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...
WIPRO important levels for long term investment Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
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...
Wipro is in his resistance zone... Hope next day it will give a good breakout which already has given the signal.
This 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
Looking 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.
NSE: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...
Already 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...
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...
Levels mentioned on chart Its a breakdown from the Triangular Top, Pattern
Looks 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
EXPLANATION : 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...
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...
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...
Wipro 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. **********...
NSE: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 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...