Is WONDER ELECTRICALS in uptrend or downtrend?

In the short term price movements in WEL share indicates the market is Bearish but has taken halt for sometime.

What is WONDER ELECTRICALS share price forecast for tomorrow?

In Wonder Electricals Limited stock current resistance level is at 106 and support level is at 95. Though market is closer to support level there are good chances till these ranges are broken, market would stay Bearish.

What are WONDER ELECTRICALS support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Wonder Electricals Limited in the short-term, the supply zone around 106 and 110. Hence, good chances of resistance around 110. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Wonder Electricals Limited share is around 95 and 90. Hence, good chances for support around 90.

Why is WONDER ELECTRICALS share price falling today?

Latest analysis on WEL stock suggest, as per it's price structure, it is making lower highs and lower lows on intraday charts. This represents bearishness. That's why WEL stock is having a fall today.

WONDER ELECTRICALS Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data