Wipro for the intraday trade is looking bullish and has closed around the resistance zone. The stock after the fall has given a bullish engulfing candle on the daily charts. It has been respecting the resistance trend line. Even the RSI indicator is showing a bullish divergence in the stock. If the stock starts trading above 520 levels and sustain above it, a...
Bulliosh wipro levels of wipro next resistance at 550 followed by 700 expecting strong bullish momentum
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
After a long consolidation and downtrend, Wipro started forming HH and HL, It's value buy between 400-415. Also it has given trendline breakout on weekly chart with good buying volume. Expecting targets 500 soon.
Hello traders! Today, we'll dive into an exciting technical analysis of Wipro, a prominent IT company and a part of the Nifty 50. I'll walk you through some essential concepts and terms while dissecting the current market situation. Please note that this analysis is for educational purposes only, and I am not a SEBI registered analyst. 📊 Key Details 📈 Wipro...
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...
Wipro Fromed bullish RSI divergence on the weekly Chart. also, It reversed from the 61.8 % retracement level of the Fibonacci retracement of a previous bullish trend. one can go long on Wipro with the stop-loss of levels marked with an arrow because it acts as a pivot point in the near term. it might Give a good move when RSI Crosses the 50 level on the weekly...
Wipro: -------- Volume not supporting the upside price movement. Wait for either side breakout for good RR.
: entry & exit is very important : try to manage money management : know your stop loss : find the chart pattern / analysis the chart before you enter
Wipro: -------- Self-explanatory picture. If the price breaks days low then there is a problem & it can go further down.
Wipro Ltd (WIPR) DAY TRADING breakout @ 1Hr chart watch today BUY above 408 NEXT Target 411,414,418 US NASDAQ positive sentiment today. Wipro already got strong support @401. Thank you
Analysis for Wipro Future Trade. Price has reacted to a Demand in higher timeframe and has violated Weekly Supply There is a Monthly Demand formed.
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 #WIPRO formed descending triangle !! Interested in this level can ping for any clarifications...
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...
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