So last week Wipro was trading around its resistance zone it tried to push up and break that resistance but the sellers were not ready and thus they moved the price all the way down from 424 to 406 making it back into the zone, the stock price closed at 398.75 on friday , now its expected to move to the support level of 380. Good luck
The stock has been following a trend line from August 22 and finally there is a break out of the trend line. Wipro on the daily time frame has closed at 398 level above the 20 EMA. IT sector might give a nice up move as the sector has been under performing. The stock and IT index has gained over 2% on the daily time frame. 3 points confirmation. 1. Trend...
Short term View on Wipro Try To Buy near Any Demand Zone /Support For more update Search in Google - Trading with Manoj Shinde
Today watch out the levels for WIPRO . wait for the Double confirmation for the Best ebtry and the stoploss Target Where your greed Ends...Lol Don't Advice to take the trade on my Levels. Take it on your own risk I will not be Responsible for any kind of loss & profit
EXPLANATION : This is a Daily time frame chart of WIPRO . The stock has been in a uptrend for days and has taken multiple times of trendline support , If give a strong breakdown and broke its trendline support & demand zone with volumes and has retested the same. I am bearish on this stock for the coming days . If support taken from trendline either demand zone...
NSE:WIPRO Observations: 1) On 1 day time frame, we can see that it has been taking support from 50DMA. Which is a good sign that the bottoming is done and down trend is restricted at this time. Please refer below chart : 1day Time Frame. 2) On 1 hour time frame, 650 level is immediate resistance level and 640 is immediate support level. Please refer...
NSE:WIPRO Observations: 1) On 1hr time frame it has been trading in triangle pattern. Critical Support is at 656 level. Please refer below chart : 1hr time frame. ------------------------------------- Trade Setup for Date 20-09-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the...
NSE:WIPRO As per earlier levels it was giving good opportunity to buy any deep above 580 levels and on 02-08-2021 it gave good breakout. My personal view is bullish so I am only giving upside target. Do comment your suggestion or doubt.
We shared about Wipro on 23rd march when it was trading in tight range near 200 ma. Our suggestion for shorting Wipro was based on bearish price action pattern.
The stock is creating lower lows on the daily time frame and trading in descending triangle pattern. It it sustains below today's low we may see levels marked on the chart. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
RSI shows overbought zone. It is going to cover the gap soon. Good opportunity to short. I'd recommend trading with PUT calls though. NSE:WIPRO
Wipro is able to hold its 277 level, once broken and sustained sell can be initiated
I hope you can now see how WIPRO represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that the...
I hope you can now see how the Wipro represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favour. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that...
Sell Wipro below 179 if it breaches the strong support line. and Rsi should be below 50 levels. Strong possibility of stock going sideways if there are no volumes.
Reasons For Trade- 1> Wipro daily and Weekly In downtrend 2.Price closes below daily important support of 253 3.256 is strong resistance of horizontal line and 200 EMA 4.Price about to break channel support 5. Risk Reward 1:2 Intraday Sell below 245 Stoploss 251 Target 235 Positional- Sell at 253 Stoploss 262 Target 230 (or Sell below 245 Stoploss 251)
NSE:WIPRO Expected PRZ 260 - 265 Bears may get active SL 272 T 255 249 243 Only for Study Purpose