WIPRO trade ideas
LONG ON WIPROAccording to price action .
There will be small resistances at 490 but after that there 2 fib ratios which will be filled .618 which is golden ratio and .5 ration is should be filled in coming days .
a target of 508 and after that 530 .
This is educational purpose .
WiproEnter when the price breaks top trend line and if face any resistence at that level go for short
Always follow Risk and Position Management❇️❇️
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WIPRO Fibonacci Golden Buyer ZoneWipro ltd is currently support in Falling Narrow Wedge pattern. In this stock Fibonacci in golden ratio zone, concentrate long term investor & swing traders. If sustain above 538 in weekly chart. it will be reach all time high price.
Wipro near it's resistanceHere is support and resistance level of Wipro in 15m timeframe , considering the current price level it's probably going to fall in the next trading session of 30th of may or if the resistance breaks it might go to next resistance level
NSE WIPRO (WEEKLY)Price at 3 supports.
Fibonacci
Gann
Horizontal
Next couple of weekly candles will decide direction of price.
Consolidation might happen in 23.60% and 38.20% levels.
Look for Investment opportunities.
Closing candle above 23.60% level will indicate some bullishness.
Although current candle closed below 2/1 line, lets hope it doesn't test 3/1 line very soon.
Who would like to eat some WHIPPED CREAM? #WIPROOne way UP and One way down. Getting whipped every day. Are you ready for a taste? and where will you look to enter? The chart shows the support zones. Do not be too greedy.
Wipro Chart Analysis !!📈 Wipro 📉
My Findings :-
1. Breakdown of Support Zone 525-530.
2. Close below Nine Month Low.
3. Whole IT Sector is showing Weakness.
Bias- Short
Target- 460 and 399
SL- 543
RR- 1: 4
All Important Supports and Resistances are drawn in chart.
All levels are of Spot and on closing basis.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
wipro 15minutes breakoutwipro 15minutes candle breakout waiting position for intraday buying or selling.
WIPRO CHART ANALSYSISWipro is about to turn the table and reaching new high is not the difficult part for wipro as the sequence is good.
Wipro Looks good for Long at 510NSE:WIPRO
Wipro looks good for the long trade , can be bought and held for the one month for 10% app return . CMP is near the demand zone. SL 475 or as shown in graph.
Disclaimer: This is for training and education purposes only, the author may enter in trade, take your own decision , This is a trading idea, not an trading or Investment advice. Consult your financial advisor before investing.
WIPRO | FALLING WEDGE🔴 Falling wedge pattern is being formed.
🔴When diagonal support and straight line support meets it will become a stronger one.
🔴Price will try to go up from the current support.
🔴If it fails to hold it may go sideways for re-accumulation phase
🔴 DISCLAIMER : This is just for educational purpose. Do your own analysis.🔴
Wipro What NextWipro 529 has broken support 557. It could slightly pull back to 570 and continue its downward movement.
We expect 480 as technical target and could test a low of 440 as long as its close held below 557.
Wipro monthly chart, Very bearish, Big question mark Wipro monthly chart, looking very bearish
in 7 months saw very unusual growth which was 90%, Some would say that stocks can go up like this 90% in 7 month it's easy, yes operator stocks can increases like this, but of good quality stocks like Wipro index stocks didn't grow 90%, this had never happened before, let's say this time this happened because of covid information technology companies was on boom, but now this also has to be accepted that now there is no covid major impacts, so what now stock is going on towards its real valuations ???
Close short As i discussed exactly that happened, now this is new zone to close short, and to open long for short duration
WiproGood time to invest in wipro weekly chart shows 5 consecutive red candles in row now wipro may retrace from here i knw its against the trend but we can capture short term trend
