Trendline line Breakout in WIPROTrendline Breakout
RSI near 65 and rising
Trading above EMA50
Volume spurt
4 months of consolidation
Disc: for study, not a recommendation
WIOA trade ideas
Wipro @ SupportCurrently Wipro is showing Good possibility upside of 25 - 30% upside.
Bullish candle confirmation at Support along with Natural barrier 200 EMA.
Go long in Equity in next candle 🕯️ Open and wait for Entry in daily Timeframe to get opportunity in F&O.
Happy Trading!! Only for Educational Purpose.
Wipro Stock AnalysisIT Sector seems to be bottoming out and might be preparing for a bull run. That's why I have picked a WIPRO as the next stock to perform well.
In the recent months IT stocks have corrected after a bull run and also have consolidated for significant time.
Talking about the particular WIPRO stock. the consolidation phase may eliminate once the stock surpasses above 463.✅✅
Entry: 463✅✅
SL: 448❌❌
TGT 1: 493🔥🔥
TGT 2: 545📈📈
Note: Do your own analysis before executing a trade.
Wipro Technical Outlook | 20-May-2024
Daily tf: Trend Negative, as long as the price is below LTMA Band.
Weekly tf: Trend Neutral, Compression Zone
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Wipro Bearish viewAs per Data analytics and price action it may retest 455 to 460 levels and take reversal and if it comes to 445 to 450 it will take support. Just a view not a reco..
1.5 years long bullish Inverted Head & Shoulder Breakout A Bullish Breakout of Inverted Head and Shoulder pattern is visible on the Daily chart of NSE:WIPRO
The shoulder is exactly at 0.236 fib retracement level. and the target is nearly at 0.50 fib level.
MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip as per the levels mentioned on the chart.
Risk Disclaimer:
The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions.
WIPRO LTDWipro LTD
Wipro will be considered coming out of zone if it opens above 468 and sustains it.
In that scenario a Stoploss can be placed below 453 levels.
Targets Should be around 490 and target should be around 518
Stock to focus this weekThe price has successfully completed its cycle of expansion and compression.
And the price is trading in a small range during five trading sessions.
From these levels the price has a high tendency to move in either direction.
Keep an eye on this stock.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
WIPRO LTD ANALYSIS 19 MAR 24 LONGWIPRO LTD ANALYSIS 19 MAR 24 LONG
This analysis is purely for educational purpose only
currently wipro is trading around 462.55
R:R- 1:2.5
i believe that this stock will give (7%-17.9%) returns in coming weeks
Investment type :- short term investment 1-3 months
entry zone willl be : 455.40- 468.00
bullish levels will be
level1 :- 480.10
level2 :- 491.60
level3 :- 517.80
level4 :- 545.75
Stop loss will be 429.40 for detailed view you can check chart how price action works
Wipro - Buy for target of 650Wipro is seen taking support at key area and several Buy calls for target of 650 to 700 in 1 yr looks good value buying now before its run up any time.
#Wipro cash : Looks good above 467.50 and 476.10#Wipro cash -Positional call
16.05.2024
Looks good 50% above 467.50
& 50% above 476.10
Stoploss 435
Target 540/640/720
Cmp 465
Wipro reversal seen on weekly chart1. MACD likely to reverse from zero line.
2. RSI likely to cross yellow line.
3. Taken support at previous resistance 452 or 448.
So, 460, 470 and 480 call options are good for coming days. Or one can buy 500 call option of Jun series @ Rs 8.
WiproHello ,
price is traded at support area so it s possible chance that price will move upper side
after breaking of trendline entry will be possible
Stop loss will below trendline support area
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
WIPRO Short Trade RecapToday we have a Breakdown of the STMA band with a strong momentum.
The degree and nature of separation in both bands shows a bearish trend.
So, I plan a short trade with a stop loss of candle high and target of recent low.
Disclaimer: This is my pre market analysis and my trading journal.
Not a suggestion to buy or sell. This is only for educational purposes.
Thanks
wipro inverted head and shoulder breakout13.01.2024
breakout done well at weekly chart
at present it is good place for accumulation
as per the Fibonacci retracement now it is travelling between 50 to 61.8 %
hope it will reach 515 of this year narrow range resistant 1
WIPRO 1 HR- EARN WITH ME DAILY 10K-20K -
WIPRO Looking good for Downside..
When it break level 462 and sustain.. it will go Downside...
SELL @462
Target
1st 460
2ND 458
WIPRO APR FUT – 8 LOT (Qty-12000)
MINIMUM 10L CAPITAL
Enjoy trading traders.. Keep add this STOCK in your watch list..
Big Investor are welcome..
Cup and Handle Pattern in WiproNow Wipro is create Cup and Handle Pattern in Longer timeframe .
Take enter after break the trendline i have draw in chart .
entry level : 501.90-510
StopLoss level : 479-470
Target :
First Target 540
Second Target 625
WIPRO IS EXPECTED TO FALL ABOUT 4-8% IN COMING DAYS : SHORT WIPRO
Short Term investment for 2- 4 months expected return will be 8%
CMP 513
Entry zone 518-510
Target 1 🎯 :- 501.20
Target 2 🎯. :- 484.80
Target 3. 🎯:- 467.75
SL will be below :- 536
For Education Purpose Only
Wipro within the purchasing range.Wipro appears to be within my budget for purchasing, so I've begun investing a portion of my funds. I anticipate a profit of approximately 150%. My initial goal is to reach the 720 range.
I am not SEBI registered. The information provided here is for education purposes only. I will not be responsible for any of your profit/loss with this suggestions. Consult your financial advisor before taking any decisions.
WIPRO AnalysisThe recent change in the management of WIPRO Ltd has brought a nice 56 Inch wide smile on Veterans who've been tracking the stock.
The CEO under whom, the profitability had reduced, has resigns and in exchange for him, we're finally getting someone who understands the Business and the Company.
I'm anticipating good moves in the stock from CMP.
Here are the details-
CMP- 486
Targets- 500, 520
Stoplsos- 476
Duration- 1-2 weeks
Let me know what you think about it.
