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(WHEELS) Wheels India complete technical analysis [charts+indicators] | Buy/Sell Wheels India | (WHEELS) share price targets

Complete technical analysis of Wheels India (WHEELS) by charts plus indicators, forecast predictions and share price targets for Wheels India (WHEELS)

Showing technical analysis as on 2024-04-04 View latest technical analysis

10 day averaged volume of Wheels India is 76556

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	603.55	604.15	610.00	599.45	0.994 times
03 Wed Apr 2024	604.10	593.40	610.00	591.20	0.914 times
02 Tue Apr 2024	593.60	604.80	608.45	591.80	1.109 times
01 Mon Apr 2024	604.30	602.95	614.10	599.45	1.179 times
28 Thu Mar 2024	597.95	587.00	603.85	587.00	0.983 times
27 Wed Mar 2024	584.95	574.60	605.10	570.00	2.694 times
26 Tue Mar 2024	574.60	589.55	595.80	572.00	0.805 times
22 Fri Mar 2024	589.55	570.00	598.85	570.00	0.692 times
21 Thu Mar 2024	576.65	577.80	585.00	572.10	0.382 times
20 Wed Mar 2024	575.15	569.95	579.00	569.95	0.722 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 605.8 as stoploss in an intra day sell trade for a target of 590.11. However, stock will show a bullish move above 605.8.

Share price targets for Wheels India (WHEELS)

Target Type	Value
Downside Target	554.50
Downside Target	584.20
Upside Target	614.10
Upside Target	641.95
Upside Target	648.40
Upside Target	648.80
Upside Target	656.50
Upside Target	699.00
Upside Target	732.00
Upside Target	764.95

Intraday share price targets for Wheels India (WHEELS)

Target Type	Value
Downside Intraday Target	591.8
Downside Intraday Target	580.05
Upside Intraday Target	614.7
Upside Intraday Target	625.85
Downside Intraday Target	602.95

Weekly technical analysis of Wheels India (WHEELS)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	603.55	602.95	614.10	591.20	0.936 times
28 Thu Mar 2024	597.95	589.55	605.10	570.00	1.387 times
22 Fri Mar 2024	589.55	577.00	598.85	561.80	0.914 times
15 Fri Mar 2024	577.40	610.00	612.80	554.50	1.631 times
07 Thu Mar 2024	609.35	638.75	641.95	600.00	0.197 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Wheels India (WHEELS)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	603.55	602.95	614.10	591.20	0.291 times
28 Thu Mar 2024	597.95	625.50	648.40	554.50	0.455 times
29 Thu Feb 2024	623.95	661.50	699.00	584.20	0.616 times
31 Wed Jan 2024	657.60	695.45	764.95	648.80	9.063 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Wheels India (WHEELS)

Price action analysis of Wheels India ( (WHEELS) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Wheels India ( (WHEELS) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Wheels India ( (WHEELS) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Wheels India ( (WHEELS) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Wheels India stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Wheels India in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Wheels India Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Wheels India in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Wheels India is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 591.23 and Wheels India (WHEELS) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Wheels India (WHEELS) stock. Volume based technical analysis of Wheels India (WHEELS) stock is negative.

Wheels India Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.