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Welcast Steels Limited

ZWELCAST.BO•BSE
Basic Materials
Construction Materials
₹695.25
₹5.25(0.76%)
Indian Market opens in 11h 29m

Welcast Steels Limited (ZWELCAST.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Welcast Steels Limited (BSE:ZWELCAST.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

ZWELCAST.BO Technical Analysis Summary

Welcast Steels Limited stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 35.56)
Trend Strength:Strong (ADX: 39.91)
Volatility:Medium (ATR: 34.67)
Support/Resistance:$689.87 – $749.13 (Bollinger Bands)

Overall, Welcast Steels Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 35.56

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 24.37

Bearish
Momentum remains weak below midpoint.

Williams %R: -77.28

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -2.77

Bearish
Selling pressure outweighs buying.

Takeaway:Welcast Steels Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -21.27

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 39.91

Strong
Strong trend, momentum well established.

ATR (14): 34.67

Rising
Rising volatility, market activity increasing.

CCI (14): -129.61

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Welcast Steels Limited shows oversold trend conditions, with potential for rebound if buyers step in.

Support & Resistance indicators
Bollinger Bands
Upper Band
$749.13
Middle Band (SMA 20)
$719.50
Lower Band
$689.87
Current Position
Within Bands

Takeaway:Welcast Steels Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$792.66
Middle Line (EMA 20)
$723.31
Lower Channel
$653.97
Squeeze Status
Squeeze On

Takeaway:Welcast Steels Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-1.19K
Money Flow Index80.66Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index46.37Neutral to Bearish, sellers hold a slight edge.

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

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

Bullish Signals

ADX above 20 → strong underlying trend.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Welcast Steels Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ