NSE:WIPRO As we know IT stocks already fallen much now we might see up move for swing, but we should even keep this in mind that we have budget ahead so better to take entry after budget for swing but before that we can go for intraday trades if find reversal for long. 📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of...
NSE:WIPRO Wipro analysis INTRADAY level are provided IF IT BREAKS ITS SUPPORT WITH HEAVY VOLUME THEN SHORT FOR 520 THANK YOU HAPPY TRADING
NIFTY IT index is currently at a potential reversal point suggested by the XABCD bullish crab pattern and low RSI value on the daily timeframe. The bounce may be up to 0.382-0.618 fib zone extension of CD. This doesn't mean IT would reverse its trend from here. Before the budget, it might test important resistance 36750. This might be just a correction for the...
As per our view presented on 21Dec we initiated Short position in Wipro and now we are heading towards our expected level, we will book profit in our short position @ 600 underline stock levels. After starting 3 wave corrective move from (3) Blue we are now heading to 590 Level which is expected to find buying. We will be initiating Long trade with levels as...
Wipro can be accumulated here with a very small stop below 600 Multiple confluences as shown in chart too.
1. Near Supply zone 2. Touched the mark of 200 SMA 3. RSI below 10 whats your view on this?
Potential Opportunity as Swing Trade in NSE:WIPRO Risk : Reward - 1:2 ENTRY - 636.00 TARGET - 616.00 STOP LOSS - 676.00 This is for Educational Purpose only, apply your prudence & consult your adviser before any investing. HAPPY TRADING..... #nse #swingtrade #nifty #wipro #nifty50 # #priceaction #supportzone #trendline #retest # retracement #bullish...
Wipro NSE:WIPRO Levels are provided. Go with the following chart and make entries in your trade accordingly. As per data, it's on the negative side. DON'T TRADE "IN NO TRADE ZONE" THANK YOU HAPPY TRADING
As the CNXIT is looking positive we searched for the IT stocks which looks positive for going long. But one should avoid such stocks which is completely out of the main stream. While all IT stocks are performing well only wipro is going down big, so avoid trading this stock as you have other good choices. Always gaps are dangerous neither up nor down have...
Wipro Ltd is a leading India based provider of IT Services, including Business Process Outsourcing (BPO) services, globally. Further, Wipro has other businesses such as IT Products, Consumer Care and Lighting and Infrastructure engineering. CMP: 639.80 Target : 713-760 Wipro Ltd is now on critical support as well previous accumulation Zone. Now market retrace...
I do not like writing beautiful stories and convincing you to like my idea. I'll just give you the reasons which makes me feel, WIPRO can be a good buy. Use your own analysis for execution. Reasons to Buy: 1) Price reaching for the previous accumulation level. 2) Fundamental reason for demand as the company will distribute dividends. 3) IT sector has a tendency...
Wipro is in good demand zone of monthly weekly and daily and having support from 20EMA.Must Byu trade with Target of 680+ and SL of 635.
Wipro Long Strong resistance breakout with good volumes RSI-67 Buy at CMP- 697 SL- 652 Target- 762, 789 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Hello guys, I.T sector looks week to me and yesterday Nasdaq also saw a significant fall so we will be looking to short I.T stocks for a few days, preferably on a pullback. Wipro has made a double top pattern also known as M pattern by some traders, what it means is that the price faced rejection from a specific level 2nd time and is not wanting to go beyond that...
NSE:WIPRO Observations: 1) On 1 day time frame, we can see it just closed at 10DMA. If it trades below 10DMA then we can see some profit booking. 10DMA is placed at 710.91 level. Major breakout level for upmove is 720 level range. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for 10-01-2022 1)...
NSE:WIPRO is very good fundamental company. on daily time frame stock is creating rounding bottom, so one who miss the rally of the Wipro can buy this stock now for a very short term target of 725 and, long term target of 1000+
Nifty IT gave breakout after long consolidation. Nifty 50 is in correction mode and can fall more as per analysis.. IT stocks can support market and hence one can can go long in WIPRO.. Details in the chart..