WIOA trade ideas
Wipro Analysis For 11 June 2021Wipro Analysis For 11 June 2021
If Wipro opens above 555.55
Then
Tp 570
SL @ 549
Risk Reward Ratio Is 1:3
Wipro The Perfect Short Wipro is Giving opprtunity to short at current levels . Sl Tgt on Charts
Capital allocation - Less
Risk - High
WIPRO view and levels for next two daysNSE:WIPRO
Wipro looks to be in a good value are. Entered the stock since the risk to reward looks good.
Tweezer bottom at a very good confluence of support(trendline+200ema/15min+support at 50% fib retracement). confirmed by good volume buying.
Can be watched for next two days
Last 2 15min candle shows good volume of buying there.
planning to exit the trade on Friday.
Nifty IT also shows a morning star pattern in 15min time frame at 38% retracement.
If opens gap up tomorrow it will be a good sign.
WIPRO - Intraday TradeWipro has been halting at its ATH zone for quite sometime. Today it bounced from the TL mentioned in chart.
Looks good to buy above 547.
On the contrary if breaks TL then can expect a quick fall - Sell below 530 (fall might be very quick so need to book fast before it bounces).
P.S. Volumes have been decreasing in the stock, keep an eye on the same while trading
Uptrend continues. No signal of breaking support. The support level opf uptrend is clearly followed. So invest and it will be safe. Go Long
Wipro from 5 June 2021Trend : upside
Chart pattern : flat top Ascending bottom
Support : Major: 520-525 Minor : 535
Target : 545 - 550 -555
Wipro Intraday/Short Term Chart1 Hour chart, One can think for short term or Intraday by looking this pattern
[Buddha] Wipro Inside Bar TradeIf the buy triggers, I will not convert to positional unless the upper channel is broken too.
If short triggers, I will take positional.
Long if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
WIPRO Buy at current price 514Rs. Target is 555Rs within 15days.WIPRO Buy at current price 514Rs. Target is 555Rs within 15days.
Wipro Fresh Breakout Wipro has given fresh breakout after 3 months. The stock is trading at life time high and is on Bullish HH / HL on all time frames. Slow mover but expect move to 511 and above in quick time
Disinvestment Wipro/Retailer vs BiggiesTREND ANALYSIS & TRADE SETUP !
WAVE ANALYSIS !!
**Retailers Vs Institutional Trading.**
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for ENTRY CONFIRMATION !
Risk:Reward: 8-10 times.
Regards @MohitArora
