thirty percetage return stock in one monththirty percetage return stock in one month
source java belazy
welspun corp ltd
Key stats
Market capitalization
51.691BINR
Dividends yield (FY)
2.53%
Price to earnings Ratio (TTM)
25.05
Basic EPS (TTM)
7.95INR
About WELSPUN CORP LTD
ISIN
INE191B01025
Sector
Producer Manufacturing
Industry
Industrial Machinery
Website
welspuncorp.com
CEO
Vipul Shiv Sahai Mathur
Headquarters
Mumbai
Employees
2.997K
Founded
1995
Welspun Corp. engages in the manufacture of welded line pipes. It provides Longitudinal Submerged Arc Welded, Spiral Helical Submerged Arc Welded and Electric Resistance Welde pipes and High-frequency Induction Welded pipes. It also provides specialized coating, double jointing and bending facilities. The company was founded on April 26, 1995 and is headquartered in Mumbai, India.
Welspun corp: Breakout soon candidateWelspun corp is forming a symmetrical triangle on the daily chart, with Good consolidation, volume is increasing.
WELCORP (WELSPUN CORP LIMITED) - SMALL CAP 📊 Script: WELCORP (WELSPUN CORP LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY INFRASTRUCTURE / NIFTY 500 / NIFTY SMALLCAP / NIFTY METAL
📊 Sector: Capital Goods
📊 Industry: Industrial Products
Key highlights: 💡⚡
📈 Script is trading at middle band of Bollinger band (BB) and taking support
VCPA up trend stock having a move of 85% in 51 days, then consolidating for 51days with 24% contraction, followed by 15days consolidation with a contraction of 13% and the last contraction of 5% for 6 days.
Welcorp good chart to buy welcorp is cup and handle chart pattern which ready to cross his 52 week high and set a new high for in next few days volume is good and given breakout on weekly chart
POSITIONAL BREAK OUT TRADEAfter consolidation on low volumes comparing to recent. Ascending triangle formation means support shifting upwards and buyers are strong. Also relative strength w.r.t nifty gives break out.. If you add RSI you can check same ascending triangle/VCP pattern. Also risk to reward ratio is better.
Disc
welspun corp 1wtfLook like a weekly breakout and breaks the pre-covid level of the stock and looks for good accumulation up to 225 and if opens above the previous week's closing and moves towards the target of its all-time high of 270 because of good volume breakout in it
WELCORP Positional Long 6 Months to 1 yearWELSPUN CORP Ltd Positional Long 6 Months to 1 year
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone tak
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