Get started

Wipro

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 :)
NSE:WIPRO
by pranav_nanavare
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!
NSE:WIPRO
by AdhigamaTrading
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.
NSE:WIPROLong
by Sanjan91
3
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:WIPROLong
by Ravitejasreevatsav
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. ---
NSE:NIFTY
by AVENUESOFINVESTMENT
2
Earnings Break - Impulse & Trend AnalysisAs can be clearly observed, in the 5 days before and after Earnings Declaration by Wipro, Share price moves at least 10% upside. Last day it was up 3%, which might be the start of this earnings break upside. It will be interesting to observe how the market reacts to TCS earnings declared just 2 days before. Expecting some upside just like trend, Also the price is around its long term trend support so there are high chances we might see some green candles ahead.
NSE:WIPROLong
by Aayush_Rungta
Simple Trade Setup | WIPRO | 08-10-2021 [ INTRADAY]NSE:WIPRO Observations: 1) On 1 day time frame, we can see that it has been taking support from 50DMA. Which is a good sign that the bottoming is done and down trend is restricted at this time. Please refer below chart : 1day Time Frame. 2) On 1 hour time frame, 650 level is immediate resistance level and 640 is immediate support level. Please refer below chart : 1hour Time Frame. ------------------------------------- Trade Setup for Date 08-10-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respsective level considering how price action works near that level.
NSE:WIPRO
by Trading_hawk
2
Simple Trade Setup | WIPRO | 20-09-2021 [INTRADAY]NSE:WIPRO Observations: 1) On 1hr time frame it has been trading in triangle pattern. Critical Support is at 656 level. Please refer below chart : 1hr time frame. ------------------------------------- Trade Setup for Date 20-09-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respsective level considering how price action works near that level.
NSE:WIPRO
by Trading_hawk
3