🧿 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.
액티브 트레이드
Triggered, control FOMO. Make sure to position size and manage risk. If closed above the entry level then it is good.
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관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.