ebook Munafa Stock Market Course + Intraday & FNO calls  

       

539410 NEWS why is Welcon price falling or rising

539410 NEWS reasons for why stock price of Welcon is falling or rising

539410 Welcon is falling or rising technical reasons

Technical analysis forecast for Welcon Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Welcon 539410 at this time. Stock is falling and might fall more.

It appears as if Welcon 539410 gave a large move recently.

Stock of Welcon (539410) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Welcon is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Welcon stays below 1, but if it comes above 1, then a intra day buy could be more profitable.
If you take a sell trade below 1, then use 1 as stoploss and 0.9 as target. However if you take a buy trade in Welcon, then use 1 as stoploss and 1.13 as target.

539410 Welcon is falling or rising NEWS fundamental reasons

More announcements and NEWS

539410 Welcon current price & indicator signals

Moving Averages for Welcon

  • 5Day Average: 1.04
  • 12Day Average: 1.15
  • 20Day Average: 1.09
  • 50Day Average: 1.31
  • 100Day Average: 1.49
  • 150Day Average: 1.65
  • 200Day Average: 1.74

539410 Indicators & signals

Indicator MACD (12,26,9)

1.1, 1.17, -0.05
Indicator MACD is in negative zone

Indicator ADX (14)

0, 63.64, 63.64
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 45
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of 539410 Welcon are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
15 Mon Apr 2024 0.98 0.97 to 1.00 -3.92% 0.64 times
08 Mon Apr 2024 1.02 0.97 to 1.07 0% 1.53 times
01 Mon Apr 2024 1.02 1.02 to 1.07 -4.67% 0.42 times
26 Tue Mar 2024 1.07 1.07 to 1.08 -4.46% 0.11 times
18 Mon Mar 2024 1.12 1.12 to 1.22 -4.27% 0.32 times
11 Mon Mar 2024 1.17 1.17 to 1.26 -4.88% 0.87 times
04 Mon Mar 2024 1.23 1.23 to 1.32 -4.65% 1.34 times
26 Mon Feb 2024 1.29 1.23 to 1.35 0% 1.77 times
19 Mon Feb 2024 1.29 1.19 to 1.31 3.2% 1.16 times
12 Mon Feb 2024 1.25 1.21 to 1.27 3.31% 1.21 times
05 Mon Feb 2024 1.21 1.16 to 1.21 4.31% 1.28 times
29 Mon Jan 2024 1.16 1.16 to 1.16 4.5% 1.01 times

Videos related to: 539410 NEWS why is Welcon price falling or rising

Hindi Video The Truth Of Stock Markets That Everyone Is Hiding From You

Hindi Basics How To Trade In FnO Futures Options Stock Market

539410 NEWS why is Welcon price falling or rising

 

Back to top