WELSPUNLIV - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 IntraDay Trade Rating: 2.8

Welspun Living Ltd (WELSPUNLIV) currently shows weak technical strength for intraday trading. The stock is under bearish pressure, and momentum indicators suggest caution.

🔍 Intraday Analysis Summary

❌ Bearish Indicators

MACD: Bearish crossover and sustaining below signal line

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ADX: Strong downtrend with ADX at 39.64 and -DI dominating

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AROON: Aroon Down at 92.86 indicates bears are in control

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Volume Drop: Current volume (11.7L) is significantly below 1-week average (24.8L), showing waning interest

Price Action: Trading below 50-DMA and 200-DMA, indicating short-term weakness

RSI: At 45.1, trending toward oversold territory but not yet a reversal signal

✅ Mild Bullish Signals

Oversold Oscillators: RSI (28.9), Williams %R (-83.95), and Stochastic %K (10.23) are in oversold zones

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SAR & Supertrend: Mild bearish, but nearing reversal levels (SAR at ₹132.59, Supertrend at ₹138.93)

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Support Zone: Price near lower Bollinger Band (~₹113.78) and Keltner Band (~₹126.22) could offer bounce potential

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💡 Intraday Strategy

📈 If You're Entering Fresh Today

Avoid aggressive entry unless price shows strong reversal signs.

Optimal Buy Price: ₹132–₹134 (only if volume spikes and RSI crosses 50)

Profit Target Levels

First Target: ₹137

Second Target: ₹139.5 (upper resistance zone)

Stop Loss: ₹128.5 (below recent support)

📉 If You're Already Holding

Exit on Weakness

If price breaks below ₹132 with low volume and MACD remains negative, consider exiting.

Watch for RSI dipping below 40 and AROON Down staying above 90.

Exit on Strength

If price crosses ₹137 with volume surge and RSI > 55, consider partial profit booking.

Full exit near ₹139.5 if momentum fades.

🧠 Final Thoughts

WELSPUNLIV is not an ideal candidate for intraday trading today unless a clear reversal emerges. The technicals lean bearish, and volume is weak. If you're holding, stay alert for breakdowns below ₹132 or reversal signals above ₹137.

Would you like a watchlist of better intraday candidates based on volume and momentum?

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