Wipro has completed its wave 4 on monthly time frame, whereas some other IT stocks haven't. •This is a good opportunity for investment as well as swing trading. •Within 1 year it can give you good returns
Wipro has corrected 50% from its all time high And now it has also broken important support zone it is heading towards 320 to 300 support zone
WIPRO : The stock is trading in a trend line. The stock looks Good Above 415.50. Wait for the Breakout to Take entry. The expected targets are 426.50 & 440
Wipro has been consolidating in a range and is forming a double bottom pattern on the weekly time frame. The stock has closed below its 200 ema (weekly chart). The whole IT sector has been in a consolidation phase and is near its recent low. On the daily time frame, stock has given a negative candle and retested its levels of 400. Confirmation points. 1....
Wipro: -------- Volume not supporting the upside price movement. Wait for either side breakout for good RR.
Wipro: -------- Self-explanatory picture. If the price breaks days low then there is a problem & it can go further down.
Wipro Analysis for leaning purpose. 1. Taking Moving Average Support (MA 44, MA 50, EMA 44, EMA 50) 2. Closing Above Trendline 3. Already taken support from Monthly .618 Level Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk. Happy learning. Cheers!
WIPRO looking good above 425. keep sl below 387 & target above 531
Good Weekly closing Heavily beaten stock divergence seen in chart Good R:R Very Good fundamental stock
WIPRO as per daily chart analysis Stock Above 446 Target 453. Happy Trading to All...
Wait for trend line breakout for reversal 1) first target @ 560 with 20% return 2) Second target @ 620 with 35% return 3) Stop loss @ 390 with 15% loss
Analysis for Wipro Future Trade. Price has reacted to a Demand in higher timeframe and has violated Weekly Supply There is a Monthly Demand formed.
Let's understand the RSI Bullish Divergence before we take it into account. RSI Bullish Divergence Like all indicators,Divergence also fails sometimes, Success rate of RSI Bullish Divergence is 40-45% for Trade RSI Bullish divergence will provide good accuracy in Daily Time Frame . As per my view avoid shorter time frame anything below 60 mins RSI Bullish...
Let's understand the RSI Bullish Divergence before we take it into account. RSI Bullish Divergence Like all indicators,Divergence also fails sometimes, Success rate of RSI Bullish Divergence is 40-45% for Trade RSI Bullish divergence will provide good accuracy in Daily Time Frame . As per my view avoid shorter time frame anything below 60 mins RSI Bullish...
IT sector has been under performing from the last few months and the Nifty IT index has taken a major support in the range of 26300-26400. A similar pattern has formed in Wipro which has taken it's previous major support at the levels of 400. Since Wipro has corrected more than 40% from it's ATH, there is a high probability of sharp up move once recovery starts...
wipro swing trade with good risk reward ratio NSE: WIPRO
WIPRO based on 15min chart pattern as per my post 25.07.2022 was in Make or Break on 26.07.2022. Today it has broken and heading to fill the gap @ 394. Below 401 then Target 394 Happy Trading to all...
WIPRO As per 15min Chart Analysis tomorrow 26.07.2022 is an important day for a make or break and if stock above 417 then target 421. Happy Profitable Trading to All.....