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Welspun Enterprises Limited

WELENT.BO Technical Analysis Summary (BSE)

Analyze WELENT.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

WELENT.BOBSE
IndustrialsEngineering & Construction
597.20
3.20(0.53%)
Indian Market opens in 4h 28m

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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

WELENT.BO Technical Analysis Summary (BSE)

Welspun Enterprises Limited (BSE: WELENT.BO) stock currently shows a neutral trend on the BSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 49.89)
Trend Strength:Strong (ADX: 37.09)
Volatility:Medium (ATR: 17.34)
Support/Resistance:$592.90 – $631.82 (Bollinger Bands)

Technical conditions suggest Welspun Enterprises Limited on the BSE is awaiting a decisive move. This mix signals that Welspun Enterprises Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 49.89

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 18.82

Bullish
Oversold zone signals rebound potential.

Williams %R: -85.83

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -2.42

Bearish
Selling pressure outweighs buying.

Takeaway:Welspun Enterprises Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 10.25

Bullish
Bullish, trend momentum is strengthening.

ADX: 37.09

Strong
Strong trend, momentum well established.

ATR (14): 17.34

Rising
Rising volatility, market activity increasing.

CCI (14): -93.08

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$631.82
Middle Band (SMA 20)
$612.36
Lower Band
$592.90
Current Position
Within Bands

Takeaway:Welspun Enterprises Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$638.50
Middle Line (EMA 20)
$603.82
Lower Channel
$569.14
Squeeze Status
Squeeze On

Takeaway:Welspun Enterprises Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume196.63K
Money Flow Index73.45Bullish, inflows support continued momentum.
Relative Vigor Index31.90Bearish, price momentum favors sellers.

Overall Takeaway:WELENT.BO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Welspun Enterprises Limited (BSE: WELENT.BO), here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

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

Bearish Signals

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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Welspun Enterprises Limited are mixed, suggesting a Hold or wait-and-see approach.

(BSE: WELENT.BO) Technical Analysis FAQ