WHEELS FOREVER.India will always need wheels to move forward. NSE:WHEELS looks good to move towards 1000+ levels. Base formation done.
Wheelsindia
Wheels India, a great entry opportunity!!!Good entry opportunity in Wheels India.
Price is on the trend line, so risk-reward ratio is good.
Can exit with 1:2 target also.
SL can be extended upto 530.
WHEELS INDIA - Potential Weekly breakout - Add to watchlistWHEELS INDIA, as observed in the weekly chart, is currently exhibiting a compelling technical pattern, suggesting the possibility of a significant breakout. The stock has been forming a symmetrical triangle pattern over the past several weeks, indicating a period of consolidation and tightening price movements.
Price Targets:
In the event of a confirmed breakout, traders might consider setting price targets based on the height of the triangle pattern. TARGET 1 & TARGET 2 mentioned in the chart.
