Stock analysis Wheels India Limited WHEELS
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Recent prices of WHEELS Wheels India Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 19 Fri Apr 2024 | 578.85 | 567.05 to 582.10 | 0.98% | 0.49 times |
| 18 Thu Apr 2024 | 573.25 | 569.95 to 587.00 | -1.55% | 0.53 times |
| 16 Tue Apr 2024 | 582.25 | 566.15 to 585.20 | 2.13% | 0.5 times |
| 15 Mon Apr 2024 | 570.10 | 565.60 to 587.00 | -2.97% | 1.1 times |
| 12 Fri Apr 2024 | 587.55 | 585.85 to 604.80 | -2.05% | 1.11 times |
| 10 Wed Apr 2024 | 599.85 | 597.05 to 607.70 | -0.44% | 0.88 times |
| 09 Tue Apr 2024 | 602.50 | 599.05 to 617.00 | -0.38% | 1.19 times |
| 08 Mon Apr 2024 | 604.80 | 601.95 to 622.05 | 0.02% | 1.3 times |
| 05 Fri Apr 2024 | 604.70 | 597.15 to 609.90 | 0.19% | 0.74 times |
| 04 Thu Apr 2024 | 603.55 | 599.45 to 610.00 | -0.09% | 1.37 times |
| 03 Wed Apr 2024 | 604.10 | 591.20 to 610.00 | 1.77% | 1.26 times |
| 02 Tue Apr 2024 | 593.60 | 591.80 to 608.45 | -1.77% | 1.53 times |
Technical analysis forecast for Wheels India Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Wheels India Limited WHEELS at this time. Stock is falling and might fall more.
It appears as if Wheels India Limited WHEELS gave a large move recently.
Stock of Wheels India Limited (WHEELS) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Wheels India Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 577.8 as stoploss in an intra day buy trade for a target of 590.59. However, stock will show a bearish move below 577.8.