Login or Join
Learn then Earn

(WALCHANNAG) Walchandnagar Industries complete technical analysis [charts+indicators] | Buy/Sell Walchandnagar Industries | (WALCHANNAG) share price targets

Complete technical analysis of Walchandnagar Industries (WALCHANNAG) by charts plus indicators, forecast predictions and share price targets for Walchandnagar Industries (WALCHANNAG)

10 day averaged volume of Walchandnagar Industries is 674229

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 244.65 246.00 260.00 242.70 0.923 times
18 Mon Nov 2024 247.80 263.00 267.95 246.85 1.187 times
14 Thu Nov 2024 274.25 279.30 289.80 270.10 0.592 times
13 Wed Nov 2024 279.30 292.55 296.00 275.65 0.485 times
12 Tue Nov 2024 292.60 308.50 315.00 290.00 0.462 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 240.8, for a target of 265.3 or 285.72

Share price targets for Walchandnagar Industries (WALCHANNAG)

Target Type Value
Downside Target 239.35
Upside Target 254.10
Upside Target 267.95
Upside Target 287.00
Upside Target 315.00
Upside Target 333.00
Upside Target 335.00
Upside Target 339.15
Upside Target 343.00
Upside Target 418.89
Upside Target 438.70

Intraday share price targets for Walchandnagar Industries (WALCHANNAG)

Target Type Value
Downside Intraday Target 235.58
Downside Intraday Target 226.52
Upside Intraday Target 260.83
Upside Intraday Target 277.02
Upside Intraday Target 251.77

Weekly technical analysis of Walchandnagar Industries (WALCHANNAG)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 244.65 263.00 267.95 242.70 0.985 times
14 Thu Nov 2024 274.25 308.05 315.00 270.10 0.297 times
08 Fri Nov 2024 311.80 290.00 335.00 287.00 4.472 times
01 Fri Nov 2024 285.80 274.00 289.10 269.95 0.681 times
30 Wed Oct 2024 285.60 276.90 289.70 254.10 1.009 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Walchandnagar Industries (WALCHANNAG)

Date Monthly Closing Price Open High Low Volume
19 Tue Nov 2024 244.65 280.00 335.00 242.70 1.018 times
31 Thu Oct 2024 279.50 306.80 339.15 254.10 1.187 times
30 Mon Sep 2024 306.80 341.80 343.00 292.00 0.462 times
30 Fri Aug 2024 339.60 428.00 438.70 333.00 0.721 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Walchandnagar Industries (WALCHANNAG)

Indicator Name Indicator Value Indicator Signal
ADX 14, 37, 44 Sell
MACD -19, -11Sell
Stochastics 3Sell
CCI -135Sell
RSI 53Buy
OBV -1018506Sell
VWAP 297Sell
ADL 0Sell
ROC -17Sell
Force Index 0Sell

Price action analysis of Walchandnagar Industries ( (WALCHANNAG) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Walchandnagar Industries ( (WALCHANNAG) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Walchandnagar Industries ( (WALCHANNAG) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Walchandnagar Industries ( (WALCHANNAG) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Walchandnagar Industries stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Walchandnagar Industries in short term and the sell signal is strong.

Walchandnagar Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Walchandnagar Industries in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Walchandnagar Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 296.61 and Walchandnagar Industries (WALCHANNAG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Walchandnagar Industries (WALCHANNAG) stock. Volume based technical analysis of Walchandnagar Industries (WALCHANNAG) stock is negative.

Walchandnagar Industries Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Walchandnagar Industries charts

Click here for further forecast and predictions for tomorrow

Learn then Earn
Back to top | Use Dark Theme