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
As the CNXIT is looking positive we searched for the IT stocks which looks positive for going long. But one should avoid such stocks which is completely out of the main stream. While all IT stocks are performing well only wipro is going down big, so avoid trading this stock as you have other good choices. Always gaps are dangerous neither up nor down have...
supports marked in green. Resistance marked in red. Good risk rewards. Let it form a bottom to start entry.
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. CMP: 639.80 Target : 713-760 Wipro Ltd is now on critical support as well previous accumulation Zone. Now market retrace...
Hello guys, I.T sector looks week to me and yesterday Nasdaq also saw a significant fall so we will be looking to short I.T stocks for a few days, preferably on a pullback. Wipro has made a double top pattern also known as M pattern by some traders, what it means is that the price faced rejection from a specific level 2nd time and is not wanting to go beyond that...
NSE:WIPRO Observations: 1) On 1 day time frame, we can see it just closed at 10DMA. If it trades below 10DMA then we can see some profit booking. 10DMA is placed at 710.91 level. Major breakout level for upmove is 720 level range. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for 10-01-2022 1)...
NSE:WIPRO #NSE:WIPRO formed descending triangle and BO may give positive results. 710 CE
this is trail of my new stretegy for stocks which results are coming please dont trade . as wipro result is coming on 12 jan . if price come to our demand zone near result days then it will give a good bounce.hope for best .thanku
NSE:WIPRO Observations: 1) On 1 day time frame, we can see that it sustain the gap up but closed below 700 level. Still range of 700-702 is major breakout range. Please refer below chart : 1 day Time Frame. ------------------------------------- Levels and trade setup remains same as per previous. Trade Setup for Date: 28-12-2021 1) Don't Jump in...
As on 27 December (closing) Wipro Ltd. share is at very important Level. It is making a pattern of upward triangle with fix Resistance level of ₹700-702 in 15min chart pattern. For Intraday, If Wipro share Price gives closing above ₹703 It can be great Opportunity to buy with Target 1 of ₹715 and next Target of ₹725 or Take Pivot as Target. And For Swing Trade,...
NSE:WIPRO #WIPRO formed descending triangle !! Interested in this level can ping for any clarifications...
NSE:WIPRO Observations: 1) On 1 day time frame, we can see that it is at the breakout zone of 700-702.50 level range. But major breakout will be only above 720 level. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for Date: 27-12-2021 1) Don't Jump in to trade at the beginning of the market. Let it...
the it index is bullish by patterns and indicators so invest as per your risk appetite and follow the lvl if you like the content or discuss more about post then like and do comment
NSE:WIPRO NSE:NATIONALUM NSE:JINDALSTEL NSE:IDEA #NSE:WIPRO gain 2.5 % today shared 80 CE @ 13.8 reached 20.6 till now 50% ROI bagged !! few other stocks shared !! #JINDALSTEL 37 CE #NATIONALUM 95 CE #IDEA 14 CE check my profile for complete details.
NSE:WIPRO Wipro will rocket from here as per my analysis.. Stop loss of 3.5% is enough and target recent highs thanks Guys!