WELSPUNLIV - Technical Analysis

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

Technical Rating: 3.6

Here’s a comprehensive technical analysis of WELSPUN LIVING LTD (WELSPUNLIV) based on the data you provided and current market indicators

📊 Trend Overview

Current Price (₹136) is below both 50 DMA (₹139) and 200 DMA (₹142) — a sign of bearish pressure.

52W Index at 29%: Indicates the stock is trading near its yearly lows.

Trend Status: Reversing to bearish, with signs of ongoing consolidation.

📈 Momentum Indicators

RSI (45.1): In the lower neutral zone, leaning bearish. No strong momentum.

MACD (-0.49): Negative crossover, confirming weak momentum.

Volume (11.7L) is below 1-week average (24.9L) — suggests lack of buying interest.

📉 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 130 Recent base, psychological level

Support 2 105 52-week low, strong long-term support

Resistance 1 139 50 DMA, short-term ceiling

Resistance 2 142 200 DMA, major resistance

🎯 Entry & Exit Zones

Optimal Entry: ₹128–₹132 (near support, if volume picks up)

Exit Zone: ₹139–₹142 (watch for rejection near moving averages)

📌 Chart Pattern Insights

Bollinger Bands likely narrowing — indicating low volatility and possible breakout setup.

No clear bullish reversal pattern yet; price action remains range-bound.

🧠 Summary

Trend: Weakening, possibly reversing

Momentum: Bearish to neutral

Volume: Low, watch for accumulation signs

Suggested Action: Cautious entry near ₹130 with tight stop-loss. Exit near ₹140 unless breakout confirmed.

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