WIPRO INVERSE H&S BREAKOUTWIPRO breaking inverse h&s reversal pattern
with huge volume,strong rsi
#target 580 soon
educational idea
WIPRO trade ideas
WIPRO Monthly Chart Suggest 30% upside in next 5-6 Months.WIPRO Monthly Chart Suggest 30% upside in next 5-6 Months.
WIPRO Weekly Chart Suggest CUP & Handle Pattern in Progress.
LTP - 533
Targets - 720+
SL - 480
Timeframe - 5-6 Months.
Happy Investing.
Wipro Rising Post-Consolidation: Strong Risk-Reward SetupWipro has been on the rise after a solid consolidation phase, forming higher highs and higher lows. Currently, it’s retracing to a strong level with a favorable risk-to-reward ratio, aiming towards its all-time high (ATH). Ensure you enter trades with a predefined stop loss for safety.
Wipro Short Anti Crab Pattern
Strong
Reversal Expected - 522-525
SL - 530 HCB
Target - 516,510.5,506
Trade to be initiated based on Price Action
Wipro ShortAnti Crab Pattern
Strong
Reversal Expected - 536-544
1.27ABCD=536.25
SL - 550 DCB
Target - 530,520,512
Look for price action to short
Wipro | Correction overWipro seems to have completed it's ABC correction and now in accumulation zone.
For taking a long entry wait to stock to close above 500.
Once the move starts I'll update the target price
upcoming setup in wiprotaking big suppor at support line.... if it take support we can see big upside move in it... we can use last swing low sl..
Wipro, 13th August /Live intraday shortGood sell @ 491 with a SL of 1.75 points and for a target of 487.5
Follow me @ BenSah /for more trading ideas and scripts
Remind /Trading involves risk, trade at your own risk.
Happy Trading.
WIPROhistory repeat itself if took bounce then we will see above level for swing
This is not financial advice. Just sharing analysis for educational purpose
Wipro Weekly AnalysisWipro is good on Long Side. It is a good time to enter in this stock. But this is for long term investments. The stock may give returns up to 44% returns.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades NSE:WIPRO
Stock in Support Zone: WiproWipro is trading near the strong support zone.
Can add 25% at this level.
if the level is broken can further add near 460 levels
This is purely for long term only.
Wipro Stock Price given range breakoutWipro Stock Price given range breakout looking good to buy at current market price.
Buy and hold for at least 10% target.
Wipro Ltd | A Strong IT Momentum StockWipro Ltd | A Strong IT Momentum Stock
Wipro Ltd is a global Information technology, consulting and business process services (BPS) company
Financial: strong
Market Cap = 2,41,673 Cr. ROCE = 17.7 % ROE b= 15.9 %
Debt to equity = 0.26 Promoter holding =72.9 % Quick ratio = 2.28
Current ratio = 2.29 Piotroski score = 5.00 Profit Var 3Yrs= 5.30 %
Sales growth 3Years = 14.0 % Return on assets = 10.1 %
you Can see clearly rounding bottom create and good consolidation already done since 2 years.
stock is at good price. also feb retracement is also support in level.
moreover all IT sector is ready become rocket bcz USA market is also in positive trend.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
If you like my ideas than like boost and follow me for more ideas.
Thanks and comment freely
Buy Wipro for a target of 570Buy Wipro for a target of 570 in 1 month
If it closes above 570 on daily chart can expect 650 in a month after that. Stock looks strong, can be added to portfolio
wipro cup &handle, parallel chennal view- cup &handle breakout done
- parallel channel breakout done
- pole & flag breakout done
- trading above 50 days ema crossover
This analysis is my own idea.
I don't recommend taking trade based on this idea.
Know the market risk before trade.
WIPRO LONG TRADEWIPRO moving up from a weekly DZ & RBR could be a level to get retracement before reaching to the nearest supply @550
Buy Wipro Right now its up for breakout after consolidating in the sub wave of corrective structure. Look to buy and hold if you have the patience. Its already in the up move.
WiproWipro important points marked.
*nvestments in equity market are subject to market risk do own analysis before investing into equity market.
BUY WIPRO - BOUNCE FROM THE BUYER'S ZONEBuy Wipro at CMP , clear change in trend and outperformance from the entire IT index ,
looking to have a positive bias , place the sl and target given in the chart .
Wipro UpdateWipro gave a positive closing today strengthening the up move.
two visible pattern formation on charts. Lower blue Trend line showing formation of a good Reverse Head shoulder with a short-term target of 610 level.
upper blue trend line Make a Gorgeous cup and handle pattern with a slightly long term target of 735 levels or further up to make new all time highs.
This is not an investment recommendation, kindly do own research before investing.
Thank You.
Large cap fundamentl strong IT stock- WIPROFundamently very good Stock with growth revenue. Aftert breaking the accumulation phase stock has given a good chance to Buyers to buy and put in the portfolio. Buying Zone is about at price 450- 500 . Stock have easy potiential to move toward 700 target.
WiproWipro is giving good Break out
You can say it it's a cup and handle pattern and consolidation break out
It's a good choice for portfolio
