Bearish flag +Trendline breakdown.Bearish flag at 4 hr time frame.Trendline breakdown is possible.Please trade on your own risk.
WIPRO trade ideas
WIPROPE ratio of the wipro is strightly hight and according to my analysis , it taken break down , and given the conformation by hitting the break out palce with green candle ,
WATCHOUT FOR H&S BD A CLEAR H&S PATTERN can been seen in wipro ..
626 which acted as support has been broken ..giving a good SHORTING oppurtunity
Target 1 --602
target 2 --565
Wipro what Next Wipro 621 - Has given breakdown of support channel 627-635. So what Next ?
We expect Wipro to test target 525 as long as the support channel not breached.
SIP between 610 to 560 SL 520 TGT 680, 780, 900Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Wipro Long 657.1 or BelowEntry 657 or Below
Target 700 +
SL 628.8
Time: 2-3 Week
Wipro CMP id 658 and price is just above the demand zone. It has a demand zone at 634 to 648 and another demand zone at 630 to 643. So downfall from this level is protected or chances are less. NSE:WIPRO
Disclaimer: the author may enter in trade, take your own decision , This is a trading idea not a trading or Investment advice
Breakout above sloping trendline !Stock has given breakout above the sloping trendline on daily chart. Also, there is morning star formation on daily chart.
One can consider long position with SL 635 on weekly CB for the target of 720 and 740 in short to medium term (more than 1:2 RR), 800 in long term (1:5 RR).
Kindly do your analysis before initiating trade.
Wipro Short Till 200 Ema
"NSE:WIPRO"]NSE:WIPRO
A bounce till 650 is expected after that Short till 200 Ema of Daily Time Frame
Buy above 650 on long side It is near the support zone .mkt also recovered ,hence IT pack can give the momentum so buy
Wipro, fundamentally bullish, T= 700+Wipro along with the whole IT sector has been correcting and now consolidating from the past 3 weeks. After stellar performance in the second quarter of FY 2021-22, IT sector is preparing for another bull run. This time along with TCS, Infosys and Wipro will also make new highs.
My choice for short term and intraday is Wipro, CMP 660/- for targets of 684, 720 and 760 (in the coming month).
WIPROWipro is in his resistance zone... Hope next day it will give a good breakout which already has given the signal.
WIPRO: Entry points for Long Term InvestmentsThis is a long term Investment Idea (Buy Only) following signals from this indicator.
Wipro has given a multifold return over the years. It is also known for paying dividends/bonus & has a solid management.
*Never put all your eggs in the same basket! Typically should diversify investments to absorb shocks*
#Wipro #Investments #Dividends #NSE #BSE #LongTerm #GoldenStocks
#wipro Short Term Positional ViewLooking good for swing
If #wipro sustains above 667.
Expected Targets: 674, 687, 700
SL: 633
this is not a recommendation, this is just a personal view.
WIPRO Trend AnalysisWipro after breaking down has regained some momentum and has come back above its long-time support line. Additionally news of Wipro entering Sensex can act as a positive news. Please consult your financial advisor before making any decisions.
Swing Trading"WIPRO" Buy in Support zone. Target 1- 680, Target 2- 700 n the most important is Stop Loss - 626.
NSE:WIPRO Channel BONSE:WIPRO
#WIPRO trading in range and trying to BO 660 levels.
Post confirmation may try 660 CE 655 SL.
Today many Option levels, Cash trades, Nickel, Copper resulted and shared, possible beginners may have a look for LEarning experience.
Happy Trading.
WIPRO SWINGAlready in a very strong uptrend , pullback is completed now;
1. Back to it's old support. ( 645-652 ) levels.
2. Formed a good morning star at support.
3. Took a support at 55 EMA.
Buy price : 660
Stop Loss : 643
Target 730+
A great risk to reward ratio of above 4.
Disclaimer : This analysis/strategy is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
Wipro in symmetrical triangleWipro at 1-hour timeframe is making a symmetrical triangle and ready to give a breakout. What's your view?
Wipro-Symmetric TriangleWipro is taking support and forming a symmetric triangle after consolidation.
Might give breakout.
WIPRO Trend AnalysisWipro has noticed a drop since hitting its 52W high for the last few days but despite all that, it again took support from the Yellow trend line since March 2021.
Based on Fib levels, it shows that there was a pullback until 650 levels and there is a chance a bullish movement follows.
In case it breaches its support line, the next support is 620 levels below which it most likely won't go.
Please consult your financial advisor before making any decisions.
Wipro, 1hr. Swing TradeJust placed my idea in Position drawing.
Just follow the Entry & Exit. Trail SL after 1:1 to Cost + Brokerage.
Can go more upward.
Note: Please book your Stop Loss after Candle Closes (avoid SL Hunting).
Grey : Entry
Green: Take Profit
Red: SL (close basis)
Wipro - Holding on to supportLooks as if it may Hold this area 640-50
If sustains can go back to 720-40 levels again
View negated if holds below 640-35 levels
