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 trade ideas
Wipro, 13th August /Live intraday shortGood sell @ 491 with a SL of 1.75 points and for a target of 487.5
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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.
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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
WIPRO: Ready to climb up to 695/- levels shortly and beyondWIPRO has been consistently forming same pattern repeatedly and climbing up. Now it is ready to climb up to 695 levels. Once it sustains above that level and convincingly breaches level 712, it will be amazing run for WIPRO! After testing patience, WIPRO is likely to become multibagger stock now!
This is for educational purpose only. do your analysis before investing!
Potential to give high return stock in few monthsNifty Hitting Peaks? Time to Set Your Sights on IT!
The Nifty's on fire, but don't get burned! Institutional investors are whispering sweet nothings to the undervalued IT sector, and with good reason.
Here's why the IT industry is your next hot trade:
Hidden Gems: Forget the overheated market. The IT sector is brimming with potential at bargain-basement prices.
Smart Money Backing: The big boys are already placing their bets. Don't miss out on the wave!
Tech Boom 2.0? The IT industry is poised for explosive growth. Get in on the ground floor and watch your profits soar!
Wipro Limited to Announce Results for the first quarter ended
Note: I am not a SEBI registered Alien . This is for educational purpose only.
#ITStocks #Undervalued #Nifty
Note: I am not a SEBI registered Alien . This is for educational purpose only.
Cup and handle patternGood volume buildup in daily and weekly timeframe.
Cup and handle pattern formation.
Fundamental are OK.
IT sector on move.
FII stakes increased from 6.96% to 7.12%.
NOTE: I do my analysis, do yours before trade.
WIPRO C&H BREAKOUT WCBWIPRO breaking c&h pattern
weekly basis with good volume
good rsi ,trading above 20ema
#target 613-730
EDUCATIONAL IDEA
Wipro bullish trend above breakout onlyWipro is pending for the move. Slanted inverted head & shoulder pattern there which is my fvrt pattern. Above 520 it will blast and give good upside move. Waiting for the breakout. 475 to 520 will be quick.
wipro inverted head and shoulder parallel channel view- inverted head and shoulder pattern formed in parallel channel.
- Elliot wave 2 range 440 is finished and wave going towards wave 3 level 612
- 1st wave 548 is the first target
