I do not like writing beautiful stories and convincing you to like my idea. I'll just give you the reasons which makes me feel, WIPRO can be a good buy. Use your own analysis for execution. Reasons to Buy: 1) Price reaching for the previous accumulation level. 2) Fundamental reason for demand as the company will distribute dividends. 3) IT sector has a tendency...
Wipro is in good demand zone of monthly weekly and daily and having support from 20EMA.Must Byu trade with Target of 680+ and SL of 635.
Wipro Long Strong resistance breakout with good volumes RSI-67 Buy at CMP- 697 SL- 652 Target- 762, 789 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
wipro level to watch out check how it reacts to this level and take a move forward
Trend analysis on 1D TF suggests NSE:WIPRO is on its way to 750 and 850.
AS you can see Wipro is in range for 2 days keep an eye on it if it breaks any side go for it.
Cup with handle pattern is forming in Wipro if break above 715 then 100 points upside is possible.
Hello guys, I.T sector looks week to me and yesterday Nasdaq also saw a significant fall so we will be looking to short I.T stocks for a few days, preferably on a pullback. Wipro has made a double top pattern also known as M pattern by some traders, what it means is that the price faced rejection from a specific level 2nd time and is not wanting to go beyond that...
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)...
Wipro LTD. I Perfer Shooting After Wipro Post it Result Because History Repeat Itself.........! Let me Example See Wipro had seen fall13% from 18 Oct 2021 After Wipro had given nice came back the postion made before 670 levels is massive now price is 711 and seen 725 levels also after result might profit booking will come then I will Short ...
NSE:WIPRO is very good fundamental company. on daily time frame stock is creating rounding bottom, so one who miss the rally of the Wipro can buy this stock now for a very short term target of 725 and, long term target of 1000+
Wipro might reach the target of around 760+ in the upcoming weeks based on the price action. Lets wait and watch
Base formation near all time high, if break a strong uptrend can follow
The nicest double top on the weekly, pending confirmation but looks like a good setup to short.
#Wipro cash 05 Jan 2022 Resistance at 725-740 Support at 625-640 (Avoid buying at higher levels till 740 is not crossed)
Yesterday (04.01.22) hanging man formed in wipro at al time high level..and also today strong down move observed.. it might be a trend reversal .. time to take short position.. NOTE : This is only for educational purpose.. do your own analyze before taking trade
Dear Members, "Happy New year" We have launch stock Algo for Nifty 100 stock, In this ALGO we have selected Nifty100 stock only. Daily we will select four stocks for next day trading as per technical analysis and trend line breakout. Risk: Reward ratio is 1 : 1.5( means 1000 loss and 1500 profit in one stock) also we have set trailing stop loss to reduce risk...