Trade ideas
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
********
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.
=======
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.
=======
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
********
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.
-------------------------------------
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.
-------------------------------------
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.
IT sector is bullish the it index is bullish by patterns and indicators so invest as per your risk appetite and follow the lvl
if you like the content or discuss more about post then like and do comment
Bounce from 37.5% retracement zone: WiproBounce from 37.5% retracement zone: Wipro
Detailed analysis given on the chart
NSE:WIPRO
WIPROWipro has shown good strength and featured in the list of the strong stocks in the past 10 trading sessions, If we look at the setup, the stock is trading perfectly within a channel. Recently, it took support at the lower end of the rising channel and has crossed its key hurdles, The upper of the rising channel is around the 850 levels. In term of wave counts, wave (iv) correction looks like completed, and now wave (v) can be possibly unfold, If we assume that wave (v) can be equal to wave (i), then it can show the level of 815 upcoming, On the way down 20DMA and 50DEMA can provide immediate good support which are pegged near 648 and major support is recent swing low at 598.
All the key levels are mentioned on chart
Parallel channel structure
Wave structure could be like this
macd in weekly uptick
macd in daily positive and uptick and above zeroline
rsi in daily breakout and above 60 with uptick
adx dmi positive
bollinger band action
Disclaimer
I am not sebi registered analyst
My studies are for educational purpose only
Consult your financial advisor before trading or investing
I am not responsible for your profits and losses
WIPRO DAILY CHART ANALYSIS AS ON 21.12.2021WIPRO as per daily chart analysis stock above 698 level for a target 708 level. Tomorrow the nifty will go down initially and then bullish reversal will take place and market will continue to be bearish. Don't hold long positions.
WIPRO CORRETION COMPLETThe Wipro Share is Good Positive Trend The Share is Recently Fill The Gap, this is very good buy zone you can buy this share.
#WIPRO - Bulling harmonics formation in progress#WIPRO - Bulling harmonics formation in progress. Expecting a good up move. Let's see
Buy above 694 TGT 697 and 703 SL 687Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Buy Today Sell Tomorrow: WIPRO for more than 5%HAVE A LOOK AT THE PAST PERFORMANCE ON THIS PAGE!
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
NSE:WIPRO 2.5 % baggedNSE:WIPRO
NSE:NATIONALUM
NSE:JINDALSTEL
NSE:IDEA
#NSE:WIPRO gain 2.5 % today shared 80 CE @ 13.8 reached 20.6 till now 50% ROI bagged !!
few other stocks shared !!
#JINDALSTEL 37 CE
#NATIONALUM 95 CE
#IDEA 14 CE
check my profile for complete details.
BREAKOUT BY WIPROWIPRO has given breakout and even in todays heavy selling market it holded its breakout level which indicates its not a fakeout.
WIPRO DAILY CHART ANALYSIS AS ON 19.12.2021WIPRO as per daily chart analysis it has broken the consolidation zone and stock above 677 level for a target 687 level.Do note nifty50 tomorrow will fall initial hours and it should take support either at 16891 or 16791 for it bounce back.
