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Wiproanalysis

WIPRO | Different scenarios | Trade Levels | 19-07-2021NSE:WIPRO Here are 5 different Scenarios for Wipro for 19-07-2021 Trade. These levels are for Intraday Trading. Scenario 1 A little gap up or gap down or flat opening. Entry levels and targets are mentioned in Chart. Scenario 2 A gap up opening but facing resistance. Entry levels and targets are mentioned in Chart. Scenario 3 A gap down opening but facing resistance and then support. Entry levels and targets are mentioned in Chart. Scenario 4 A gap down opening but from bottom great support. Entry levels and targets are mentioned in Chart. Scenario 5 A good gap up opening but facing resistance and then support. Entry levels and targets are mentioned in Chart. Key points to remember. : Wait for a 15min candle close on the mentioned level to take a trade. If you already took positional trade for short or long term then as per Fibonacci next target to watch is 615/616. All the best for trading in next week. Comment below if my Ideas are helping you to understand the levels. Also comment your suggestion or doubts.
NSE:WIPRO
by Trading_hawk
Late night Technical analysis talk 👑 Terms used if you don't know : ✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and converging to a fixed point, these highs and lows created in between them are bulls vs bears fight going on inside the pattern and if it comes to the lower part of it, surely bulls will take it to the topmost point and vice-versa until one of them wins ✣ Structure and trend: Two types of trends that exist in the market today are uptrends and downtrends. Each type of trend tells a different story and has its own impact on a trader's success in the market. While uptrends show a series of higher highs and higher lows, downtrends show lower highs and lower lows ✣Breakout: Breakouts are commonly associated with ranges or other chart patterns, including triangles( HERE WE WILL SEE THIS ONE ), flags, wedges , and head-and-shoulders. These patterns are formed when the price moves in a specific way which results in well-defined support and/or resistance levels. Traders then watch these levels for breakouts ✣ RSI DIVERGENCE: A bullish divergence occurs when the RSI creates an oversold reading followed by a higher low that matches correspondingly lower lows in the price. This indicates rising bullish momentum, and a break above oversold territory could be used to trigger a new long position. ✣ Supply/ Demand: In the supply zone , the prices are higher than the bid price, and in the demand zone , they are lower. The bid price is what a trader is willing to pay for a stock 👑 Important levels - explained well 👑 Comment your thoughts and queries regarding anything on this analysis of mine, feel free buddy :) ⌛ Motivational and psychological area ⌛ ✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade, trade with a happy and + mindset only. ✣If you want to make money, firstly be prepared to lose it, only that much which you can afford and that much by which you can make a mistake again, learn from them and grow ✣Don't lose hope and keep grinding ✣I have seen my friends on youtube streaming games with watching 10, constantly they streamed for a year or two and now they are buzzing with 1k to 2k watching daily. ✣Focus on the process, you are here to make money not stupid decisions and lose it all ✣No one will help you climb the mountain, few will tell the path, so follow good people, make good mentors and make good decisions and choices in the stock market. ✣Believe in yourself :) 🎓🎓 Some info about me :) ➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all. ➼I hope you will love my simple analysis style. ➼Feel free to suggest your view on this as learning is earning here :) ➼I take my trades on my Zerodha account :) ➼I don't take all the trades I post ➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
NSE:WIPROLong
by Averoy_Apoorv_Analysis
14
WIPRO - PRO+GOOD FOR A QUICK OPTION Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade Check these Upcoming ideas - STILL ACTIVE Check these successful trades & approach on HDFC , HINDUNILEVER, INFOSYS ,, MOTHERSUMI , DLF , BRITANNIA If you like my analysis do like & follow me as a token of appreciation. If you have any queries on any stock let me know. Leave a comment that is helpful or encouraging. Let's master the markets together
NSE:WIPRO
by thestockengineer
WIPRO view and levels for next two daysNSE:WIPRO Wipro looks to be in a good value are. Entered the stock since the risk to reward looks good. Tweezer bottom at a very good confluence of support(trendline+200ema/15min+support at 50% fib retracement). confirmed by good volume buying. Can be watched for next two days Last 2 15min candle shows good volume of buying there. planning to exit the trade on Friday. Nifty IT also shows a morning star pattern in 15min time frame at 38% retracement. If opens gap up tomorrow it will be a good sign.
NSE:WIPRO
by vyas1394