Price: ₹873.05 (+4.68%)
The stock has broken out of a falling wedge/descending channel near ₹860–₹870.
Volume: Noticeable uptick (1.82M), confirming breakout strength.
If Fed cuts rates, global liquidity improves.
This benefits infra/metals/pipes companies like Welspun (exports + domestic infra demand).
Rupee stability and crude prices staying moderate will also help margins.
Trade plan: Accumulate ₹860–₹875 → SL ₹820 → Target ₹1,000–₹1,100
Expect volatility around Oct 30 earnings and Fed decision, but medium-term outlook remains positive.
Disc : Holding this stock @ 844.5
The stock has broken out of a falling wedge/descending channel near ₹860–₹870.
Volume: Noticeable uptick (1.82M), confirming breakout strength.
If Fed cuts rates, global liquidity improves.
This benefits infra/metals/pipes companies like Welspun (exports + domestic infra demand).
Rupee stability and crude prices staying moderate will also help margins.
Trade plan: Accumulate ₹860–₹875 → SL ₹820 → Target ₹1,000–₹1,100
Expect volatility around Oct 30 earnings and Fed decision, but medium-term outlook remains positive.
Disc : Holding this stock @ 844.5
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免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
