#Wipro cash : Looks good above 420.10#Wipro cash -Positional call
21.07.2022
Looks good above 420.10 and dips 413-415
Stoploss 403
Target 438-442/470
Cmp 414
(Expecting strong bounce)
Trade ideas
wiprowipro chart price cross 2 and 4 line channel and rsi or histogram divergence
buy 413
stoploss 390
longterm
postional 500 target
GO LONG ON WIPRO SHORT TERMNSE:WIPRO
THIS IS SHORT TERM TRADE .
INTRADAY TRADE OF TARGET 414 OF 2 %
There is daily support zone and next resistances zone on hourly chart is 414
The SGX nifty is also up 100 points which indicates bullishness in market .
For short term confirmation the stock is above moving average 20 which means the trade is correct .
A stop loss should be maintai n below 401 of 399 .
This is for educational purpose.
Wipro Hammer-Learning In wipro hourly time-frame there was a formation of hammer.
SL mentioned in chart.
1:1 target achieved.
Divergence are positive.
WIPRO ACCUMULATION CHARTS FOR IT LOVERSWipro continusly breaking important and good supports so i made an accumulation chart for wipro for information technology lovers
Wipro might take reverse from this time. 17july22.Wipro has one residence in the past @383 and it could become the support this time. If it takes reverse from here then we may book some profit.
entry@411
stoploss@374
target@444
Note: This is only for educational and learning purposes. Trade at your own risk.
WIPROBearish 🐻 pennant pattern structure formed, wait for the trend line support or resistance level breakout after entering the trade
Short Covering Started GO FOR LONGIT sector fall is now pasue and turn to shortcovering buildup and come month started to upward journey.wipro taken support downtrend . entry @480-500 tgt 550,610,680. stoploss weekly closing 440 .its my view and educational purpose not recommend for trade.
WIPRO | INCOMING SUPPORT BREAKDOWN Disclaimer: Always trade according to your risk appetite. And always enter SL first.
A short trade can be initiated as follows:
Entry below 413.05
SL 418.3
Targets of 406, 399
WIPRO - Awaiting breakoutAs we seen in chart, WIPRO is consolidating in range....once we see breaking above 430 levels we will see 480+++ in WIPRO
Whole IT sector showing signs of reversal
Wipro All detail for chat. good entry at mark price only. and must stoploss is 528 minimum risk and good profit. risk ratio 1:1 in first target. This is not call my idea only. Please understand your risk and take full responsibility of your actions
Wipro Possible MovesAll details are mentioned on the chart.
It is currently sustaining on the support zone and can give a good up move.
Wipro Bullish Half BAT PatternWipro has made decent correction and now it is reversing from Monthly Half BAT Level. We Can add this in Portfolio for Swing or Investment Purpose.
.
Name of the Pattern - Bullish Half BAT Pattern
PRZ 1 - 449.60 , PRZ 2 - 403.20
Stop loss - 381.15
Swing Trade in WIPROSell WIPRO below 437.95 With The SL of 453.65, First Target Will be 419.60, 2nd Target will be 399.95 and 3rd Target will be 372.00. as we see Wipro is on crucial level it can be bounce up if it give gap up opening and go above 453.65 avoid it for some time and wait for breakdown of the given level of 437.95. if we see on weekly chart 419.60 and 399.95 is good support on weekly chart. it may be possible stock can go for test this level. one more Important thing Wipro is trading on Harmonic ABCD down side this is the place from where market needs to take a bounce but as we see on Weekly chart Wipro is continuously going down so we are looking good on down side.
Swing Time 3 to 6 day
Please Note : We are not SEBI Registered advisor, trade as per your own risk and reward.
Thank You!!
buy wipro now uptrent start in wiproits my view i m not sebi ragister i m not resposble any loss and profit its eductions perpose only
wiprorsi show reversal and also near support line which is best time to enter
price trend also show reversal after support line touch
take one dip on support line
WiproNext trend line support 427.65
Support line break so wait for next support line near 399
Macd are also reversal
Wipro - 16th June 2022Stock hitting Medium Term Support Levels 450-400.
Value Investors may step in.
Holding of these levels can result in prices reversing to the Upside
