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.....
24-07-2022 Stochastics are at low shows to go high and touch 473.85 till mid-October according to the Fibonacci tool Analysis Wipro Released its Q1FY2022 results where it grew its revenue but issuing dividends to the shareholders made an unusual expense to the company. CFO Jatin thinks, issuing dividends is the reason behind its increased expenses and fall in NET...
NSE:HCLTECH #NSE:HCLTECH trading @ Key Support level and good above 935 with as 925 SL. Medium to long term, chances to continue fall if BD 890 level. Happy LEarning !!
Wipro has made decent correction and now it is reversing from Monthly Half BAT Level. We Can add this in Portfolio for Swing or Investment Purpose. . Name of the Pattern - Bullish Half BAT Pattern PRZ 1 - 449.60 , PRZ 2 - 403.20 Stop loss - 381.15
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.