Wipro - Technical Analysis - short term Wipro falls at 536 level and make support for that , Buying opportunity we will see if they break 588 and make long green candle above 600 then
first Target is ( T1 - 636 ) .
its sustain on 636 then 2nd target is ( T2 - 665 ) .
Stoploss of 588 .
Anyone have another idea please let me know .
WIOA trade ideas
WIPRO | Short Term Opportunity | LONGHola,
Wipro is Available at decent discounted price than it's pears . Within 10-15 days It should regain it's 675 levels . Following trading position can give you decent trade for this month.
Important Signal to watch : Double Bottom | RSI Divergence | Trend Line Breakout Can Happen within 1-2 sessions | Started Travelling above daily point of control line
Buy Range - 550 to 575
SL- 530
Target- 675 (15-25 Days) | 750 (2-3 Months)
Best Regards
Vishal Malviya
Intraday/ very short term trading ideaThe logic to go long is written on the chart. Also the MACD indicator is showing signs of bullishness. Though I don't rely much on it as it is a lagging indicator
Expected targets : 576
S.L - As per your risk taking ability but try to keep it at 1.2 or higher
Suggestions and any comments are welcome.