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Welspun Corp Limited

WELCORP.BO•BSE
Basic Materials
Steel
₹1371.60
₹75.35(5.81%)
Indian Market opens in NaNh NaNm
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Welspun Corp Limited (WELCORP.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Welspun Corp Limited (BSE:WELCORP.BO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

WELCORP.BO Technical Analysis Summary

Welspun Corp Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 63.71)
Trend Strength:Very Strong (ADX: 58.66)
Volatility:Medium (ATR: 48.09)
Support/Resistance:$1227.22 – $1365.64 (Bollinger Bands)

This mix signals that Welspun Corp Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 63.71

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 34.61

Bearish
Momentum remains weak below midpoint.

Williams %R: -58.07

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 2.73

Bullish
Steady upward momentum.

Takeaway:Welspun Corp Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 61.23

Bullish
Bullish, trend momentum is strengthening.

ADX: 58.66

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 48.09

Rising
Rising volatility, market activity increasing.

CCI (14): 9.41

Neutral
Neutral, no strong directional signal.

Takeaway:Welspun Corp Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1365.64
Middle Band (SMA 20)
$1296.43
Lower Band
$1227.22
Current Position
Above Upper Band

Takeaway:Welspun Corp Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$1364.30
Middle Line (EMA 20)
$1268.11
Lower Channel
$1171.93
Squeeze Status
Squeeze On

Takeaway:Welspun Corp Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume3.82M
Money Flow Index70.11Bullish, inflows support continued momentum.
Relative Vigor Index62.76Bullish, price momentum strongly favors buyers.

Overall Takeaway:WELCORP.BO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Welspun Corp Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:Welspun Corp Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

Technical Analysis FAQ