting as a floor and 777.5 as a ceiling.
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Support/Resistance for WELCORP


Aroon: The continuation of Aroon's bearish trend for WELCORP, with Aroon Down still at the 100 level, signals ongoing weakness. To fully assess this trend, it should be explored further in conjunction with other indicators.
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Aroon chart for Welspun Corp Limited


Bol. Bands: The current state of the BOLL BANDS is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty.
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Bolinger Bands chart for Welspun Corp Limited


Parabolic SAR: The PSAR remains in a bearish mode, setting a resistance level that could impede any upward movement. This resistance indicates that the market may continue to face bearish pressure, with limited potential for breaking higher.
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Parabolic Stop and Reverse chart for Welspun Corp Limited


Stochastic: The current reading of the STOCHASTIC is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place.
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Stochastic chart for Welspun Corp Limited


Tripple Moving Agerage: The moving averages for the 20-50-100 periods are aligned for a bullish trend, but the slopes of the faster averages indicate that this strength may be short-lived. The weakening momentum in the shorter-term averages suggests that a reversal could be approaching, signaling a potential shift in the trend.
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Tripple SMA chart for Welspun Corp Limited


Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.