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CT143
Dec 16, 2020 3:23 PM

WIPRO | RR 1:4 | Pre-Breakout Long

WIPRO LTDNSE

Description

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Positional Trading Opportunity ! Daily Chart Alert !!!

--Buy above = 368 (Breakout)
--Stop-loss = 355
--Target's = 400 | 420
--R:R = 1:4
--Pattern's = Triangle Pattern | Flag Pattern

#ThankU For Checking Out My Content , I Hope U Liked IT 📌

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Technical Reasons to trade or Strategy applied :-

1) Wait For Clear Entry
2) Watch Out For Volume After Pattern Breakout / At Breakout Candle
3) All IT Stock's & IT Index Is In Uptrend , Stock Is Trading Above 200DMA
4) Overall Stock looking Bullish...

📈(Risk Must Be Managed.)
🙄Keep Your Eyes On Index
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Guys Check Out MY Related Ideas As Well, You Will Found Them Really Useful, GUARANTEED !

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👍LIKE if you found it useful !
✍COMMENT Below your view !
----------Any Suggestions----------

Trade active

Placed Buy Order At Price 365 | 1Lot | Jan Exp.
Reason - Cup & Handle Seen In 1H | Whole It Stocks Bullish.
& I Also Think My Entry Is Too early This Tym.
With Stop 355

When Good Breakout Is Confirmed I Will Look For Trailing Stop To 357.5 ,
You Can Manage Your Trade According To You / Your Risk Capita.
Comments
ReviveTraders
it 'll be helpful for me
CT143
@tradethetip, Ok, I Will make New One For MEe.
ReviveTraders
@CT143, yeah that is the spirit ...i 'll definitely appreciate your idea & the description as well ...keep posting your amazing ideas sir 🎯🙏
ReviveTraders
Nice Description sir 👍
now i have to change mine ...just don't copy that
CT143
@tradethetip, 🙄 Ok. & Sorry
ReviveTraders
@CT143, you have posted this description in only post so i request you to change that & make your own
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