Welcast Steels Technical Analysis

Welcast Steels Ltd Technical Analysis

Welcast Steels Ltd technical analysis is gaining attention among traders and investors tracking Welcast Steels Ltd Technical Analysis trends in the Indian stock market. Welcast Steels Ltd (NSE: , BSE: 504988) is currently trading at ₹705, showing a 0.43% move as of Tue, Jul 28, 2026.

This detailed Welcast Steels Ltd technical analysis covers support & resistance levels, moving averages, indicators, and overall market sentiment to help investors make informed decisions.

Welcast Steels Ltd Stock Overview

Welcast Steels Ltd operates in the Non-energy minerals sector under the Construction materials industry. With a market capitalization of ₹44.8Cr and a PE ratio of 0, Welcast Steels Ltd remains a key stock to watch in Welcast Steels Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹44.8Cr
• PE Ratio: 0
• Dividend Yield: 0
• Sector: Non-energy minerals
• Industry: Construction materials

These fundamentals play an important role in Welcast Steels Ltd technical analysis and valuation tracking.

Welcast Steels Ltd Support and Resistance Levels

Classic Pivot Levels

In Welcast Steels Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 846.58
• Resistance 2: 776.63
• Resistance 1: 738.32
• Pivot Point: 706.68
• Support 1: 668.37
• Support 2: 636.73
• Support 3: 566.78

Conditional Insight

Welcast Steels Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 668.37 and 636.73.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Welcast Steels Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 776.63
• Fibonacci R2: 749.91
• Fibonacci R1: 733.40
• Fibonacci Pivot: 706.68
• Fibonacci S1: 679.96
• Fibonacci S2: 663.45
• Fibonacci S3: 636.73

Welcast Steels Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Welcast Steels Ltd Moving Average Analysis

Moving averages are key indicators in Welcast Steels Ltd technical analysis for identifying trend direction.

• 10 EMA: 704.75
• 20 EMA: 703.00
• 30 EMA: 702.94
• 50 EMA: 705.06
• 100 EMA: 727.35
• 200 EMA: 809.22

Trend Logic

Welcast Steels Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Welcast Steels Ltd technical analysis remains positive above 200 EMA.

Welcast Steels Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 53.87
• MACD: 1.29
• Signal: -0.24
• ADX: 11.09
• Momentum: 16.50

RSI Logic

Welcast Steels Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Welcast Steels Ltd technical analysis indicates bearish momentum with MACD below signal line.

Welcast Steels Ltd Overall Recommendation

• Overall Recommendation Score: 0.22
• Moving Average Recommendation: 0.53
• Other Indicators Recommendation: -0.09

Overall Welcast Steels Ltd technical analysis sentiment remains neutral with mixed signals.

Welcast Steels Ltd Technical Analysis Conclusion

Welcast Steels Ltd technical analysis suggests that traders should closely monitor price action around ₹705 and key pivot level 706.68. Breakouts above resistance or breakdown below support will define the next trend in Welcast Steels Ltd technical analysis.

Investors searching for Welcast Steels Ltd Technical Analysis should track moving averages, RSI levels, and volume trends to identify potential entry and exit opportunities. As market conditions change, Welcast Steels Ltd technical analysis will continue to play a crucial role in short-term trading and long-term investment strategies.