“Recommends buying Welspun Enterprises at ₹573 with a target of ₹640 and a stop-loss at ₹514. The stock has experienced a descending triangle breakout on the weekly chart, accompanied by increased volumes and positive indications from key moving averages, Weekly RSI, and MACD.”
Vinay Rajani’s track record: 21 graded calls · 95% CI 8–40%
Welspun EnterprisesBullishCalled 29 Jun 2026Graded 22 Jul 2026
Welspun Enterprises rose from ₹601.45 to ₹620.75, a move that is directionally consistent with the bullish call and target of ₹640.