Get started

Wirpo

Wipro NSE By KRS ChartsDate : 6th June 2024 Time : 10.27 AM Why I am Bullish on Wipro ? 1. Wipro has Formed Cup & Handle Chart Pattern on Monthly TF and successfully retested on neckline too as we can see on Chart. 2. Current Fibonacci level is 0.5 to 0.618 known as Golden Reversal Zone. 3. Nifty IT is Also Showing Bullish Trait like Bullish Divergence. After all this Entry on this after Wipro Breaks 260 Rs and close above 260 Rs. T1 will be according to C&H is ~530 Rs with SL of 439 Rs.
NSE:WIPROLong
by KRSCharts
18
Wipro: Chart set up and trading viewWipro CMP 449 The chart is self explanatory Given the set up one may consider Selling Wirpo 480 Call option around 6-9 (CMP 6.55) Lot size 3200 Max profit potential in strategy Rs 20960/- per lot (as per CMP) The strategy provides Inbuilt loss protection for a rise up to 486.55 till expiry ( as per CMP) Take care & safe trading...!!! Disclaimer: - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - if trading in F&O, understand that F&O trading involves risk - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need be
NSE:WIPRO
by indiamarketoutlook
3