wipro bullis patternWipro R H S pattern on weekly chart.
multiple times support on trend line.
target 535 according pattern.
RSI crossing over RSI based EMA.
no buy or sell recomendation.
idea for educational.
WIOA trade ideas
WIPRO - getting ready for the upmove, but i will wait & watchNSE:WIPRO
cmp is 462
getting ready for the upmove, but i will wait & watch
i expect one more dip towards 400 and then the upmove should start
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is consistent with your studies.
WIPROWIPRO has given a strong breakout wait for retest or consolidate you can expect target for long of 500
Buy Opportunity in Wipro1. The stock halted its downtrend, finding support and consolidating at the golden ratio of 61.8%.
2. Following the consolidation, there was a significant volume breakout on the weekly chart.
3. This breakout aligns with the characteristics of an ascending right-angle triangle pattern.
4. Notably, the stock rebounded from the trendline support, previously a resistance in the prior trend.
WIPRO-MULTIYEAR BREAKOUTMy outlook on #Wipro
CMP AT 462
Breakout from resistance level
Good volume rise
Monthly resistance also get broken
Good fundamental stock
Target 520|615|720
Good for #investing
High potential stock
#BreakoutStock #wipro
Note: Not a stock recommendation. Educational purpose only
WIPROFinally Long time consolidation coming to end in Wipro. 440 will be act as Best support. price in further days will be in 525.
Wipro looks Attractive, Institutional buying, Bullish IT SectorWipro looks very attractive..
Fundamentals : Strong, Consistent growth on Sales, Profits and EPS. High Reserves vs Low debt. Promotor + FIIs + DIIs holding increased.
Technicals : Technical strong reversal indication with increasing weekly volumes..
R 1: 530
R 2: 610
R 3: 720!
S : 350
WIPRO READYY FOR RALYY!!!!
Wipro Is Facing In Monthly Chart Exactly At The Black Line Which Is Around (413-414) Rs Wipro Needs To Cross This Price Before It May Go Further So Keepur Eyes On Breaking Of This Price Point.
(THIS IS JUST AN ANALYSIS DONOT TAKE IT AS AN ADVICE FOR BUY OR SELL IM NOT SEBI REGISTERD ANALYST)
30% Move Possible from here in wipro30% Move Possible from here in wipro
-Volume increasing
-Rsi, Adx in momentum
-strong resistance breakout
-above all crucial levels and strong closing
WIPRO - Ichimoku BreakoutStock Name - Wipro Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 466
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
#CloudTrading
#IchimokuCloud
#IchimokuFollowers
#Ichimokuexpert
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wipro expected behavior in coming days this chart of wipro is for educational purpose only considering monthly chart analysis.
elliot wave 4 is in progress, once completed wave 5 will be in progress.
WIPRO Short Term TradeKey Highlights:
1. Range breakout
2. Bouncing off long term support
3. Bouncing off on good volume
Wipro Consolidation and BreakoutMuch awaited Breakout of Wipro from consolidation phase since Aug 2022, Now ready for takeoff for next target, A Good Volume profile is also observed.
Wipro Consolidation and breakoutA much awaited breakout from consolidation since Aug 2022 is observed and not ready to takeoff for 610 and higher with very favorable risk reward.
WIPRO(Weekly Breakout)On a weekly chart, the stock had a good closing above the resistance with a good volume accumulation. Buying can be initiated above 454
Wipro - Where it's leading to? Trading #WIPRO #StocksInFocus #TradingView #trading #Marketuniverse
As we expected Wipro had given good rally from it's Bottom support., it may be starting to its second stop 530 Levels soon. Immediate support changed to 444-433 Levels.
Investors still can buy for Long time.
WIPRO BO [Weekly]Another Long Base BO of 60+ weeks. And that too in IT sectors. CNXIT is talk of twitter for now. IT names had to pop up.
As always, volumes -> Check, Price appreciation -> Check, Long base BO -> Check
Fundamentally, it hasn't been at its best, but has handled last few quarters well.
Let's see if the IT story is actually in a turnaround in these market conditions. Keeping in watchlist.
Wipro weekly chartWipro weekly chart
> Accumulation has been completed. new uptrend will start soon.
> we can say it a stage 1 beakout
Only for journaling not for the trading.
This post is for my personal use.
Note : only for learning, not a trading recommendation. i am posting as a trading journal before and after breakout.
Breakout on Monthly chart - WIPROWipro was trading in a narrow range from 16 months, now breakout from that range.
Buy Above - 430, SL - 380
NOTE:- Please maintain good Risk to Reward, as per your risk appetite.
Wipro wave B in formation...Wave A completed in 5 sub waves.
Currently wave B is in formation and we will be moving as per fib levels.
Note: For educational purpose only.
WIPRO-GOLDEN CROSS OVER IN WEEKLY CHARTWIPRO:Golden Cross over 10DEMA Above all DEMA with strong volume suggests a likely b/out towards 450(Only for Educational purpose)
#IT#Wipro-Looking good on chart.~ Trend change indications.
~ BO Possible (Long Consolidation).
~ Reversal Pattern.
~ Volume Supporting.
~ Near Term Possible Targets 490/520, ~SL 443.
~ Pattern Target 530/550, ~SL 425.
#INDSTOCK - study well before investing, no Buy/Sell Reco.
