Sensex, Nifty, Share Prices Live Updates: The short-term outlook is bullish for Welspun Corp. The stock has been moving up well for more than two weeks now. The 2 per cent rise on Tuesday has taken the share price well above the 200-Day Moving Average (DMA). Immediate support is at ₹867. Below that, ₹850, the 200-DMA is the next important support. Moving average crossovers on the daily chart also strengthens the bullish case. Welspun Corp share price can rise to ₹960 and even ₹990 in the coming weeks.