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Wipro

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!!
NSE:WIPRO
by FAHEEMSAM
3
SHORT WIPROI hope you can now see how WIPRO represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
NSE:WIPROShort
by EntryandExit
WIPRO SHORTI hope you can now see how the Wipro represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favour. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
NSE:WIPROShort
by EntryandExit
weekly overview on WIPRO:At every peak the stock has made a new high. May be this will take months to form peak 5. After fall the stock move up rapidly to its peak and near the peak there is price rotation. The formation of new peak is becoming narrow. Making a higher high and higher low. An uptrend is created by higher swing highs and higher swing lows. Pullbacks create the higher lows. Therefore, a reversal of the uptrend doesn't occur until the price makes a lower low on the time frame the trader is watching.
NSE:WIPRO
by Trade-Technique
34