wipro share is going downxhvjxvjahvsd,jvaJXHa.kxv,kaVXJAxhfacJXVamhgcxmhaXMGHckhgxcmgCX
TARGET 640 CMP 666 STOP LOSS 670
WIPRO trade ideas
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 .
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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.
wipro 18 oct to 22 oct 2021 renge brekout wipro is best shears price rituns .. u can buy this shears to be contuned
Wipro For Swing Trade ( Buy/Sell) AnalysisWipro given good Breakout after good Consolidation at a support level, The Question is will it sustain above 670 levels if the price sustains above 670 levels we will enter into the trade by keeping 648 as Stoploss (If candle closes below 648 and it's low breaks) & 730 As TGT.
*Always Enter With good confirmation & Maintain proper Risk Reward.
********** Educational/information purpose only **********
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NSE:WIPRO LongNSE:WIPRO
#Wipro trading @ Resistance zone and breakout will give positive momentum
Above candle closure and be traded options too.
Have a Happy trading.
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Long On WIPROLong on WIPRO.
More info. on chart.
WIPRO has taken multiple times of support at 655-660 levels, and a breakdown at this level.
This support turned into resistance and breakout with a volume spike and also a trend breakout happened at 665 level.
Once 665 or 675 levels are sustained then, one can expect 689.4, 699.15,718.6 as Targets with 668.4/675.2 as Entry-1 and 662.7 as Stop loss.
Long On Wipro for target of 890INverted Head and shoulder pattern breakout. Target 890. It is for educational Purpose
wipro weak on daily time Frame analysed on 11 oct 2021
indecisive candle with high volume near 20 sma
indicates higher possibility of down side movement
if next day gives us confirmation
previously at resistance stock has
analysed on 11 oct 2021
short squeezeu will find levels on the chart.lot of shorts r built in this scrip,slight upmove will make shorts to cover their position.
Earnings Break - Impulse & Trend AnalysisAs can be clearly observed, in the 5 days before and after Earnings Declaration by Wipro, Share price moves at least 10% upside. Last day it was up 3%, which might be the start of this earnings break upside. It will be interesting to observe how the market reacts to TCS earnings declared just 2 days before. Expecting some upside just like trend, Also the price is around its long term trend support so there are high chances we might see some green candles ahead.
