Wipro ltd is currently support in Falling Narrow Wedge pattern. In this stock Fibonacci in golden ratio zone, concentrate long term investor & swing traders. If sustain above 538 in weekly chart. it will be reach all time high price.
📈 Wipro 📉 My Findings :- 1. Breakdown of Support Zone 525-530. 2. Close below Nine Month Low. 3. Whole IT Sector is showing Weakness. Bias- Short Target- 460 and 399 SL- 543 RR- 1: 4 All Important Supports and Resistances are drawn in chart. All levels are of Spot and on closing basis. Disclaimer : Consult Your Financial Advisor Before Taking Any Decision...
The current fall in NIFTY-IT index is leading to fall of a lot of quality shares in Indian stock market. Wipro currently is coming down to an attractive levels of 500!!. The current fall in share prices is expected to make it go at 480-500. Anyone who has taken Wipro should hold untill 480. Also for those who want to add should wait for reversal from 480-490...
Wipro looks to have formed a bearish pattern in the form of Inverted Cup and Handle. The Entry and Target positions are as marked on the chart. Ensure to take the position once the channel breaks downward. This is my view and for educational purposes only. Share your thoughts on this in the comments section and lets chat to understand this better.
2 Gaps were pending which is @598 & @593. Buy Activate when 589 breached & Sustain. Initial Target 593 & main target 598.
Flag and Pole Pattern on Daily timeframe Inv Head & Shoulder 600 Psychological Support Consolidation after a strong Rally
NSE:PERSISTENT #NSE:PERSISTENT trading bullish for few days and reached key resistance level, Post confirmation, may show good momentum, all levels marked on chart !! Happy LEarning.
NSE:INFY #NSE:INFY level shared with target and achieved with 2.5% up move, further targets updated. Happy LEarning.
WIPRO is on verge from breaking consolidation go long above the mentioned level . Targets are mentioned in the chart itself.
Hi everyone, Wipro short term swing trade consider buy above: 573, target: 584, stoploss: 567. LOGIC BEHIND TRADE: Stock recently given correction & formed double bottom & given breakout of it`s resistance (target identified from harmonic xabcd pattern level 0.886) stoploss is taken previous swing low. NSE:WIPRO
Wipro looking good for swing trading 1. break out of trend line 2. rsi divergance 3. 50% retracement level of fibonacci 4. double bottom so overall looking good to buy only when 02.02.2022 high broken if you agree with my idea please do like. thank you !!
This is just for educational purpose and no buy or sell recommendation. Chart is self explanatory.
Educational purpose only Wipro looks bullish lets see how it goes
NSE:WIPRO As we know IT stocks already fallen much now we might see up move for swing, but we should even keep this in mind that we have budget ahead so better to take entry after budget for swing but before that we can go for intraday trades if find reversal for long. 📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of...
Wipro Swing Investment levels Buy @ 570- 550- 500 targets 640- 680- 720- 760-800-900-1000+ Time duration 6months to 1 year SL below 480 Public can short @ 620 AROUND LEVELS
WIPRO has been in the trend since April 2020, and currently, it is on the support of trendline, if we take a trade here at LTP Rs 605.05 we can keep stop loss at Rs 526 and target 1 at Rs 763 with a risk-reward ratio of 2. Any thoughts or comments are appreciated.
As we can see BULLISH DIVERGENCE FORMATION in WIPRO .W can go long above 50EMA and short only if it breaks previous day's low. Targets are mentioned in the chart itself