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

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

10 day averaged volume of Wheels India is 4995

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 590.50 582.65 610.95 582.65 3.043 times
29 Mon Apr 2024 582.65 585.70 589.00 581.95 0.412 times
26 Fri Apr 2024 581.65 584.65 589.00 579.50 0.981 times
25 Thu Apr 2024 580.95 599.20 599.95 578.00 1.657 times
24 Wed Apr 2024 599.30 590.50 602.50 590.50 1.186 times

Stock of Wheels India (WheelsIndia) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 579.9 or till 566.9. Use a stoploss of 590.79 and if the stock hits stoploss, then it can shoot up till 601.67

Share price targets for Wheels India (WheelsIndia)

Target Type Value
Downside Target 555.00
Downside Target 566.15
Downside Target 578.00
Upside Target 602.50
Upside Target 622.90
Upside Target 648.90
Upside Target 649.00
Upside Target 657.80
Upside Target 691.95
Upside Target 732.35
Upside Target 762.50

Intraday share price targets for Wheels India (WheelsIndia)

Target Type Value
Downside Intraday Target 577.98
Downside Intraday Target 565.47
Upside Intraday Target 606.98
Upside Intraday Target 623.47
Upside Intraday Target 594.47

Weekly technical analysis of Wheels India (WheelsIndia)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 590.50 585.70 610.95 581.95 0.773 times
26 Fri Apr 2024 581.65 593.85 602.50 578.00 1.369 times
19 Fri Apr 2024 577.00 587.95 587.95 566.15 1.275 times
12 Fri Apr 2024 588.75 607.15 622.90 586.05 0.785 times
05 Fri Apr 2024 603.55 604.40 612.00 588.00 0.606 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 (WheelsIndia)

Date Monthly Closing Price Open High Low Volume
30 Tue Apr 2024 590.50 604.40 622.90 566.15 0.923 times
28 Thu Mar 2024 597.35 626.30 648.90 555.00 0.483 times
29 Thu Feb 2024 620.95 660.00 691.95 586.95 0.77 times
31 Wed Jan 2024 657.95 698.95 762.50 649.00 7.18 times

Price has moved down 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 (WheelsIndia)

Indicator Name Indicator Value Indicator Signal
ADX 28, 18, 22 Buy
MACD -11, -13Buy
Stochastics 47None
CCI 113Buy
RSI 37Sell
OBV 23878Sell
VWAP 586Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Wheels India ( (WheelsIndia) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Wheels India ( (WheelsIndia) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Wheels India ( (WheelsIndia) ) based on a short to mid 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.

Price action analysis of Wheels India ( (WheelsIndia) ) 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 Strong and stock is gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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

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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 585.68 and Wheels India (WheelsIndia) 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 (WheelsIndia) stock. Volume based technical analysis of Wheels India (WheelsIndia) stock is negative.

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

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

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