Trade ideas
Wipro Target 66%Wipro weekly candle closes above 20 ma. Trend is in Bullish continuation. It has also b given breakout above the trend line. So entry is confirmed.
One can enter at Cmp for 1st target of 66% which can be achieved in 4 to 6 months.
One can also enter here for investment andhold it forever. (Huge potential stock)
Stoploss is mentioned in the chart.
WIPRO - Ready for take off ?WIPRO today has closed on 646.90. entry was 647 which should be good as it has sustained a support above the triangle, would recommend to wait for one more candle for up move, if it closes above 647 tomorrow it should uptrend later.
looks like a doji candle creation to me hence its better to wait for one more candle before entering.
Wipro Long 657.1 or BelowEntry 657 or Below
Target 700 +
SL 628.8
Time: 2-3 Week
Wipro CMP id 658 and price is just above the demand zone. It has a demand zone at 634 to 648 and another demand zone at 630 to 643. So downfall from this level is protected or chances are less. NSE:WIPRO
Disclaimer: the author may enter in trade, take your own decision , This is a trading idea not a trading or Investment advice
Breakout above sloping trendline !Stock has given breakout above the sloping trendline on daily chart. Also, there is morning star formation on daily chart.
One can consider long position with SL 635 on weekly CB for the target of 720 and 740 in short to medium term (more than 1:2 RR), 800 in long term (1:5 RR).
Kindly do your analysis before initiating trade.






















