VR_Securities

Wheels India LTD, Kindly do your own study

Long
NSE:WHEELS   WHEELS INDIA LTD
This stock is in momentum in monthly time frame.
Monthly- Price is above 50 EMA and challenged upper bollinger band
MACD PCO near Zero line and RSI is above 60.
It'S look like ABC correction is over and B point is gone.
EMAS PCO
Weekly- Price is challenged Upper bollinger band with trendline BO
Volume has been increasing since last 6 weeks.
Daily-Concern is Big green candle at top of the main trend
Volume is huge
RSI and ADX levels are not sustainable.
Wait for the cool down of stock.
Clause de non-responsabilité

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