Wipro
NIFTY IT at risk level as you can see nifty IT daily chart , it taking support at trendline .
and it also broken all pivot lines support levels .
if weekly close below trend line may dangerous
and also it may take next support at 29800 if it continues .
whoever investing now can work with small SL .
do research & learn .
it also forming CUP & HANDLE .
do like my idea if you agree .
WIPRO - Inverted Cup and Handle PatternWipro looks to have formed a bearish pattern in the form of Inverted Cup and Handle.
The Entry and Target positions are as marked on the chart.
Ensure to take the position once the channel breaks downward.
This is my view and for educational purposes only.
Share your thoughts on this in the comments section and lets chat to understand this better.
Nifty at major supportNifty is trading at major support but don't go for long until Shows good moment with two 4h candles. Don't scalp at support as we have big dump Today market still have ability to push market down, also Ukraine and Russian war and many other factors are looking bad, so let's wait for momentum fisrt!
Exit your short trade: wiproAs i discussed or as i provided level for short (down side) trade for 2time mentioned in yellow aarow.. letter on also posted exit point mentioned in red arrow...and I've explained by selling 3wipro..
Evrything happened exactly as i explained, now close the previous trade...soon I'll share what side of position we should take in Wipro... follow for more
WIPRO SHORT-TERM SWING TRADE! Hi everyone, Wipro short term swing trade consider buy above: 573, target: 584, stoploss: 567.
LOGIC BEHIND TRADE: Stock recently given correction & formed double bottom & given breakout of it`s resistance (target identified from harmonic xabcd pattern level 0.886) stoploss is taken previous swing low. NSE:WIPRO