WELCORP (WELSPUN CORP LIMITED) - SMALL CAP

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πŸ“Š Script: WELCORP (WELSPUN CORP LIMITED)
πŸ“Š Nifty50 Stock: NO
πŸ“Š Sectoral Index: NIFTY INFRASTRUCTURE / NIFTY 500 / NIFTY SMALLCAP / NIFTY METAL
πŸ“Š Sector: Capital Goods
πŸ“Š Industry: Industrial Products

Key highlights: πŸ’‘βš‘

πŸ“ˆ Script is trading at middle band of Bollinger band (BB) and taking support of middle band which is SMA20.
πŸ“ˆ Already crossover in MACD .
πŸ“ˆ Crossover in Double Moving Averages.
πŸ“ˆ Right now RSI is around 60.
πŸ“ˆ Todays volume is higher then previous trading session so we can say it is volume Breakout.
πŸ“ˆ One can go for Swing Trade.

⏱️ C.M.P πŸ“‘πŸ’°- 233.70
🟒 Target πŸŽ―πŸ† - 250
⚠️ Stoploss ☠️🚫 - 223

⚠️ Important: Always maintain your Risk & Reward Ratio.

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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

Eat🍜 Sleep😴 TradingViewπŸ“ˆ RepeatπŸ”

Happy learning with trading. Cheers!πŸ₯‚
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