Prakash Gaba of prakashgaba.com told CNBC-TV18, "Rs 100 is a psychological resistance for Welspun Corp. I would take my money off the table here if I do not want to hold. If one is a long-term investor then he/she could continue holding it but I would take my money off the table."
Welspun Corp ended at Rs 87.55, up Rs 6.05, or 7.42 percent on the BSE.
The share touched its 52-week high Rs 107.60 and 52-week low Rs 56 on 12 May, 2016 and 09 November, 2016, respectively.
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