This study is to show the importance of a simple Triple confirmation Strategy in WIPRO that has generated a good return in the past and currently shows the same confirmation. 1. 200 Weekly Moving average – the stock must have tested the 200 Weekly Moving Average. 2. Rate of Change must be above 1 3. RSI must be at or above 50 or marginally lower. In the Past: ...
Keep this stock in your watchlist Soon we will see momentum on any side But this stock for me is a buy on dips Thanks
Wipro Weekly Time Frame Rsi Divergence Next Week IT Trend
Wipro made Bullish Hammer in Daily TF Breakout with volumes in 15min and hourly TF Above 397 trade will be confirmed further Min Target 1:2
Key highlights: 💡⚡ ✅On 1D Time Frame Stock Showing Breakout of Trendline . ✅ Strong bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 445. ✅Can Go long in this stock by placing a stop loss below 400. ✅ breakout this can give risk:reward upto 15%+
Wipro good buying opportunity Big target 100% sure BULL SIDE HOLDING, GOOD TIME FOR INVESTMENT
See the long term chart of Wipro. Coming to retest its channel breakout of 340 levels. Buy here for 600 as T1 and may be new high. Another scenario may occour i.e. restest of channel at 200 levels, which should come in my opinion if level 335-340 breaks.
Wipro sustaining above important resistance level Almost 60% return target.
Wipro doesn't look good to buy at current level as it continued going down after some short covering . As we can see wipro is again sending some alarming signal, After few short covering session it broken down the channel then sitting at head Nd shoulder which is yet to be confirmed. If goes down below 380 in couple of days then it mY retest the strong buy zone...
Wipro is continuously in downfall and holding the support of level 385. Now, it created a pattern of " head and shoulder " we may see a good fall if it closes below the bottom of the previous low of the pattern. The share faced rejection of 50DMA and closed below it again. Fib Retracement - Putting the Fib from the Corona time low we came to know the level of ...
Wipro making symmetrical triangle on 15 minutes chart pattern, Trade as per your setup.
Wipro Ltd. : CMP 400 ABOUT THE COMPANY Wipro Ltd is a leading India based provider of IT Services, including Business Process Outsourcing (BPO) services, globally. Further, Wipro has other businesses such as IT Products, Consumer Care and Lighting and Infrastructure engineering. Analysis: Wait for support level as per analysis, dip to buy best option for long...
Wipro can fall to 370,330 major support 300 Disc: not a sebi registered
Check the MACD line, There must be a downtrend in Wipro till 400 or max. 385/380. trendline below the current level is strong trendline, You can see it is break in the 6th turn. There should be an opportunity of buying this stock after it took the support of the trendline / Resistance line. Let's wait and watch...!!
The stock has been following a trend line from August 22 and finally there is a break out of the trend line. Wipro on the daily time frame has closed at 398 level above the 20 EMA. IT sector might give a nice up move as the sector has been under performing. The stock and IT index has gained over 2% on the daily time frame. 3 points confirmation. 1. Trend...
Wipro Forms a head n Shoulder pattern in weekly timeframe, the bear trend always reverse from the Higher opposite volume , Wipro has possibility of reversal from near 293-295 level in upcoming weeks.
Wipro Fromed bullish RSI divergence on the weekly Chart. also, It reversed from the 61.8 % retracement level of the Fibonacci retracement of a previous bullish trend. one can go long on Wipro with the stop-loss of levels marked with an arrow because it acts as a pivot point in the near term. it might Give a good move when RSI Crosses the 50 level on the weekly...
Wipro formed Inverted Head & Shoulder Pattern in Weekly time frame. Below 376 goes fall, Above 452 trend reversal possible.