Swing Trading"WIPRO" Buy in Support zone. Target 1- 680, Target 2- 700 n the most important is Stop Loss - 626.
WIPRO trade ideas
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
WIPRO Headed UP - 20% Fundamentals are proving to be supportive , Moving Average is also supportive, Following trend , Chart pattern is a Go-Ahead , everything suggests that it is going up now
wipro share is going downxhvjxvjahvsd,jvaJXHa.kxv,kaVXJAxhfacJXVamhgcxmhaXMGHckhgxcmgCX
TARGET 640 CMP 666 STOP LOSS 670
Wipro Short TradeTrade based on price action since support is broken and Wipro has been following the highlighted support and resistances based on historical analysis
Wipro at SupportIT stocks have been weak for few consecutive days,
Wipro is looking good at 613-615
Since 613-615 was acting as resistance before now it is been tested as support.
We can expect wipro to not fall further from this point.
Happy trading!!!
Swing SetupEXPLANATION : This is a Daily time frame chart of WIPRO . The stock has been in a uptrend for days and has taken multiple times of trendline support , If give a strong breakdown and broke its trendline support & demand zone with volumes and has retested the same. I am bearish on this stock for the coming days . If support taken from trendline either demand zone its has formation of higher highs and higher lows , then I am bullish on WIPRO for the coming days .
If you like the analysis give a Like // Follow for more updates , let me know in comments below :)
wiprolooking for short. if the trendline breakdown. i will short in intraday.
my all ideas for knowledge only.
plan your trade. trade your plan.
gud luck.
Pivott Boss ToolHello FAM ,
Introduction to the Script:
This script is purely formulated according to the concepts of the Pivot Boss Book written by Mr.Frank Ochoa! This tool will help you simply the concepts which are given in the book and also will you trade based on price levels which are formulated according to Pivot Boss Concepts.
WIPRO go downAdvance signal for sell ,
No one can challenge this unique system
Work in every time frame
[POSITIONAL] WIPRO LONG BET risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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Is Wipro’s consolidation completed ?Is Wipro’s consolidation completed ?
Reasons/Traits :
• Gartley Bullish Harmonic Pattern formation is seen
• Todays close is exactly at 0.5 Fib retracement level of last swing high and also taking a support of current up trend
• Price took support of 20 EMA today
• Stock is still bullish as Bulls are in control as per indicators
What can happen next :
Scenario 1 : Stock uptrend to continue and reach 665/675/690/710
Scenario 2 : Downtrend post break down of 0.5 Fib level (654) to reach 640/620/600/580 levels
Disclaimer : This analysis 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 : RESULTS DAY PATTERN IS OBSERVED. WILL IT RISE?A support trendline has been forming on the price chart of Wipro since the 1st quarter results in April 2021.
A similar spike in volume and price was observed around the result date in the 2nd quarter results also.
So, expecting this as a pattern the institution buyers are following, we can risk a mere 2% as a stoploss and take the long trade.
Long when the price bounces off the trendline and trail your profits.
Stoploss below the green zone mentioned on the chart.
