WIOA trade ideas
Wipro Swing Investment levels Buy @ 570- 550- 500 targets 6Wipro Swing Investment levels
Buy @ 570- 550- 500
targets 640- 680- 720- 760-800-900-1000+
Time duration 6months to 1 year
SL below 480
Public can short @ 620 AROUND LEVELS
Wipro - At a crucial level with small stopWipro can be accumulated here with a very small stop below 600
Multiple confluences as shown in chart too.
WIPRO AnalysisWIPRO has been in the trend since April 2020, and currently, it is on the support of trendline, if we take a trade here at LTP Rs 605.05 we can keep stop loss at Rs 526 and target 1 at Rs 763 with a risk-reward ratio of 2.
Any thoughts or comments are appreciated.
WIPRO - Double Top formation - Neck Line Broken We can Expect the given target level in up coming days , Best Entry would be at retest Level
Wipro at Good levels, Whats your views?1. Near Supply zone
2. Touched the mark of 200 SMA
3. RSI below 10
whats your view on this?
Long #Wipro for TGT - 680, Swing Trade- Reason - 200 DMA supportLong #Wipro for TGT - 680, Swing Trade- Reason - 200 DMA support
WIPRO INTRADAY ANALYSISAs we can see BULLISH DIVERGENCE FORMATION in WIPRO .W can go long above 50EMA and short only if it breaks previous day's low. Targets are mentioned in the chart itself
WIPRO - at Crucial Level - Confluence of 3 supportsWIPRO at crucial level.
Confluence of
(1)minor Support-Daily
(2)Weekly TrendLine
(3) 200 DMA
December quarter result is good so no reason for major correction.
If sustain above 600 then it will again head to 720 in 1 to 2 months.
SWING TRADE - WIPRO - R:R @ 1:2Potential Opportunity as Swing Trade in NSE:WIPRO
Risk : Reward - 1:2
ENTRY - 636.00
TARGET - 616.00
STOP LOSS - 676.00
This is for Educational Purpose only, apply your prudence & consult your adviser before any investing.
HAPPY TRADING.....
#nse #swingtrade #nifty #wipro #nifty50 # #priceaction #supportzone #trendline #retest # retracement #bullish #riskrewardratio
Wipro longWipro approaching its main trendline support. If it takes support and reverse back it would definitely a good buy with recent correction and support on major trendline.
WIPRO 20 JAN 2022Wipro NSE:WIPRO
Levels are provided.
Go with the following chart and make entries in your trade accordingly.
As per data, it's on the negative side.
DON'T TRADE "IN NO TRADE ZONE"
THANK YOU
HAPPY TRADING
Double topA double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior highs.
Ready for buy The stock reached its 3rd support level , If it broke next support level at 605.
Get ready for entry.
Do you own analyze before trade. This is only for educational purpose.
Stocks Algo for nifty 100 , tomorrow stocks selection (18-01-22)Dear Friends,
Refer chart for tomorrow stocks Algo..
we have selected four stocks for tomorrow market based on Analysis.
Regards
Kirit Chavda
WIPROHead and shoulder pattern formation done on WIPRO.
if reversal from here then next target for upside is 700 incoming days on spot level
WIPRO - Is falling Big- AvoidAs the CNXIT is looking positive we searched for the IT stocks which looks positive for going long.
But one should avoid such stocks which is completely out of the main stream. While all IT stocks are performing well only wipro is going down big, so avoid trading this stock as you have other good choices.
Always gaps are dangerous neither up nor down have some extra caution.
Wipro near supports supports marked in green. Resistance marked in red. Good risk rewards. Let it form a bottom to start entry.
Fib retracement chart shows a major support area to take entry.Fib retracement chart shows a major support area to take entry,
arrow shows exact point which hold a support and you can see Wipro bounce back when touch from the support.
Wipro Ltd. Sector: Computers - Software: BuyWipro Ltd is a leading India based provider of IT Services, including Business Process Outsourcing (BPO) services, globally. Further, Wipro has other businesses such as IT Products, Consumer Care and Lighting and Infrastructure engineering.
CMP: 639.80
Target : 713-760
Wipro Ltd is now on critical support as well previous accumulation Zone. Now market retrace from critical support and fill vacuum phase. if critical support break it go for support 1 i.e. 587.
Used dip to buy and five time investment strategy for long term.
Reasons to Buy:
1) Price reaching for the previous accumulation level.
2) Fundamental reason for demand as the company will distribute dividends, Promotor holding 73% . as well Revenue 61934cr which is good to previous.
3) Best buy before 18th Jan 2022.
4) Vacuum phase or Gaps to fill above.
If you think information is useful please comment and follow for Daily Updates.
Feel free to share your feedback and queries.
If you want to know about your stock please mention in comment.
Buy Idea for WIPROI do not like writing beautiful stories and convincing you to like my idea. I'll just give you the reasons which makes me feel, WIPRO can be a good buy. Use your own analysis for execution.
Reasons to Buy:
1) Price reaching for the previous accumulation level.
2) Fundamental reason for demand as the company will distribute dividends.
3) IT sector has a tendency to rally during Mid and later half of January.
4) There are gaps to fill above.
Entry tips:
1) Consider Lower timeframe confirmations.
2) Time is a important factor, Look for buys before 18th January 2022.
Profits targets:
33% of trade @ the vacuum area.
45% of trade @ Rs 700 or on the ex dividend day
Remaining portion should be exited at new high or Rs 680.
wipro longWipro is in good demand zone of monthly weekly and daily and having support from 20EMA.Must Byu trade with Target of 680+ and SL of 635.
