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Wheels India Limited

WHEELS.NS Technical Analysis Summary (NSE)

Analyze WHEELS.NS on the NSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

WHEELS.NSNSE
Consumer CyclicalAuto - Parts
1495.60
50.40(3.49%)
Indian Market opens in 16h 38m

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WHEELS.NS Technical Analysis Summary (NSE)

Wheels India Limited (NSE: WHEELS.NS) stock currently shows a neutral trend on the NSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 43.76)
Trend Strength:Moderate (ADX: 21.70)
Volatility:Medium (ATR: 69.97)
Support/Resistance:$1313.75 – $1718.14 (Bollinger Bands)

Technical conditions suggest Wheels India Limited on the NSE is awaiting a decisive move. Technical conditions suggest Wheels India Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 43.76

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 20.28

Bearish
Momentum remains weak below midpoint.

Williams %R: -72.58

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -2.32

Bearish
Selling pressure outweighs buying.

Takeaway:Wheels India Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -26.66

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 21.70

Moderate
Moderate trend, direction gaining strength.

ATR (14): 69.97

Rising
Rising volatility, market activity increasing.

CCI (14): -122.17

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Wheels India Limited shows oversold trend conditions, with potential for rebound if buyers step in.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1718.14
Middle Band (SMA 20)
$1515.95
Lower Band
$1313.75
Current Position
Within Bands

Takeaway:Wheels India Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$1632.63
Middle Line (EMA 20)
$1492.69
Lower Channel
$1352.74
Squeeze Status
No Squeeze

Takeaway:Wheels India Limited trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume7.81M
Money Flow Index51.40Neutral, balanced money flows with no clear signal.
Relative Vigor Index48.26Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:WHEELS.NS shows balanced money flow with a slight bullish bias.

Technical Trading Signals Summary
Based on the current technical analysis of Wheels India Limited (NSE: WHEELS.NS), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Wheels India Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NSE: WHEELS.NS) Technical Analysis FAQ