WELSPUNLIV - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 3.9

Here’s a detailed technical analysis of Welspun Living Ltd (WELSPUNLIV)

📊 Trend Overview

Current Trend: The stock is in a mild uptrend, recovering from its recent lows and trading above the 50-DMA but still below the 200-DMA.

Price Action: At ₹127, WELSPUNLIV is above the 50-DMA (₹124) but below the 200-DMA (₹135), indicating short-term strength with medium-term resistance overhead.

📈 Momentum Indicators

RSI (59.0): In the bullish-neutral zone, suggesting healthy momentum with room to rise before overbought levels.

MACD (0.79): Positive crossover, indicating early bullish momentum.

Volume: Current volume (28.6 lakh) is significantly below the 1-week average (75.2 lakh), showing reduced participation and low conviction.

📉 Moving Averages

Indicator Value (₹) Signal

50-DMA 124 Support

200-DMA 135 Resistance

Current Price 127 Above 50-DMA, below 200-DMA

📌 Bollinger Bands

Price is near the middle band, suggesting consolidation.

A breakout above ₹130–₹132 could trigger a move toward ₹140+.

🧭 Support & Resistance Zones

Immediate Support: ₹122–₹124 zone

Major Support: ₹115–₹118 zone

Immediate Resistance: ₹132–₹135 zone

Major Resistance: ₹145–₹155, then ₹180–₹188 (52-week high)

🎯 Entry & Exit Zones

Optimal Entry: ₹122–₹125 (on pullback with MACD support)

Exit Zone: ₹135–₹145 (first resistance), ₹155+ if momentum builds

🔍 Conclusion

WELSPUNLIV is currently consolidating with a bullish tilt. RSI and MACD suggest early momentum, while price action above the 50-DMA supports a positive bias. A breakout above ₹132 with volume could confirm trend continuation, while a pullback to ₹122–₹125 offers a favorable entry. The stock remains in a neutral-to-bullish phase.

Let me know if you’d like a comparison with other textile or home furnishing stocks like Trident or Himatsingka Seide!

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