Wipro
Is Indian I.T sector rally over? " Shooting Star Pattern" According to technical indicators and candlestick analysis looks like the Indian I.T sector share gets overstretched and correction is possible. Also, RSI is in the overbought zone (80), and also in day frame analysis, it has formed a "Shooting Star" pattern (Trend reversal pattern).
Here, by Nifty I.T analysis I am referring to I.T stocks
Eg: NSE:TECHM , NSE:TCS
This analysis is done only for educational & intelligence purposes, invest or trade at your own risk & will.
NIFTY IT INDEX POSITIONAL VIEW BUY ON DIPSNIFTY IT LONG TERM VIEW, GOOD TO BUY ON DIPS
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WIPRO - Symetrical Triangle (Bilateral)Can go either way.
Disclaimer : The opinions and analysis expressed herein are for informational and educational purposes only and should not be considered as individual investment advise or recommendations. I am not your financial advisor. Risk it for Biscuit.
WIPRI LIMITED Go Long. Bullish HAMMER ON 2 Hr.CHART
Professional Day/ Short-Term Swing Trader. Ideas and entities are opinions. Trade at YOUR OWN RISK. I am not your financial advisors. Risk it for the biscuit.
WiproLook For Buy (Positional)
Keep Your Eyes On Index
(Risk Must Be Managed.)
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--Any Suggestions--
Wipro : Long Trade SetupNSE:WIPRO
Hi Traders,
WIPRO remained range-bound throughout month and form bullish breakout on September 11. It can be face resistance on 301.60 , if it close above it, momentum will be continue and try to hit our target.
Entry and target level on chart.
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* This analysis is educational/learning purpose only.
* Trade at your own risk.
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Wipro Triangle pattern- breakout expectedExplanation provided in chart.
Analysis for education purpose only.
WIPRO ------ Analysis1.Wait for perfect breakout
2.Formed triangle pattern
3. check comment box regularly
#tradethetip
WIPROIm not an expert im just sharing my views on WIPRO for tomorrow
Im not responsible for any profit or loss this is not a recommendation
Wipro - #LongSide - Beautiful Fifth Wave is Waiting For You! :)Beautiful Picture And Beautiful Risk To Reward Ratio !
TCS LONG - TRIANGLE BREAKOUT + RETRACEMENTTHE BREAKOUT FOLLOWED BY A RETRACEMENT IS AN INDICATION OF BULLISHNESS IN THE STOCK.
BEWARE OF THE RISK INVOLVED IN TRADING STOCKS AND PLAN YOUR TRADES ACCORDINGLY.
THIS SHOULD ONLY BE USED FOR LEARNIG PURPOSES AND NOT AS A TIP.
TRADE AT YOUR OWN RISK.
HAPPY TRADING!!
THE BREAKOUT WAS DISCUSSED EARLIER, BUT THE TREND CONFIRMATION IS SO STRONG.
SO HOPE YOU WILL CATCH THE MOVES COMING IN THE FUTURE.
WIPRO - 1D - BullishWIPRO - 1D - Bullish : Its trading in Triangle formation , we can expect good moment only after Triangle breakout/down.
WIPRO seems bullishI am anticipating this move on the upside, risk should be half of the normal risk you take per trade.
Please do your own research before trading or investing.
I am not a SEBI registered advisor so consult your financial advisor and take appropriate decision
Happy Trading!!
WIPRO INTRADAY SWING IDEAWipro is able to hold its 277 level, once broken and sustained sell can be initiated
BuyWill buy Wipro at 282 (40%) and at 287 (60%) with stop loss below 276
Disc: It's not an advise to buy or sell
WIPRO - A CHART WITH THOUSANDS OF OPPURTUNITIESThe same pattern happened for 5 consecutive days. The pattern you can find is :-
A Gap Up Opening.
Then an up move to trendline. (refer the chart)
Followed by fall to support @ 276/275.
Also note these points :-
CNXIT or NIFTYIT also has been consolidating in an ascending triangle pattern.
The stock is witnessed a selling pressure at the end of the week
The stock's range is decreasing day by day increasing it's chance for a powerfull breakout
Beware : Please keep in mind and stay away from False Breakout Traps.
Also this is not any recommendation, it is only for educational purpose.
Trade at your own risk.
Thank you
Have a Nice day!!
