WIOA trade ideas
📈 Exciting Bullish Pattern Alert! 🐂📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Falling channel
📌 Symbol/Asset: WIPRO
🔍 Description: Stock has given the breakdown of support. And now around the support of Falling channel. We might see further upside if support is held.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
WIPRO - Bullish Swing ReversalNSE: WIPRO is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 13% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
WIPRO Breaking out of consolidation, good opportunityWIPRO is coming out of zone where it nearly spent 450 days, NIFTY IT is also making a similar move. When a stock is making a move along with the index, its a good opportunity.
This is not recommendation to buy or sell, just my observation of market.
Disclosure, I have position in WIPRO