WIPRO is ready like BulletWIPRO breakout falling wedge chart pattern very smoothly . also we observe that CNX IT index also breaout upside . therefore 5 day positional cal is activated.
WIOA trade ideas
Wipro will be a 🔥🔥🔥Wipro accumulation area and solid pullish bar in double bottom area expect long...
Buy above 406 with
stoploss 382
Target 1 442
Target 2 610
Wipro taking reverse at Fibonacci levelNSE:WIPRO took turn at Fibonacci level 0.6
Also break the current bearish trend line
On short term basis expect around 10% up move. After that a reverse is expected
Wipro buy and hold NSE:WIPRO
Wipro 26.11.2022
CMP 402
Wipro has made demand zone at 385-391 on daily candles and looks upward , Buy and hold for the first target of 440. time frame 6 months.
Disclaimer: Analysis is for training and education purpose. author may enter in trade, take your own decision , This is an trading idea not an trading or Investment advice. consult your financial advisor before investing.
Bullish by trend analysis Relative strength positive soon
RSI Positive
Tend line breakout
Strong support on monthly chart
As an sector looks +ve
Wipro breaks out !After a few bearish days, many stocks broke out fro. found bases wipro breaks out of a superb triangle pattern and looks promising
to go upwards.
it is at its bottom and very good chance for a long term trade or even investment based purely on technical analysis
stop loss below the triangles support
and target1:3!!
Keep It Simple
#Wipro cash : Looks good above 400.10#Wipro cash -Positional call
24.11.2022
Looks good above 400.10
Stoploss 375
Target 445-450/480
Cmp 398.25
Wipro giving a trendline break out.The stock has been following a trend line from August 22 and finally there is a break out of the trend line.
Wipro on the daily time frame has closed at 398 level above the 20 EMA.
IT sector might give a nice up move as the sector has been under performing.
The stock and IT index has gained over 2% on the daily time frame.
3 points confirmation.
1. Trend line break out and closing above it.
2. Closing above 20 ema.
3. High Volume break out of the trendline.
Watch the index too for carrying the position as the IT index is near a resistance. If the index crosses and closes above the resistance, the stock can give a nice upside move.
Targets :- 404, 415
Stop loss :- 395 (daily 20 EMA)
Wait for the stock to cross the round level of 400. Intraday and swing trades can be carried in the stock.
What is Idea Price to enter in WIpro ?Wipro Forms a head n Shoulder pattern in weekly timeframe, the bear trend always reverse from the Higher opposite volume , Wipro has possibility of reversal from near 293-295 level in upcoming weeks.
SWING TRADE -WIPRO - R:R @ 1:2Potential Opportunity as Swing Trade in NSE:WIPRO
If tomorrow price action form with green candle above trendline then day after tomorrow buy at top of the previous day & stoploss below trendline.
Risk : Reward - 1:2
ENTRY - 400.00
TARGET 1 - 415.00
TARGET 2 - 425.00
STOP LOSS - 388.00
This is for Educational Purpose only, apply your prudence & consult your adviser before any investing.
HAPPY TRADING.....
#nse #swingtrade #nifty #wipro #niftyit #nifty50 #priceaction #supportzone #trendline #bullish #riskrewardratio #sma #simplemovingaverage
WiproWipro- Buy area Marked as we can see the past history it will touch to that level and bounce back.
Disc: Only for learning Purpose not a trading recommendation
#Wipro cash :Resistance at 405-416#Wipro cash -Positional view
14.11.2022
Make or break level is 405-416
once above this zone target 470-500
Cmp 396.55
Wipro Breakout in Falling Wedge Breakout in Falling Wedge in Wipro on Daily time frame with increase in volume
Trade after complete retest and confirmation
WIPRO is facing resistance NSE:WIPRO is facing some resistance at its current levels. If it crosses it then 420 can be seen easily. It has bottomed out so made a small position in it.
Wipro Investment Idea Wipro Fromed bullish RSI divergence on the weekly Chart. also, It reversed from the 61.8 % retracement level of the Fibonacci retracement of a previous bullish trend.
one can go long on Wipro with the stop-loss of levels marked with an arrow because it acts as a pivot point in the near term.
it might Give a good move when RSI Crosses the 50 level on the weekly chart.
thank you !!
Swing Trade Idea in WIPRO
Information Technology
IT Services & Consulting
Largecap
With a market cap of ₹2,12,903 cr, stock is ranked 27
Current price is less than the intrinsic value
Stock has been generating better return on equity than bank FD
Stock doesn't offer attractive dividend returns
Good time to consider, as stock is not in overbought zone
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Disclaimer:- I am not a SEBI Research analyst so before investment please call to your investment advisor.
Recovery in WIPROAfter a huge retracement of 61% the prices of WIPRO is currently bouncing , it's above 200 EMA .
InvestmentThis is is a very good time to invest in Wipro. RSI(14) is near crucial support and also near to fib golden ratio.
trade at your own riskThis is the chart of the week, Wipro is forming a long scenario, it should move upwards.
WIPROWipro formed Inverted Head & Shoulder Pattern in Weekly time frame. Below 376 goes fall, Above 452 trend reversal possible.
WIPRO LONGLONG WIPRO
Very Good retraccement with RSI divergence
It is good time to accumulate stocsk
