🧿 WELSPUNLIV | Weekly Confluence | Volume-Based Bounce Setup
Welspun Living Ltd | Positional Trade Idea
🔍 Why This Stock?
Price bounced strongly from the ₹110–₹120 support zone, which has held for over a year.
Bullish engulfing candle on daily TF, aligning with a weekly reversal.
Massive volume spike (7–8x average) suggests smart money accumulation.
Reclaiming the 50 DMA, showing signs of early momentum.
Weekly structure shows a potential base formation with volume confirmation.
📈 Trade Setup
Entry: ₹142.4 (after a strong daily close above this level)
Stop Loss (Closing Basis): ₹119.3
Target 1: ₹181
Target 2: ₹214
💰 Risk–Reward
Risk = ₹142.4 − ₹119.3 = ₹23.1
Reward to T1 = ₹181 − ₹142.4 = ₹38.6
Reward to T2 = ₹214 − ₹142.4 = ₹71.6
📊 Final R:R
R:R to T1 = 1 : 1.67
R:R to T2 = 1 : 3.10
Risk from Entry = 16.2%
⚠️ Risks to Consider
Still below 30 DMA & 200 DMA → trend is not confirmed yet.
The broader market (Nifty 500) is also trading below 200 DMA.
Geopolitical volatility + uncertainty heading into late 2025.
Expect pullbacks, shakeouts, and false breakouts.
Drawdown potential = 16.2% — size your position carefully.
🧠 Entry Conditions
Wait for a strong close above ₹142.4 with volume confirmation.
No early entries. Watch for follow-through next session.
Avoid jumping in during intraday spikes — confirmation is key.
🛡️ Risk Management
Position sizing is everything. Don’t YOLO a high-volatility setup.
Respect the SL — this is not optional.
High R:R setups are worthless if you get stopped out oversized.
Volatility in 2025 is expected to be brutal — trade like a sniper, not a machine gun.
Quarterly results are around the corner — trade with caution as earnings volatility can invalidate technical setups.
If the trade moves in our favour and approaches the all-time high, we will review the setup for fresh risk-reward alignment and partial booking.
#volume #breakout #positional #priceaction
📜 Disclaimer
This is a personal market view. Not a recommendation. For educational purposes only. Please consult your registered financial advisor before making trading decisions.
Welspun Living Ltd | Positional Trade Idea
🔍 Why This Stock?
Price bounced strongly from the ₹110–₹120 support zone, which has held for over a year.
Bullish engulfing candle on daily TF, aligning with a weekly reversal.
Massive volume spike (7–8x average) suggests smart money accumulation.
Reclaiming the 50 DMA, showing signs of early momentum.
Weekly structure shows a potential base formation with volume confirmation.
📈 Trade Setup
Entry: ₹142.4 (after a strong daily close above this level)
Stop Loss (Closing Basis): ₹119.3
Target 1: ₹181
Target 2: ₹214
💰 Risk–Reward
Risk = ₹142.4 − ₹119.3 = ₹23.1
Reward to T1 = ₹181 − ₹142.4 = ₹38.6
Reward to T2 = ₹214 − ₹142.4 = ₹71.6
📊 Final R:R
R:R to T1 = 1 : 1.67
R:R to T2 = 1 : 3.10
Risk from Entry = 16.2%
⚠️ Risks to Consider
Still below 30 DMA & 200 DMA → trend is not confirmed yet.
The broader market (Nifty 500) is also trading below 200 DMA.
Geopolitical volatility + uncertainty heading into late 2025.
Expect pullbacks, shakeouts, and false breakouts.
Drawdown potential = 16.2% — size your position carefully.
🧠 Entry Conditions
Wait for a strong close above ₹142.4 with volume confirmation.
No early entries. Watch for follow-through next session.
Avoid jumping in during intraday spikes — confirmation is key.
🛡️ Risk Management
Position sizing is everything. Don’t YOLO a high-volatility setup.
Respect the SL — this is not optional.
High R:R setups are worthless if you get stopped out oversized.
Volatility in 2025 is expected to be brutal — trade like a sniper, not a machine gun.
Quarterly results are around the corner — trade with caution as earnings volatility can invalidate technical setups.
If the trade moves in our favour and approaches the all-time high, we will review the setup for fresh risk-reward alignment and partial booking.
#volume #breakout #positional #priceaction
📜 Disclaimer
This is a personal market view. Not a recommendation. For educational purposes only. Please consult your registered financial advisor before making trading decisions.
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.