Wipro: -------- Volume not supporting the upside price movement. Wait for either side breakout for good RR.
2 Gaps were pending which is @598 & @593. Buy Activate when 589 breached & Sustain. Initial Target 593 & main target 598.
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 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...
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...