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Welspun Corp Limited

WELCORP.NS Technical Analysis Summary (NSE)

Analyze WELCORP.NS on the NSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

WELCORP.NS●NSE
Basic MaterialsSteel
₹1917.10
₹35.10(1.87%)
Indian Market opens in 3h 5m

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.NS Technical Analysis Summary (NSE)

Welspun Corp Limited (NSE: WELCORP.NS) stock currently shows a bullish trend on the NSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 77.17)
Trend Strength:Very Strong (ADX: 42.67)
Volatility:Medium (ATR: 49.74)
Support/Resistance:$1533.75 – $1973.82 (Bollinger Bands)

Technical conditions suggest Welspun Corp Limited on the NSE is awaiting a decisive move. Technical conditions suggest Welspun Corp Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 77.17

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 93.58

Bearish
Overbought levels may trigger pullback.

Williams %R: -6.14

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 12.97

Strongly Bullish
Strong upside momentum.

Takeaway:Welspun Corp Limited shows overheated momentum, with risk of near-term pullback.

Trend & Volatility

MACD: 87.89

Bullish
Bullish, trend momentum is strengthening.

ADX: 42.67

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 49.74

Rising
Rising volatility, market activity increasing.

CCI (14): 99.12

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$1973.82
Middle Band (SMA 20)
$1753.78
Lower Band
$1533.75
Current Position
Within Bands

Takeaway:Welspun Corp Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$1876.74
Middle Line (EMA 20)
$1777.25
Lower Channel
$1677.76
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume30.18M
Money Flow Index71.89Bullish, inflows support continued momentum.
Relative Vigor Index75.79Bullish, price momentum strongly favors buyers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Welspun Corp Limited (NSE: WELCORP.NS), 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

No significant bearish signals detected.

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.

(NSE: WELCORP.NS) Technical Analysis FAQ