Wipro - Breakout stock🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Comments
Wiprotechnicalanalysis
Wipro - Bullish breakout🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
WIPRO TARGET Achieved | Trade setup for 26-07-2021NSE:WIPRO
TODAY, 23-07-2021, WIPRO gave a dip at 584 level, which was our marked level and that dip was buying opportunity.
As mentioned in my last post any dip above 580 will be a buying oppotunity.
Now, what next?
Any dip till 594 or 589 level will be a good buying opportunity. Short term target will be 615.
For Intraday target it will be 607 at max. And bonus target can be there if it continues strong bullish trend if it takes support from 607.
All these mentioned level will work as support and resistance on particular day based on how price action are working near that price level.
Do comment, if my ideas are helping you to understand the price action and levels.
Have a happy weekends.
Also do comment, if you have any doubt.
WIPRO TARGET HIT | TRADE SETUP FOR 23-07-2021NSE:WIPRO
Today WIPRO did U turn from 571 level and hit two target on the buy side.
New entry on the buy side can be only made above 580 levels and any dip above 580 will be another buying opportunity.
Because today if we see in option chain data, a lot of short covering seen at 580 levels as well as 590 and 600 levels. Also NIFTY IT is looking strong.
All the levels mentioned above 580 will act as entry point, support as well as resistance, based on how price actions & trend are working on particular trading day near that price levels.
Hope you had a good trading day today and all the best for your upcoming trades.
Do comments if you have any doubts.
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.
Wipro Falling Wedge Pattern | BUY MODE | RR > 5Hi there, investor cum trader.
This opp is made on the buy side only when it comes to retesting the previous support zone for a safe trader else an aggressive trader can take an entry now with an RR of 2.8.
Safe Investor:
Buy @ 385
Sell @ 466
SL @ 367
Aggressive Investor:
Buy @ 401
Sell @ 466
SL @ 367
Make a wise decision and get going. Will be back tomorrow with another trade opp.