WIPRO - AnalysisThe key levels for WIPRO are as follows.
Entry : 400
Stop-Loss : 419
Target : 352 - 332
Trade ideas
Wipro Ready for a run?wipro started bullishness a week ego , now its given a clear breakout and came at support
fibonacci retracement levelcan retrace upto level of 0.618 which is 381 then it will move up, can buy now or we can buy after retracement
Wipro is in downtrends!!Check the MACD line, There must be a downtrend in Wipro till 400 or max. 385/380.
trendline below the current level is strong trendline, You can see it is break in the 6th turn.
There should be an opportunity of buying this stock after it took the support of the trendline / Resistance line.
Let's wait and watch...!!
ITS TIME TO BUY OR SELL WIPRO??WIPRO IS COMING FOR RETEST AT LEVEL 400 IF IT SUSTAINABILITY IS THEN ONLY BUY WIPRO BUT IF FAILED THEN AVOID
that's my thinking what's your????
WIPROHi guys, In this chart i found a Good Demand Zone in WIPRO for Long, Observed these Levels based on price action and Demand & Supply. Don't Take any trades based on this Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
Wipro: All things on the chart for swing tradeWipro: Weekly chart for swing trade. Price near 200 Weekly EMA support
Wipro Breakout and then move for 10%-20%Wipro is near breakout zone, for break from 415 the 460 is coming in short duration
Wipro range breakoutWipro has been in a continuous downtrend in a channel. The range has been broken, now wait for retest and take entry. There is a good risk reward ratio.
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.
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
