VIEW ON WIPROGood chart structure If stock closes above 560 on weekly basis then more up move is possible Target 600/640 Stop loss 515 I am just representing my views For educational purpose only.Longby dakshb383912
Breakout Soon: Wipro "Wipro is showing strength after a solid Q2 performance, beating expectations! 🚀 Large deal booking is the highest in 10 quarters, and EBIT margin has expanded for the third consecutive quarter. The stock is up 4% today, and with this momentum, there's potential for further upside! Stock is forming a triple top pattern, and once this key resistance breaks, it could present a strong buying opportunity! 📈 Keep an eye on it for a possible swing trade opportunity. #Wipro #StocksToWatch #SwingTrade"by TechnoTrader102
Wipro - Resistance breakoutWipro : Breaking out resistance Sustaining 560 levels might take this to new highsby roshansai8
WIPRO added to watchlist for technical and fundamental trackingHello traders , here is the full multi time frame analysis for this stock , let me know in the comment section below if you have any questions , the position will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. 🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair . 💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.Longby okako_trading5
Wipro is making Cup and Handle pattern at 525 Rs Target 700Wipro is making cup and handle pattern tat 525 Rs so chances are it will move to 700 Rs. Warning - Chart is for educational purpose onlyLongby alokranjann7
Wipro looks strong at this positionWipro has been in range from quit long time now. now its ready for a big rally from here. CMP 539 looks great for fresh entry. Stoploss i will consider 530. if it hits stoploss it will loose the momentum again. RR is amazing not less then 1:4. Entire IT sector looks very strong.Longby iampatilkishor0
(WIPRO) Support & Resistance For Wipro Limited (WIPRO), here are the current support and resistance levels based on recent market data: Support Levels: First Support (S1): ₹532.15 Second Support (S2): ₹533.87 Resistance Levels: First Resistance (R1): ₹550.35 Second Resistance (R2): ₹558.90Longby EmpireCrown2
WIPRO is ready for Launch...After Chandrayaan 3 and Aditya L1 :) Golden Cross on Daily TimeFrame Consolidation seen for few weeks Strong Close Has tested the same resistance levels multiple times Entry and Target Levels marked on the charts Lets watch whether WIPRO launches to the BANK with this breakout..... Enjoy and as always do not trade unless you have money to lose and patience to wait !!!Longby FourSTechnicalAnalysisUpdated 4
WIPRO long term analysisWipro currently took support at strong support of 529 levels . and forming small pattern , can buy now or wait for retracement.Longby DragonFly-Trading6
Wipro Ltd. Support & Resistance levels Wipro Ltd. (WIPRO) on a daily (1-day) timeframe, here are the current support and resistance levels: Support Levels: ₹532.15 and ₹538.871 Resistance Levels: ₹550.35 and ₹553.57Longby SkyTradingZone1
Wipro NSE By KRS ChartsDate : 6th June 2024 Time : 10.27 AM Why I am Bullish on Wipro ? 1. Wipro has Formed Cup & Handle Chart Pattern on Monthly TF and successfully retested on neckline too as we can see on Chart. 2. Current Fibonacci level is 0.5 to 0.618 known as Golden Reversal Zone. 3. Nifty IT is Also Showing Bullish Trait like Bullish Divergence. After all this Entry on this after Wipro Breaks 260 Rs and close above 260 Rs. T1 will be according to C&H is ~530 Rs with SL of 439 Rs.Longby KRSChartsUpdated 1818294
Types of entry in the marketsTypes of entry in the markets 1- Aggerasive entry for high rewards 2- Conservative entry 3- Highly confirmed entry Educationby jain_abhishek114
Wipro Support and Resistance LevelsWipro Support and Resistance Levels The support and resistance levels for Wipro (WIPRO) are crucial in determining the stock's price movement. These levels are calculated based on various technical indicators and are used by traders and investors to make informed decisions. Support Levels The support levels for WIPRO are: 531 - 527 - 523 5 542.88 521.12 These levels indicate areas where buying interest may emerge to prevent further price decline. Resistance Levels The resistance levels for WIPRO are: 540 - 544 - 548 544.8 538.15 These levels indicate areas where selling interest may emerge to prevent further price increase.Longby EmpireCrown4
Going For LONGWipro will move to my marked line , analysis says to LONG .. Longby BhubaneswarTraderUpdated 1
Is Wipro heading towards 900+📊 Wipro’s Financial Insights 📈 In Q4, Wipro achieved remarkable milestones: Gross revenue reached ₹225.2 billion ($2.7 billion), demonstrating resilience. IT services segment revenue stood at $2,713.3 million, reflecting strategic agility. Non-GAAP constant currency IT Services segment revenue decreased slightly by 2.0% QoQ, emphasizing adaptability. As we navigate dynamic markets, Wipro’s commitment to innovation and sustainable growth remains unwavering. 💡✨by vkfincare09Updated 6
Long trade on Wipro My view on this script bullish for intraday. Entry Criteria: Wipro wason uptrend and it took support on TRENDLINE & BREAKOUT and RETEST recent high with good volumes. Targets : 1:2 Entry at 553.50 Target at 559.60 # itstocks #wipro #nifty50Longby Sateesh074
Wipro (WIPRO LTD) has broken out of a descending channelWipro (WIPRO LTD) has broken out of a descending channel with strong volume, indicating a potential bullish reversal. The stock is trading above the 9-day EMA, and the RSI shows upward momentum, suggesting a favorable buying opportunity. Considering these factors, a buy can be recommended with a stop loss around ₹520 to safeguard against a possible pullback, while targeting higher levels based on the continuation of the current trend.by Simplecharttraders1
Wipro.. multiple technical confirmations!!!Hello 👋 * Stock is in uptrend * Friday stock moved around 7 % * Trendline breakout & retest done * Inverted cup & handle in weekly tf * Inverted H & S in Daily TF * Gap down gap is filled in last week * Minimum coming target is already marked..it's around 11% * But stock is in its demand & supply zone..see exactly within that zone it's gone upside & downside too * If manage to close above 600 then coming tgt 650 & then can go till ATH * Compare to other IT giants this one is slow moving..but can be bet for swing or intra day * Momentum inclined & good volumes since last few weeks * FIIs & DIIs increased their holdings in 2024 It's my view plz DYOA. No buy or sell recommendation 🙏 Please boost my idea if you find it useful 😉 Thank you. Longby ajnil872
Wipro cup and handle view- cup and handle formation is completed & waiting for breakout - break out may happen if open and sustain above 550 level. - already it is sustained above weekly pivot r1 for the last 3 weeks - Bullish engulfing candle is formed last week - 2nd time touched the parallel channel resistant line and bounce back. conclusion there is more possibility for cup and handle breakout. This analysis is my own idea. I don't recommend taking trade based on this idea. consult your SEBI registered adviser to Know the market risk before trade. in.tradingview.com Longby johnjen208816
Stock to watch on the verge of breakout WiproStock has been analyzed based on my trendline analysis. Please note that levels given are for training and educational purpose only. Please do consult your financial advisor before investing in the stockLongby ashishlele293
WIPRO -Cup and Handle breakout - DailyName - WIPRO Pattern - Cup and Handle breakout Timeframe - Daily Volume - Very Good Cmp - 550 Can test - 604 SL - 542 Here’s a summary of Wipro Ltd’s Q1 FY25 results: Financial Highlights Net Profit: Wipro reported a net profit of INR 3,003 crore, a 4.6% increase from the same quarter last year1. Revenue: The consolidated revenue for the quarter was INR 21,964 crore, which represents a 3.8% decline year-over-year (YoY)1. Operating Margin: The IT services operating margin improved to 16.4%, up by 40 basis points quarter-over-quarter (QoQ)2. Operational Highlights Large Deal Bookings: Large deal bookings for the quarter were at $1.2 billion, an increase of 31.1% QoQ and 9.5% YoY2. Voluntary Attrition: Voluntary attrition was at 14.2% on a trailing 12-month basis2. Comparative Performance Quarter-over-Quarter: Compared to the previous quarter, net income increased by 5.2%2. Outlook Wipro expects revenue from its IT Services business segment to be in the range of $2,617 million to $2,670 million for the next quarter2. Always welcome for any comments with your feedback or give it a like if you find it useful. ========================================================================== Disclaimer: This analysis is for informational purposes and not financial advice. The author is not a registered financial advisor. Individuals should conduct their research and seek professional advice before making investment decisionsLongby VCharts_TA112
WIPRO // Levels // 4 hour Here are the current support and resistance levels for Wipro (WIPRO) on a 4-hour timeframe: **Support Levels** 1. **Previous Low**: 444.00 2. **Fibonacci 38.2% Retracement**: 446.00 3. **200 SMA (Simple Moving Average)**: 448.00 4. **Fibonacci 23.6% Retracement**: 450.00 5. **Short-term Support**: 452.00 **Resistance Levels** 1. **Fibonacci 61.8% Retracement**: 454.00 2. **Previous High**: 456.00 3. **Fibonacci 78.6% Retracement**: 458.00 4. **Medium-term Resistance**: 460.00 5. **Long-term Resistance**: 462.00 **Notes** * These levels are subject to change as market conditions evolve. * These levels are based on historical data and may not be a guarantee of future price action. * These levels are not the only levels that can be used; traders can use other indicators, such as moving averages or trend lines, to identify potential support and resistance levels. **Current Market Conditions** * Wipro is currently trading in a bullish trend, with a series of higher highs and higher lows. * The stock is approaching the short-term resistance level of 452.00. * If the stock breaks above this level, it could potentially move towards the medium-term resistance level of 460.00. **Trading Strategies** * Buy at support: If the stock breaks below the short-term support level of 452.00, it could be a good opportunity to buy. * Sell at resistance: If the stock breaks above the short-term resistance level of 454.00, it could be a good opportunity to sell. * Trend following: Follow the trend by buying or selling based on whether the stock is moving upwards or downwards. * Mean reversion: Look for opportunities to buy when the stock is oversold and sell when it is overbought. Some key levels to watch in Wipro: * **Earnings**: The company has seen mixed earnings growth in recent quarters, with some analysts expecting further growth in the coming quarters. * **Valuations**: The company's valuations have been relatively stable in recent months, with some metrics reaching moderate levels. * **Sector performance**: The company's performance is closely tied to the broader sector performance of the Indian IT sector. Remember to always use stop-losses and position sizing to manage risk when trading.Longby SkyTradingZone2
Wipro - Resistance breakoutWipro : Breaking out resistance Ascending channel breakout too in progress Sustaining 560 levels might take this to new highsLongby roshansai3