Wipro - Buy on dipsWipro - Resistance broken with strong volume
Pull back at low volume
Entry Zone (on pull back) between 365-370
Sl below 345
Tgt - Open
Wiprolong
Wipro 15% upside Date 24 Dec 2020
Wipro- CMP: 383
Cup and handle formation taking shape in wipro during the uptrend.
Target price: 436
Target Duration: 05 March 2021
SL can be placed at 350
Channel & level breakout in Wipro. Entry:360 SL:355 TGT:370/375
Wipro has been consolidating since mid October and it is the stocks 2nd attempt to break 360. The previous attempt to break 360, which was was about 5 trading sessions ago, failed because of non-supportive market conditions. But in this attempt Wipro has made a bounce from its 20 DMA yesterday after breaking it intraday and Wipro has generally respected these levels. Given the previous failed attempt I would wait until 360 has been crossed.
The targets are positional and not for intraday.
Wipro gapfill completeI had posted a gapfill idea a couple of days ago. That seems to have completed. ~2 points miss which I think is decent fill. Now the stock is ready to move upwards again. Catalysis for the move? The buyback at 400. Positive for Wipro.
Buy here at 345. Target at 352. Stop loss at 340.
WIPRO FOR EASY 1%MY 9 TH CONSECUTIVE CALL WHICH GAVE 1%
.
NOW I FEEL SUSPICIOUS AS, MY CALL FOR THE STRAIGHT NINETH TIME DIDNT HIT SL AND I AM WORRIED
.
EASY SET UP
1. TL FORMATION
2.FIBO
3. AND BO
WIPRI LIMITED Go Long. Bullish HAMMER ON 2 Hr.CHART
Professional Day/ Short-Term Swing Trader. Ideas and entities are opinions. Trade at YOUR OWN RISK. I am not your financial advisors. Risk it for the biscuit.
Wipro : Long Trade SetupNSE:WIPRO
Hi Traders,
WIPRO remained range-bound throughout month and form bullish breakout on September 11. It can be face resistance on 301.60 , if it close above it, momentum will be continue and try to hit our target.
Entry and target level on chart.
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###Learn To Earn###
* This analysis is educational/learning purpose only.
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WIPRO seems bullishI am anticipating this move on the upside, risk should be half of the normal risk you take per trade.
Please do your own research before trading or investing.
I am not a SEBI registered advisor so consult your financial advisor and take appropriate decision
Happy Trading!!
24 August Wipro Chart AnalysisDisclaimer : We Are Not SEBI Registered.
All Information On Chart Are For Educational Purpose.
-WIPRO
BUY @ 290 TGT 300+
SELL @ 272 TGT 269,265,262+
WIPRO - BUY on candle closing above 284.55WIPRO - BUY ONLY on candle closing above 284.55
SL 283.15
TGT arnd 289-290
Publishing now @ 12:40 Time
BTST IN WIPRO FUTBTST IN WIPRO FUT
BUY@189.5
STOP@185
TARGET@195
QTY=6400
!!please note trade with caution!!
!!manage your risk!!
!!trade-wise!!
!!please adjust for future rates!!
!!intra-day ideas series everday at between 9:30 to 10:30!!
POSITIONAL TRADE IN WIPRO !!(DEC FUT)!!POSITIONAL TRADE IN WIPRO !!(DEC FUT)!!
VIEW
-WEEKLY ANALYSIS
-STRONG TRENDLINE AND PRICE LEVEL SUPPORT
NOTE
-ITS A CONTRA TRADE BUILDING POSITIONAL LONGS
-PLEASE TRADE ACCORDING TO RISK MANAGEMENT
TRADE VIEW 3-4 WEEKS
DEC FUT
BUY@238
STOP@234
TARGET 1@248
TARGET 2@256
LOT:3200
LOT:2
!!SWING TRADE IN WIPRO!!(DEC FUT)!!SWING TRADE IN WIPRO!!(DEC FUT)
VIEW
-STOCK IS ALMOST NEAR ITS OVERSOLD ZONE
-THERE WAS A BREACH OF 61.8% RETRACEMENT LEVEL WHICH WAS COVERED
TRADE VIEW
DEC FUT TRADE
BUY@243
STOP @240
TARGET 1@246
TARGET 2@249
QTY:3200
LOT:2
A potential LONG entry on WIPROWIPRO has been in a downtrend for quite some time now (5 months plus) and there is monthly support on the charts. The price has retraced to 0.618 Fib which is acting as support as of now.
This can be a potential reversal zone for WIPRO.
Current Market Price (CMP)- 237.05.
Confirmation only when WIPRO trades @ 242.2
Stop Loss (SL)- 231
Will Post a view again when WIPRO makes a move.
