If it maintains the resistance level then it will reach the target
As you open the 1 hour chart of wipro price is coming down to take the support And in 15 min chart it done the retracement of 0.612 moving upward to form thr bear gartely pattern
Some Stocks patterns very well. Wipro here gives a good break out and consolidates for 1.5 to 2 months. I will wait till consolidation ends.
WIPRO GIVES TRIANGLE BREAKOUT. IF IT STAYS ABOVE 443, THEN SHOWS SOME UP MOVE. HAVE EYE ON IT.
STOCK now after good upmove dual top below 20 dma a short on bounce with 1347 short area 1318 to 1330 target area 1252//1247//1230///1190
Trade with proper money management. Educational Purposes! Comment below for any queries.
if t picks up then go for swing opportunity with the target 465 or if it breaks the resistance zone then there is a breakout opportunity. *only for educational purpose
Not much complex, simple one! There’s been an important support zone ,which is successfully tested and passed . Target 1 achievement holds stronger probability, and if trend and momentum continues , Target 2 also can be achieved . Trade wisely and smartly.
NSE: WIPRO Looking Bearish Go For Short-Selling
Just an analysis of wipro done by me .I can be also wrong. This is my first publish post do comment your views on it.
how much going? Ans. Wipro always going up.
Sell below 387 sl 391.2 TGT 378 and 368. Disc : it's not an investment advise to buy or sell
The stock is trading near its all-time high price and would give good opportunity in both directions. Everything is explained in the chart. Happy Trading! InvestPro India Team
Wipro is on life time high, It Break its Important Resistance and after taking Support it is continuing its Bullish Trend.