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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 11607

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon May 2023	595.20	585.15	598.10	585.15	0.053 times
26 Fri May 2023	592.95	588.60	602.00	581.95	0.065 times
25 Thu May 2023	584.45	578.55	587.80	578.20	0.06 times
24 Wed May 2023	579.45	581.50	587.95	573.00	0.076 times
23 Tue May 2023	587.40	576.00	592.20	571.50	0.079 times
22 Mon May 2023	580.55	560.00	589.95	559.80	0.364 times
19 Fri May 2023	557.45	558.80	559.85	544.95	8.724 times
18 Thu May 2023	550.75	538.10	557.90	536.00	0.54 times
17 Wed May 2023	539.15	536.05	539.50	533.00	0.054 times
16 Tue May 2023	539.50	542.20	542.20	533.25	0.002 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 604.1, for a target of 576.2 or 552.89

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	559.80
Downside Target	559.85
Downside Target	585.15
Upside Target	598.10
Upside Target	602.00
Upside Target	609.00
Upside Target	644.00

Intraday share price targets for Wheels India (WheelsIndia)

Target Type	Value
Downside Intraday Target	587.53
Downside Intraday Target	579.87
Upside Intraday Target	600.48
Upside Intraday Target	605.77
Downside Intraday Target	592.82

Weekly technical analysis of Wheels India (WheelsIndia)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon May 2023	595.20	585.15	598.10	585.15	0.083 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
05 Fri May 2023	531.65	527.55	550.00	523.05	1.917 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
29 Mon May 2023	595.20	527.55	602.00	523.05	8.409 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
28 Tue Feb 2023	510.75	584.95	609.00	498.50	19.77 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 gaining momentum.

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

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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying 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 558.82 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.