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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 1146

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Jun 2023	614.70	623.50	625.30	607.00	1.314 times
05 Mon Jun 2023	619.65	621.15	642.15	614.50	1.043 times
02 Fri Jun 2023	630.90	642.00	643.55	624.70	1.073 times
01 Thu Jun 2023	620.10	615.35	629.70	615.30	0.496 times
31 Wed May 2023	609.40	587.45	618.45	587.45	3.408 times
30 Tue May 2023	587.55	598.20	598.20	582.30	0.604 times
29 Mon May 2023	595.20	585.15	598.10	585.15	0.54 times
26 Fri May 2023	592.95	588.60	602.00	581.95	0.654 times
25 Thu May 2023	584.45	578.55	587.80	578.20	0.612 times
24 Wed May 2023	579.45	581.50	587.95	573.00	0.771 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 608.7, but if it comes below 608.7, then a intra day sell could be more profitable.
If you take a sell trade below 608.7, then use 608.7 as stoploss and 577.13 as target. However if you take a buy trade in stock , then use 608.7 as stoploss and 646.5 as target.

Share price targets for Wheels India (WheelsIndia)

Target Type	Value
Downside Target	434.00
Downside Target	455.60
Downside Target	498.50
Downside Target	523.05
Downside Target	582.30
Downside Target	602.00
Downside Target	607.00
Downside Target	609.00
Upside Target	618.45
Upside Target	642.15
Upside Target	643.55

Intraday share price targets for Wheels India (WheelsIndia)

Target Type	Value
Downside Intraday Target	600.42
Downside Intraday Target	586.13
Upside Intraday Target	635.57
Upside Intraday Target	656.43
Upside Intraday Target	621.28

Weekly technical analysis of Wheels India (WheelsIndia)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Jun 2023	614.70	621.15	642.15	607.00	0.385 times
02 Fri Jun 2023	630.90	585.15	643.55	582.30	0.938 times
26 Fri May 2023	592.95	560.00	602.00	559.80	0.069 times
19 Fri May 2023	557.45	540.65	559.85	533.00	26.798 times
12 Fri May 2023	535.00	534.85	550.00	530.15	0.984 times

Price has moved down 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
06 Tue Jun 2023	614.70	615.35	643.55	607.00	0.035 times
31 Wed May 2023	609.40	527.55	618.45	523.05	8.719 times
28 Fri Apr 2023	513.50	455.60	539.00	455.60	0.498 times
31 Fri Mar 2023	451.85	511.35	549.00	434.00	0.177 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 (WheelsIndia)

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

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

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

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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Wheels India in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 607.12 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.