#Wipro cash : Looks good around 410-414#Wipro cash -Positional call
18.07.2023
Looks good around 410-414
Stoploss 380
Tgt 444-450/475/520
Cmp 415
WIPRO trade ideas
Breakout in WIPRO ?Despite a negligible decline in Q1 earnings, Wipro has experienced a strong breakout today. While there has been some profit booking and a minor correction after the significant momentum, it would not be accurate to consider it a false breakout. In fact, there is still significant potential for further growth.
After a 50% correction, Wipro is now set for a promising upward move. The IT sector, including companies like TCS, Tech Mahindra, Mindtree, and Infosys, has recently shown strong momentum. This suggests that Wipro might join the rally and experience similar upward movement.
Considering the current price range we will not set the target more than 6% at this juncture. As an another strategy we can also wait for the price to give a pull backs to its breakout line and then taking the trade will make this trade less risky.
It was just my analysis. Do your own due diligence before investing.
WIPRO Breakout from H&S Pattern on Daily chartsWIPRO Breakout from H&S Pattern on Daily charts.... Targets 470+ in 2-3 Months
LTP - 420
SL - 405
Targets - 470+
Timeframe - 2-3 Months
WIPRO- WEEKLY TFWipro looks suitable for a reversal at this point.
1. A W pattern both in daily & weekly tf.
2. 330-350 levels can act as strong support.
3. 20-day MA started trading below the CMP in daily tf.
4. Can plan a trade above 373-376 level.
5. A good delivery volume can be seen in the last 5 days.
Cash trade, no FnO, IT sector breakout.Based on chart pattern, Let channel break upside with SL 370 for trg 700.
Buy WIPROBuy above 387 with the stop loss below 382 on daily closing basis.
This is for education purpose only. Please do your own research before entering any position.
WIPRO LONG VIEWI am people I am looking to buy a side above 410, In a one-day time frame inverted h&s making also near 200ema, consolidation near EMA so the potential is for buying long.
Wipro making bullish head and shoulder patternWipro making bullish head and shoulder pattern in day time frame.
wait for neckline breakout then take entry... target 1st resistance, 2nd resistance and so on... and stoploss will be last swing low.
WIPRO - Weekly AnalysisIn the Weekly Chart of WIPRO ,
we can see that; after continuous selling, we saw a W shape recovery at bottom.
Also it has taken its support and shown an up move..
Also, it has respected the cross Trendline multiple times.
Let it create a Halt or Red candle next week, then we can enter with SL and Target.
buy wipro and holdgood opportunity to invest now and hold till 550 . at fib level will see a trend change
wipro its in a middle of breakout or breakdown
chart overall bearish however a bounce shouldnt be ruled out
Wipro bullish reversal patternWipro on 1H time frame
Respected Support ✅
Retest ✅
Pattern on 1H : Bullish Harami completed (2 candles)
0.10 points away from completing bullish pattern 'Three inside up' (3 candles)
ENTRY : At CMP
Target: 387 - 390 (short term)
Disclaimer:
I'm not a registered financial advisor.
All information found here is for educational purposes only and should not be construed as personal investment advice.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this published idea, expressed or implied herein, are committed at your own risk, financial or otherwise.
WIPRO @ 379IT: WIPRO @ 381.30 | 17-JUN-2023
Sector: IT Services & Consulting
BETA: 1.04
FACE VALUE: 2
DIVIDEND YIELD: 0.26
BOOK VALUE: 119.39
SUP: 346
As long as this support holds, we can see 600/700/1000+
Wipro- Head n Shoulder breakdown - 3% downside potentialWipro has formed Head and Shoulder pattern and given breakdown at the trendline support around 396 with good volumes.
Target: 385-382 levels.
SL: Hrly candle close above 398
WIPRO 15MINAFTER TAKING STRONG SUPPORT WIPRO GOING UPWARD..
WIPRO Looking good for upside..
When it break level 383 and sustain.. it will go upside...
BUY @ 383
Target
1st 386
2nd 392
Enjoy trading traders.. Keep add this STOCK in your watch list..
Investor are welcome..
@Wipro bullWipro once it breakout the resistance then target is 426.55 and next target is 445.
buyer and seller are aggressive at resistance level but this time it will break the resistance level......
Trend Reversal - WiproWipro is seen may have turned the downside trend now and is bouncing back and stock has turned positive in super trend also so one can look to buy stock for 450 levels where stock has announced buy back with a stoploss of 373
PS - THIS IS JUST FOR EDUCATIONAL PURPOSE AND ONE SHOULD CONSULT ITS OWN ADVISOR BEFORE TRADING AND SHOULD TRADE ON ITS OWN RISK
#Wipro cash : Looks good above 412.10#Wipro cash
04.06.2023
old call given at 390-392 tgt was 408-412
Found resistance
Fresh call -
Buy above 412.10
Stoploss 390
Tgt 438-440/470
Cmp 405
Bullish flag pattern breakout in WIPROWIPRO
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Bullish flag Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 420+.
✅Can Go short in this stock by placing a stop loss below 395-.
