Overall Technical outlook

Price Summary

Welspun Corp Limited's stock opened at 830.0 on 2025-10-16, surged to a high of 848.5, hit a low of 825.15, and closed up 0.75% at 836.2, with 453550 shares traded.
The stock's highest value over the last 52 weeks is 966.3, and the lowest value is 675.9.
The projected price range for Welspun Corp Limited is between 892.0 and 1189.0, with an expected mean price of 1087.0, according to 3 analysts.

Technicals

Support and Resistance: The price for WELCORP at 836.2 finds support at 825.05 and resistance at 863.0. This suggests a trading range, where 825.05 serves as a support level and 863.0 acts as a resistance point, potentially capping further gains.
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Support/Resistance for WELCORP


Aroon: The current reading of the AROON is neutral for WELCORP, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction.
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Aroon chart for Welspun Corp Limited


Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation.
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Bolinger Bands chart for Welspun Corp Limited


Parabolic SAR: The PSAR remains in a bearish mode, setting a strong resistance level that could impede any upward trends. This resistance indicates that the market may struggle to break higher, reflecting ongoing bearish sentiment for WELCORP.
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Parabolic Stop and Reverse chart for Welspun Corp Limited


Stochastic: The Stochastic K-line's position below the D-line and under 20 points to a mildly bearish market outlook for WELCORP. This setup suggests some bearish sentiment, but it is not overly pronounced. Traders should remain cautious and observe the market for further confirmation.
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Stochastic chart for Welspun Corp Limited


Tripple Moving Agerage: The current alignment of the 20, 50, and 100 moving averages suggests a bullish trend, but the slopes of the 20 and 50 SMAs are showing signs of weakening. This decline in momentum could indicate that the current uptrend is losing steam, with a potential bearish reversal in price action likely to occur soon as the market approaches a turning point.
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Tripple SMA chart for Welspun Corp Limited


To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.