The outlook for welspun corp is bullish. The stock has risen about 3.7 per cent on wedding. This Rise has taken the share price well Above the key resistance level of ₹ 798. This breakout can strengthen the bullish momentum and indicates that more risk is on the cards. Strong Support is Around ₹ 795. Intermediate Dips are likely to get fresh boyers in the ₹ 800-795 region and limit the downside. Welspun Corp Share Price Can Rise to ₹ 860-870 in the Short-Term. Traders can buy welspun corp shares now ₹ 814. Accumulate on Dips at ₹ 805. Keep the stop-level ₹ 785. Trail the stop-level ₹ 820 as soon as the stock goes up to ₹ 830. Move the stop-level ₹ 835 and ₹ 845 when the price touches ₹ 845 and ₹ 855 Respectively. Exit the long positions at ₹ 860.
(Note: the recommendations are based on technical analysis. There is a risk of loss in trading.)
Published on May 29, 2025