The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock...
WHEELS -- crossed trend line with decent above average volumes Volume is Monthly High The daily trend changed to positive High on momentum Above 20-SMA on Daily, Weekly, Monthly Time Frame Also, the Monthly trend is +ve & now the Weekly trend Changed to +ve. Please do your own research before making any investment
#sswl Steel strip wheels Ltd. One of the biggest alloy and steel rim player. Some renowned names hold stake in it (Tata steel, sumitomo metals) Customer base has names of Kia, Tata, BMW, honda. Holds more than 50% market share in each and every segment. Currently under pressure due to automobile Sector weakness, good time to start...
Detailed analysis given on the chart NSE:WHEELS
Wheels Ind. Look at the Wonderful Chert, 🤩 this is the Power of Brackout
WHEELS : BO with volume Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing