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₹2577.3
-152.7 (-5.59%)
⚠️ NOT A TRADE RECOMMENDATION: These stock metrics and intraday signals are algorithmically generated based on quantitative characteristics that may be relevant to trading. Inclusion or analysis does not mean BUY, SELL or HOLD. This drilldown is a starting point for independent research, not a prediction of future price movement. Markets involve substantial risk, and you may lose some or all of your trading capital.

📊 Technical Price Chart

✨ Multi-Timeframe Trading Setup & Insights

Engine: Gemini (gemini-flash-lite-latest)

Market Analysis Summary:

"WELCORP experienced a sharp correction of 5.59% today, trading near ₹2577.3 with low relative volume (0.18x), indicating a lack of aggressive selling pressure despite the drop. The price sits near its VWAP (₹2569.04) and above key medium-to-long term support levels like the 50D EMA (₹2409.86) and Supertrend (₹2379.85). Institutional interest, highlighted by recent stake purchases by Capital Group and Aberdeen, underpins strong long-term fundamentals despite near-term valuation pressures."

Intraday (1 Day) BUY
Conviction: 6/10
Rationale: Using intraday checkpoints: Revalidated using checkpoints up to 09:32. After an initial sharp drop to ₹2533, the price has stabilized and is trading just above VWAP (₹2569.04). With low volume (RVOL 0.18x) on the downside, a mean reversion bounce toward the morning consolidation levels is favored.
Entry: ₹2565 - ₹2575
SL: ₹2530
Target: ₹2620
Swing (1-6 Mo) BUY
Conviction: 7/10
Rationale: The correction brings the stock closer to the rising 50-day EMA and the middle Bollinger Band area. Given robust institutional participation and strong fundamental catalysts, this pullback offers an attractive swing entry ahead of a potential recovery toward the upper Bollinger Band.
Entry: ₹2530 - ₹2580
SL: ₹2400
Target: ₹2850
Long Term (1+ Yr) BUY
Conviction: 9/10
Rationale: Strong institutional buying (Capital Group, Aberdeen), solid sector positioning, and a healthy long-term trend above the 200-day EMA (₹1662.63) make structural dips ideal accumulation opportunities for multi-year wealth creation.
Entry: Accumulate on dips below ₹2600
SL: ₹2200
Target: ₹3400

Technical Analysis & Overview:

  • Price action is currently testing the 34-day EMA (₹2542.62) and holds comfortably above the 50-day EMA (₹2409.86) and Supertrend support (₹2379.85). The stock is trading slightly above its VWAP of ₹2569.04, reflecting intraday stabilization after opening near the day high of ₹2633.0 and falling to ₹2533.0.
  • RSI at 42.3 signals mild bearish momentum without being deeply oversold, while the MACD histogram is negative (-28.12) with the MACD line below the signal line. Stochastic %K at 28.29 indicates potential exhaustion of the downside move near short-term support.

News & Sentiment Impact:

Recent corporate updates reflect significant institutional accumulation, notably Capital Group and Aberdeen buying a 2.4% stake worth Rs 1,433 Cr, pushing the stock toward its 52-week highs previously. While short-term commentary highlights valuation checks and minor corrections, institutional backing provides a strong safety net for medium- to long-term investors.

⚡ Intraday Live Validation WATCHING

Entry Decision
⛔ AVOID
Position Health
🚨 EXIT NOW
Session VWAP ₹2569.04
Peak Drawdown from High -2.12%
Intraday 5m EMA9 / EMA20 ₹2564.89 / ₹2558.21
Audit Reason: FIREWALL_DRAWDOWN_BREACH (-2.1% off day high)

⏱️ Intraday Checkpoints Timeline

09:23 -8.98% (0.07x) ⛔ AVOID 🚨 EXIT
09:32 -7.60% (0.12x) ⛔ AVOID 🚨 EXIT

📊 Price Action Metrics

Open Price ₹2630.1
Day's High ₹2633.0
Day's Low ₹2533.0
VWAP ₹2569.04
Distance from Day's High 2.12%
Distance from Day's Low 1.75%
52-Week High ₹2900.0
52-Week Low ₹710.0

📈 Volume & Participation

Current Volume 348926
20-Day Avg Volume 1919788.1
Relative Volume (RVOL) 0.18x
Nifty 50 Change -0.01%
Relative Strength vs. Nifty -5.58%

🎯 Comprehensive Technical Indicators Matrix Multi-Period SMAs, EMAs, Oscillators, Bands & Real-Time Verdicts

Indicator & Parameters Calculated Value(s) & Multi-Period Signals Verdict & Bias
RSI (14) 42.3 Bearish (≤45)
Average True Range (ATR 14) ₹156.99 (6.09% of Price) High Volatility (Breakout Ready)
Stochastics (14, 3) %K: 28.29 %D: 55.64 Bearish (%K < %D)
StochRSI (14) %K: 0.0 %D: 24.69 Oversold (≤20)
ADX (14) & DMI ADX: 22.69 +DI: 20.17 -DI: 22.69 Neutral / Non-Trending
Ultimate Oscillator (UO) 56.42 Bullish
Rate of Change (ROC 12) & Momentum ROC: -9.01% Momentum (10D): ₹-264.7 Bearish (-ROC)
Williams %R (14) -71.71 Bearish
MACD (12, 26, 9) MACD: 66.5 Signal: 94.62 Histogram: -28.12 Bearish (Line < Signal)
Supertrend (10, 3) ₹2379.85 (Bullish) Bullish Trend
Bollinger Bands (20, 2) Upper: ₹2909.78 Mid: ₹2676.04 Lower: ₹2442.31 Bearish (Below Mid)
Parabolic SAR ₹2840.66 Bearish (Price < SAR)
Commodity Channel Index (CCI 20) -63.53 Neutral
Simple Moving Averages (SMAs) 20D: ₹2676.04 34D: ₹2617.06 50D: ₹2406.39 89D: ₹2023.55 200D: ₹1434.31 Neutral / Mixed Stack
Exponential Moving Averages (EMAs) 9D: ₹2672.69 20D: ₹2643.03 34D: ₹2542.62 50D: ₹2409.86 89D: ₹2128.15 200D: ₹1662.63 Neutral / Mixed Stack
TRIX (15) 0.5475% Bullish (>0)

📰 Latest Google News & Corporate Updates

Welspun (NSEI:WELCORP) - Stock Analysis - Simply Wall Street
Publisher: Simply Wall Street | Published: Sun, 11 Oct 2026 07:00:00
Welspun Corp Share Price Falls 2.98%: Key Levels - Univest
Publisher: Univest | Published: Tue, 13 Oct 2026 17:31:39
WELCORP Forecast — Price Target — Prediction for 2027 - TradingView
Publisher: TradingView | Published: Thu, 25 Jun 2026 11:48:08
Welspun Corp Share Price today: decline, valuation check - Univest
Publisher: Univest | Published: Thu, 24 Sep 2026 08:38:00

📚 Technical Indicator & Strategy Definitions

SMAs (Simple Moving Averages): Arithmetic mean of closing prices over multiple trading periods (20D, 34D, 50D, 89D, 200D). Price trading above the 200-day SMA indicates a long-term secular bull trend, while 20D/50D track short-to-medium term institutional support levels.
EMAs (Exponential Moving Averages): Weighted moving averages placing greater priority on recent price bars (9D, 20D, 34D, 50D, 89D, 200D). A progressive stack (EMA 9 > 20 > 50) confirms robust upward momentum and provides dynamic support during pullbacks.
ADX (Average Directional Index - 14) & DMI: Measures trend strength regardless of direction. An ADX value ≥ 25 confirms a strong trending market. Directional Movement (+DI / -DI) indicates which side is in control: +DI > -DI is bullish (buyers dominant), whereas -DI > +DI indicates bearish seller control.
VWAP (Volume Weighted Average Price): The average price weighted by intraday volume. Used as a benchmark by institutional participants; price trading above VWAP indicates intraday buyer control, while trading below VWAP indicates intraday seller pressure.
RSI (Relative Strength Index - 14) & StochRSI: Momentum oscillator measuring speed and magnitude of price movements (0–100). RSI > 70 is overbought; RSI < 30 is oversold; 50–60 signals bullish continuation. StochRSI applies stochastics to RSI to generate early inflection signals for trend shifts.
MACD (Moving Average Convergence Divergence): Trend-following momentum indicator displaying the spread between the 12 and 26-period EMAs against a 9-period signal line. MACD crossing above Signal is bullish; rising histogram bars signal accelerating upward momentum.
RVOL (Relative Volume Ratio): Compares current session volume against the 20-day historical average. RVOL ≥ 2.0x signals abnormal institutional participation, confirming the validity of breakouts and trend expansions.
Bollinger Bands (20, 2): Statistical volatility bands set ±2 standard deviations around a 20-period SMA. Contracting bandwidth ('squeeze') signals an impending explosive breakout, while price walking the upper band confirms aggressive trend expansion.
ATR (Average True Range - 14): Quantifies absolute market volatility in rupee terms over a 14-period lookback. Essential for setting volatility-adjusted trailing stop-losses, target sizing, and detecting range expansions.
Supertrend (10, 3): Volatility-based trend-following indicator calculated with ATR. Provides clear Bullish (green trailing line below price) or Bearish (red line above price) regimes to manage active trade trailing stops.
Stochastic Oscillator (%K, %D): Locates current closing price relative to the 14-period high-low range. Fast line (%K) crossing above smooth line (%D) in oversold territory (<20) confirms a buy reversal signal; crosses above 80 warn of overbought conditions.
CCI (Commodity Channel Index - 20): Measures price variation relative to its statistical average. CCI crossing above +100 signals strong uptrend breakout; crossing below -100 indicates deep downward momentum; zero-line cross marks cycle shifts.
Parabolic SAR (Stop and Reverse): Trailing stop overlay that follows price acceleration. When dots plot below price, the trend is bullish; a flip above price triggers trailing stop protection.
Williams %R (14) & TRIX (15): Williams %R reflects momentum relative to lookback highs (-20 to 0 overbought, -80 to -100 oversold). TRIX is a triple-smoothed EMA rate-of-change oscillator filtering noise to capture major cyclical momentum waves.
Relative Strength (vs. Nifty): Measures the percentage outperformance or underperformance against the benchmark Nifty 50 Index. Positive values identify leading stocks commanding institutional capital flow.
Intraday Regime & Permission Gates: 4-gate hierarchical risk firewall evaluating intraday structure, volume effort vs result at day highs, ATR peak drawdown, and VWAP integrity to prevent buying into collapsing peaks.
Opportunity Score (0 – 100) & Risk Score (0 – 100): Dual independent quantitative ratings: Opportunity Score (≥75 top-tier setup) evaluates momentum, volume, pattern, sector tailwinds, and RS. Risk Score (<50 preferred) evaluates drawdown history, resistance proximity, and volatility.
Setup Archetypes: Algorithmic classification: Breakout Candidate (near 20D/52W high with expansion), Pullback Continuation (EMA20 retest in uptrend), Momentum Continuation (high RS5D + ATR expansion), and Reversal Candidate (extended mean-reversion).