Wipro bullish flag patternWipro flag pattern on buy side 15 mins. Expect stock to go on up side upto 532 levels. It might happen in few days time. There is a chance for stock reversal but again it goes up
WIOA trade ideas
WiproDate 03.09.2024
Wipro
Timeframe : day chart
Remarks :
Strong/Breakout
1 If breaks out from cup & handle neckline + 50% of fibonacci + resistance band of developing symmetrical triangle, that's a good breakout. Target could be 61% of fibonacci
Weak/Breakdown
1 If breaks down from 38% of fibonacci + goes below handle + moves below support band of developing symmetrical triangle, that's a weak set-up. Target could be 23% of fibonnaci.
*For swing support can take input of 20,60 & 200 ema combination. See if any divergence or convergence.
Regards,
Ankur
WIPRO ANALYSISHello 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 entry 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.
Wipro seems good for swing Good stock to add in watch list, Keep eye on breakout in coming weeks.
Cup & handle pattern completed.
Good fundamentals.
Wipro ready for breakout in weekly chartGood stock for watch list, Keep eye on break out in coming weeks.
Cup and handle pattern completed on chart.
WIPRO Targets 1380 Possible in Next 36 Months.WIPRO Targets 1380 Possible in Next 36 Months.
Based on monthly charts clearly visible breakout coming near 730 Levels post which it will move to 1380 Levels in 2.5-3 Years timeframe.
LTP - 538
Targets - 1380+
Timeframe - 2.5-3 Years.
Happy Investing.
WIPRO Analysis📊 Script: WIPRO LTD
📊 Sector: IT
📊 Industry-IT Large Cap
Key highlights: 💡⚡
📈 As per weekly charts of WIPRO the stock touched the all time high of 728 in Jan 2022 and since then the Company hs not reached at this level next resistance is at 612. As per the weekly chart there is cup and handle pattern having resistance of 538 the counter have tested this resistance 3 times in the past. As per the closing of 30-08 the net volume is in green when the resistance of 538 is formed. Considering this we can say that WIPRO is bullish on long term basis. However, considering the smaller time frames such as hourly the stock seems bearish.
📈RSI for the weekly is in bullish zone and for hourly time frame is in overbought zone and stock is trading above 50 EMA and 200 EMA for both weekly and hourly charts. 50 EMA being key support level.
📈 Considering the above analysis we can go long in the stock for period of 1-2 months considering the overall market sentiment.
📈 Key support levels for the stock is 490 and 450 as per the weekly charts
⏱️ C.M.P 📑💰- entry at 540
🟢 Target 🎯🏆 - 720
⚠️ Stoploss ☠️🚫 - 450
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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WIPRO - Higher High and Higher Low from the bottom of channelStock moving in parallel channel and making a formation of higher high and higher low from bottom of channel
BUY AT CURRENT PRICE: 538-540
SL: BELOW 515
TARGET: 580, 612
MAJOR TRENDLINE BREAKOUT IN WIPRO ABOVE 530Wipro is giving a major trendline breakout at the level of 530. It is a signal of long in wipro. We can buy this stock at the current level@535 with aSL of 495 on closing basis. Target will be 590 & 640 respectively in a very short term. More upside potential possible up to the level of 700.
WIPRO INVERSE H&S BREAKOUTWIPRO breaking inverse h&s reversal pattern
with huge volume,strong rsi
#target 580 soon
educational idea
WIPRO Monthly Chart Suggest 30% upside in next 5-6 Months.WIPRO Monthly Chart Suggest 30% upside in next 5-6 Months.
WIPRO Weekly Chart Suggest CUP & Handle Pattern in Progress.
LTP - 533
Targets - 720+
SL - 480
Timeframe - 5-6 Months.
Happy Investing.
Wipro Rising Post-Consolidation: Strong Risk-Reward SetupWipro has been on the rise after a solid consolidation phase, forming higher highs and higher lows. Currently, it’s retracing to a strong level with a favorable risk-to-reward ratio, aiming towards its all-time high (ATH). Ensure you enter trades with a predefined stop loss for safety.
Wipro Short Anti Crab Pattern
Strong
Reversal Expected - 522-525
SL - 530 HCB
Target - 516,510.5,506
Trade to be initiated based on Price Action
Wipro ShortAnti Crab Pattern
Strong
Reversal Expected - 536-544
1.27ABCD=536.25
SL - 550 DCB
Target - 530,520,512
Look for price action to short
Wipro | Correction overWipro seems to have completed it's ABC correction and now in accumulation zone.
For taking a long entry wait to stock to close above 500.
Once the move starts I'll update the target price
upcoming setup in wiprotaking big suppor at support line.... if it take support we can see big upside move in it... we can use last swing low sl..
Wipro, 13th August /Live intraday shortGood sell @ 491 with a SL of 1.75 points and for a target of 487.5
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Remind /Trading involves risk, trade at your own risk.
Happy Trading.
WIPROhistory repeat itself if took bounce then we will see above level for swing
This is not financial advice. Just sharing analysis for educational purpose
Wipro Weekly AnalysisWipro is good on Long Side. It is a good time to enter in this stock. But this is for long term investments. The stock may give returns up to 44% returns.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades NSE:WIPRO
Stock in Support Zone: WiproWipro is trading near the strong support zone.
Can add 25% at this level.
if the level is broken can further add near 460 levels
This is purely for long term only.
Wipro Stock Price given range breakoutWipro Stock Price given range breakout looking good to buy at current market price.
Buy and hold for at least 10% target.
