WIPRO..picture perfect takeaway gapNSE:WIPRO
Wipro will rocket from here as per my analysis..
Stop loss of 3.5% is enough and target recent highs
thanks Guys!
Wipro
WIPRODISCLAIMER: Iam not a sebi registered, Trade at your own risk ,This is for educational purpose only.
WIPRO - Ready for take off ?WIPRO today has closed on 646.90. entry was 647 which should be good as it has sustained a support above the triangle, would recommend to wait for one more candle for up move, if it closes above 647 tomorrow it should uptrend later.
looks like a doji candle creation to me hence its better to wait for one more candle before entering.
WIPRO Trade live Setup Today watch out the levels for WIPRO .
wait for the Double confirmation for the Best ebtry and the stoploss
Target Where your greed Ends...Lol
Don't Advice to take the trade on my Levels. Take it on your own risk
I will not be Responsible for any kind of loss & profit
** NIFTY IT index outlook for the next few months **Hello Traders., Today its 9 Dec evening..
We have found a descending triangle just at the top of the rally in the NIFTY IT index. And the Triangle is going to break.
Two things to watch out from here.. i) Firstly a huge momentum will be followed in the IT stocks when the triangle pattern breaks either on the upside or on the downside,
ii) Secondly the trend will be set and always follow the trend .
So please be careful in the investments that you take in the IT index stocks.
It's not long that we might see a good correction or a positive upside in the IT stocks .
I am not saying you to short or be long the IT stocks tomorrow but the Outlook is a terrifying . So please have a look. Time will say everything. Have patience.
WIPRO important levels for long term investmentWIPRO important levels for long term investment
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
WIPROPE ratio of the wipro is strightly hight and according to my analysis , it taken break down , and given the conformation by hitting the break out palce with green candle ,
Wipro, fundamentally bullish, T= 700+Wipro along with the whole IT sector has been correcting and now consolidating from the past 3 weeks. After stellar performance in the second quarter of FY 2021-22, IT sector is preparing for another bull run. This time along with TCS, Infosys and Wipro will also make new highs.
My choice for short term and intraday is Wipro, CMP 660/- for targets of 684, 720 and 760 (in the coming month).
WIPROWipro is in his resistance zone... Hope next day it will give a good breakout which already has given the signal.
WIPRO: Entry points for Long Term InvestmentsThis is a long term Investment Idea (Buy Only) following signals from this indicator.
Wipro has given a multifold return over the years. It is also known for paying dividends/bonus & has a solid management.
*Never put all your eggs in the same basket! Typically should diversify investments to absorb shocks*
#Wipro #Investments #Dividends #NSE #BSE #LongTerm #GoldenStocks
#wipro Short Term Positional ViewLooking good for swing
If #wipro sustains above 667.
Expected Targets: 674, 687, 700
SL: 633
this is not a recommendation, this is just a personal view.
#EXPLEOSOL Expleo Solutions #ML #AI #IOT #IT #BLOCKCHAIN #MONEYNSE:EXPLEOSOL
Expleo Solutions Ltd.
NSE:EXPLEOSOL
Risky but could be a great trade
RR Ratio > 4
CMP: 1127
Target 1750 almost 50%
SL: 975
Time < 6Months
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
WIPRO SWINGAlready in a very strong uptrend , pullback is completed now;
1. Back to it's old support. ( 645-652 ) levels.
2. Formed a good morning star at support.
3. Took a support at 55 EMA.
Buy price : 660
Stop Loss : 643
Target 730+
A great risk to reward ratio of above 4.
Disclaimer : This analysis/strategy is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
#KREBSBIO KREBSBIO #NIFTY BANKNIFTY #NSE #BSE #HDFCBANK #SBIN Krebs Biochemicals And Industries Ltd.
NSE:KREBSBIO
NSE:KREBSBIO
CMP: 175.40
Target: 250+
Time frame: < 6months
SL: 148
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
Wipro - Holding on to supportLooks as if it may Hold this area 640-50
If sustains can go back to 720-40 levels again
View negated if holds below 640-35 levels
Swing SetupEXPLANATION : This is a Daily time frame chart of WIPRO . The stock has been in a uptrend for days and has taken multiple times of trendline support , If give a strong breakdown and broke its trendline support & demand zone with volumes and has retested the same. I am bearish on this stock for the coming days . If support taken from trendline either demand zone its has formation of higher highs and higher lows , then I am bullish on WIPRO for the coming days .
If you like the analysis give a Like // Follow for more updates , let me know in comments below :)
Is Wipro’s consolidation completed ?Is Wipro’s consolidation completed ?
Reasons/Traits :
• Gartley Bullish Harmonic Pattern formation is seen
• Todays close is exactly at 0.5 Fib retracement level of last swing high and also taking a support of current up trend
• Price took support of 20 EMA today
• Stock is still bullish as Bulls are in control as per indicators
What can happen next :
Scenario 1 : Stock uptrend to continue and reach 665/675/690/710
Scenario 2 : Downtrend post break down of 0.5 Fib level (654) to reach 640/620/600/580 levels
Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
WIPRO : RESULTS DAY PATTERN IS OBSERVED. WILL IT RISE?A support trendline has been forming on the price chart of Wipro since the 1st quarter results in April 2021.
A similar spike in volume and price was observed around the result date in the 2nd quarter results also.
So, expecting this as a pattern the institution buyers are following, we can risk a mere 2% as a stoploss and take the long trade.
Long when the price bounces off the trendline and trail your profits.
Stoploss below the green zone mentioned on the chart.
Wipro For Swing Trade ( Buy/Sell) AnalysisWipro given good Breakout after good Consolidation at a support level, The Question is will it sustain above 670 levels if the price sustains above 670 levels we will enter into the trade by keeping 648 as Stoploss (If candle closes below 648 and it's low breaks) & 730 As TGT.
*Always Enter With good confirmation & Maintain proper Risk Reward.
********** Educational/information purpose only **********
>> Visit My Ideas Page for Daily Stock Analysis, Follow for Live Updates. <<
NSE:WIPRO LongNSE:WIPRO
#Wipro trading @ Resistance zone and breakout will give positive momentum
Above candle closure and be traded options too.
Have a Happy trading.
Levels Perfectly captured & shared for FREE Everyday !!
If you like the analysis, Hit like button and share it with your friends to extend your Support.
Long On WIPROLong on WIPRO.
More info. on chart.
WIPRO has taken multiple times of support at 655-660 levels, and a breakdown at this level.
This support turned into resistance and breakout with a volume spike and also a trend breakout happened at 665 level.
Once 665 or 675 levels are sustained then, one can expect 689.4, 699.15,718.6 as Targets with 668.4/675.2 as Entry-1 and 662.7 as Stop loss.
IT "glitch" drags Nifty below 17950 from 18040+NIFTY 50 EOD ANALYSIS -11-10-21
In this post, I talk about the analysis for the day and the trading range for tomorrow. The video discusses with the help of the charts how the indices as well as leading stocks performed during the day and their likely play tomorrow.
O 17867.55
H 18041.95
L 17839.10
C 17945.95
EOD - +50.75 points /+0.28%
SGX Nifty at 1930h =20points
FII DII = -1676 Crores.
CHART BASED CONCLUSIONS using 5 Minutes Chart
Nifty opened a mild gap up and then sold off to 8-10 low level and then, made a strong and sustained recovery to clear 18000 in style and then topped 18040 as well.
However, by then FTSE had opened and the usual nervousness walked in and then there was a sell-off over the next 3 hours.
Yet again, Nifty ended the day 90+ points below the ATH level achieved during the day.
NIFTY WEIGHT LIFTERS & DRAGGERS
Top 5 Lifters contributed = 72
Top 5 Draggers contributed = 87
Net = -15
POSITIVES
Nifty hit an All Time High above 18000.
Nifty ended at yet another ATH close.
HDFC was very volatile but settled in the green on an EOD basis.
HDFC Bank seems to be pricing in a good result like how TCS did.
Bank Nifty hit a new ATH and also ended at a new ATH.
NEGATIVES
IT big heads dragged Nifty in a big way.
I do not recall TCS falling more than 3% post results in the recent past. Though this was to happen as it was at a very critical level below 4000.
Reliance lost more than 60 points after hitting an ATH of 2720.
TRADING RANGE FOR the coming week
Nifty 17700-750 is the support base. I am not sure about the resistance levels as price action in Infosys, Wipro, as well as HDFC Bank may keep driving Nifty as they get ready to receive their answer papers during the next few days.
Bank Nifty Support = 37500-700 appears to be a good support area. Since the ATH was hit today, I will let the index play its game for a couple of days and see where it ends the week before commenting on any resistance levels.
INSIGHTS / OBSERVATIONS
Nifty low for the day was just 1 point below 8-10 low and high for the day was 100 points above 8-10 high and yet Nifty managed to close only 50 points above 8-10 Close.
This seems to be a mathematical play!
The contribution by Nifty top 5 performers fell short by 15 points from the top 5 draggers of the Index. This is the kind of weakness and negativity that was driven by the IT index and that is why the subject line of the post.
What do you feel about this?
Thank you, and Happy Money Making!
Umesh
11-10-21
NOTE --
This write-up is not a prediction mechanism for the movement of Indices in the Indian markets as the markets are unpredictable in nature. I may refer to many data points in the article but I do not base my view on any of these standalone. In fact, I prefer to react to the price moves than predict the price moves. I also do not review Open Interest. Whatever data points I am using, are all stated in the article. The article title, as well as its contents, can at best be stated as --- This Is How I Read Nifty. I hope I have been able to set the expectations right.
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