Wipro
Short level spot b/n 296-297
SL: 301.5
Targets: 282/278
Reason: Twizzer TOP / C wave down expected from 296-297
ADD LONGS FROM 278-282 LEVELS AS THE BUYBACK IS EXPECTED SOON AT 325
Short level spot b/n 296-297
SL: 301.5
Targets: 282/278
Reason: Twizzer TOP / C wave down expected from 296-297
ADD LONGS FROM 278-282 LEVELS AS THE BUYBACK IS EXPECTED SOON AT 325
Note
Near Target 1. Book half and wait for second targetNote
Cmp 283 . Expecting a bounce till 287.7 before falling lower. There's chance for this EW count to be wrong. (This could be an extended wave 3 top instead of 5th wave top at 299.45). In that case one more high Expected. So trade with TSLNote
Fresh shorts active at 288 . Short with 290.2 as SL . Expected Target 280.50/278Trade closed: stop reached
Trade active
Short side targets met. Now as mentioned buy side active from 278-282. Target 290.5-293Trade closed: target reached
Buy side target achieved.Trade active
Sell again with 297 as sl for lower targets of 280/269Trade closed: target reached
SL TRIGGERED AT 297 BECAUSE OF THE BUYBACK.ALL TARGETS IN SHORT TRADE IS DONE.
DONT BE IN SHORT SIDE
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.