WIPRONSE:WIPRO is very good fundamental company.
on daily time frame stock is creating rounding bottom,
so one who miss the rally of the Wipro can buy this stock now for a very short term target of 725 and, long term target of 1000+
WIOA trade ideas
WIPRO Bullish in upcoming weeks ??Wipro might reach the target of around 760+ in the upcoming weeks based on the price action. Lets wait and watch
WIPRO time to shortThe nicest double top on the weekly, pending confirmation but looks like a good setup to short.
#Wipro cash : Resistance at 725-740#Wipro cash
05 Jan 2022
Resistance at 725-740
Support at 625-640
(Avoid buying at higher levels till 740 is not crossed)
Hanging man form in wipro. !!!!!Yesterday (04.01.22) hanging man formed in wipro at al time high level..and also today strong down move observed.. it might be a trend reversal .. time to take short position..
NOTE : This is only for educational purpose.. do your own analyze before taking trade
NIFTY 100 STOCKS ALGODear Members,
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We have launch stock Algo for Nifty 100 stock,
In this ALGO we have selected Nifty100 stock only. Daily we will select four stocks for next day trading as per technical analysis and trend line breakout. Risk: Reward ratio is 1 : 1.5( means 1000 loss and 1500 profit in one stock) also we have set trailing stop loss to reduce risk in trade. This is fully Algo for intraday trading.
You can select your own stocks base on your knowledge or as per your analysis. Refer/add below inputs in indicator.
For tomorrow we have selected four stocks as you see in dashboard..
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WIPRO.. LongNifty IT gave breakout after long consolidation. Nifty 50 is in correction mode and can fall more as per analysis.. IT stocks can support market and hence one can can go long in WIPRO.. Details in the chart..
wipro at a level to watch for its movelevel given pattern one can see .
volume there
resustance level support level
crossing decide eithe side move
posted as learning technical analysis only
market akways high risky confirm at ur end techno funda
NSE:WIPRO Descending triangle NSE:WIPRO
#NSE:WIPRO formed descending triangle and BO may give positive results.
710 CE
WIPROI am very bullish on WIPRO. Looking at the chart Wipro is possibly forming a "CUP AND HANDLE" which is one of a very bullish pattern.
Points to note:
1. Possible "CUP AND HANDLE FORMATION" is forming (which is highly likely).
2. The 720 level acted as a resistance and the candle retested it (in the past 3-4 times it retested too). I expect Wipro to consolidate a little by completing the "Handle" pattern and after it may give a breakout with an initial target place around 780-790 levels.
3. Support and Resistance are shown on the charts (1Hr timeframe will show those levels in more detail).
According to my opinion, WIPRO will be a big game in a few sessions if it continues the "CUP AND HANDLE" pattern.
THE ANALYSIS IS ONLY FOR KNOWLEDGE PURPOSES. PLEASE ACT WISELY BEFORE TAKING ANY DECISION.
Wait for breakout !!!Wipro touched all time high today(30 dec). May be it can break the high level and create new high ..or else it may fall and take support and again it will try to set new high.
WIPRO LIMITED ( EDUCATIONAL PURPOSE ONLY)There is no guarantee in stock market and Nothing over week
Always Invest or trade according to your loss bearing capacity
STOCK FOR EDUCATIONAL PURPOSE ONLY
WATCH WIPRO LIMITED @ RS 710 with target of RS 730 CMP IS RS 705.45
STOP LOSS: ACCORDING TO YOUR RISK APPETITE OR @ RS 690
Disclaimer: I am not Sebi Registered. All my ideas/opinions and analysis are for your information and educational purposes only and it does not constitute any recommendation to buy or sell any stock or index. Use your own wisdom.
M B PANDEY
Student of Market since 2015
B.Sc. (MATHS & PHYSICS)
Disclaimer: I AM NOT SEBI REGISTERED
[ INTRADAY ] WIPRO LONG BETrisk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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Simple Trade Setup | WIPRO | 28-12-2021 [ INTRADAY ]NSE:WIPRO
Observations:
1) On 1 day time frame, we can see that it sustain the gap up but closed below 700 level.
Still range of 700-702 is major breakout range.
Please refer below chart : 1 day Time Frame.
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Levels and trade setup remains same as per previous.
Trade Setup for Date: 28-12-2021
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Opportunity for Intraday as well as Swing Trade in Wipro Ltd.As on 27 December (closing) Wipro Ltd. share is at very important Level. It is making a pattern of upward triangle with fix Resistance level of ₹700-702 in 15min chart pattern. For Intraday, If Wipro share Price gives closing above ₹703 It can be great Opportunity to buy with Target 1 of ₹715 and next Target of ₹725 or Take Pivot as Target. And For Swing Trade, Wipro has great Opportunity for the upcoming month It can reach the level of ₹785-800.
wipro forming continuation pattern showing uptrend continuation forming HL HL and symmetric pattern
buy if close above 702 target 710,712
stop loss 692
Profit Strategy trading and training institute jaysingpur.
contact no. 8956337959
this view is for educational purpose only.
Wipro Trading Idea Wipro has strong uptren and using GI-4 Wave Method price Expect upside towards 713 from 693
NSE:WIPRO descending triangle !!NSE:WIPRO
#WIPRO formed descending triangle !!
Interested in this level can ping for any clarifications...
WiproBuy above 704 with the stop loss of 699. Targets are 709, 714 and 720.
Sell below 695 with the stop loss of 700. Targets are 690, 685 and 680.
Simple Trade Setup | WIPRO | 27-12-2021 [ INTRADAY ]NSE:WIPRO
Observations:
1) On 1 day time frame, we can see that it is at the breakout zone of 700-702.50 level range.
But major breakout will be only above 720 level.
Please refer below chart : 1 day Time Frame.
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Trade Setup for Date: 27-12-2021
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
