Wipro- LongWipro looking bullish and it has formed an ascending triangle pattern. Where we can see the target of 550 to 580 range once it breaks the ascending triangle break line. Disclaimer- Its only for education purpose and not trading recommendation.Longby Prabu_ShaUpdated 115
Buy With Stoploss1 : Up Trend 2 : Indicators are Positive 3 : close above Pattern Breakout Point 4 : Volume confirmation 5 : Follow The High and Low as per the above table Given 6 : Qty mentioned in terms of 3 lakh value 7 : Target Give as per Low to High and High to Low Swing %.Longby AhmedabadTradebullsUpdated 3
Wipro Emerges from AccumulationWipro successfully breaks out of its accumulation phase, which lasted from June 2022 to December 2023, and shows a strong retracement to the Fibonacci level of 61.80%. A clear target is now in sight, and the momentum continues.Longby OptimaltradeX4
Wipro (NYSE: WIT) - A Potential Cup and Handle Pattern Emerging?What is a Cup and Handle Pattern? The cup and handle pattern is a bullish continuation pattern often seen in technical analysis. It typically signifies a temporary consolidation followed by a resumption of the uptrend. The pattern resembles a teacup with a handle, hence its name. The cup portion forms a rounded bottom, while the handle is a smaller consolidation near the highs. 📈 How Might Wipro Move? If Wipro indeed confirms this pattern, it could indicate a potential bullish breakout in the near future. Traders might look for a decisive breakout above the handle's resistance level as a signal to enter long positions. The projected price target can be estimated by measuring the depth of the cup and adding it to the breakout point. 🔍 Key Levels to Watch: Resistance: Keep an eye on the upper boundary of the handle for a breakout confirmation. Support: Previous lows within the cup formation may serve as support levels in case of pullbacks. 📅 Stay Updated: As always, it's essential to combine technical analysis with fundamental research and stay updated on company news and market developments. 🚨 Risk Disclaimer: Trading involves risk, and patterns may not always play out as expected. It's crucial to manage risk carefully and use appropriate risk management strategies. Keep an eye on Wipro's price action in the coming sessions to see if the cup and handle pattern confirms, potentially signaling a bullish continuation. Happy trading! 📈💼Longby CyborgTradingHub12
WIPRO HOURLY GANN LEVELS CHART 12 FEB 2024Wipro has taken resistance around 500 levels as seen on chart. 483 is support staying above it must. 493 is momentum level above it 499/503/507/511 possible....by kbr91219650
Wipro Buy Abv 410 SL 375 Target 444, 488, 530. Need to close in Weekly timeframe with breakout candle.Longby Index_LoverUpdated 1111
INVERTED H&S FORMATIONBoth in Secondary and Minor Trend the stock in UT. Now in the Inverted H&S formation. In Fib Rt also, the trend is in second level of support, ie., still in bullish control. If this Pattern formation continues, the TARGET would be around 700-718. Shortby velut1227558
WIPRO Short term and long term view Stock has consolidated good and started making higher high , trend continuation expected if the level are maintained . A classic round bottom in formation , immediate short term trade trigger could be the break of triangle for a good bump .Longby srinivasbusyUpdated 228
WIPRO COMPLETE MERKET CAPAccording to the previous one year WIPRO LTD following a strong trendline its very strong never breakout whhowing from previous one year and its showing Retracement following at marked Circle lables a suittable stock for longter as well as sort term treaders for buyers its a perfect entry point at 470.00 label expected target must be higher than this years high {529.00} means it must be like 580 to 600 for long tearm if the trendline shows any breakout then wipro will be fall like crash following the circle as support leble follow for more thanks youby tradergyan01112
Wipro sell given on 22 jan next Target 430-425On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hitby JaiPrakashShuklaHarmonicTrader0
Wipro ready for fall to 428 and 390On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hitby JaiPrakashShuklaHarmonicTrader5
WIPRO Longterm viewExcellent chart pattern.. 1. Made high in year 2000 -- 350. 2. Traded in a channel for a long time and broke out of 350 resistance. 3. Made high of 700 -- Exact 2x. 4. Dropped back only to get support at exact 350. Bullish engulfing on Monthly time frame Risk: Reward a mouth watering 1:8 WIPRO announced Shares buyback.Longby abhaychakravarthiUpdated 1111
WIPRO |STRONG BREAK-OUT | LONG-TERM WIPRO has given a clear breakout on the weekly chart and looks good. WIPRO CMP:- 467 Targets :- 476/520/616 Stop :- 425-427 levels. (WCB) Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment. It is not a buy or sell recommendation.by badhekakrishUpdated 5
Wipro4 levels are emerging in Wipro support 350, 440 & Resistance 530, 600. Watch on itLongby vaman19090
Wipro strong buyWipro is out of the consolidation phase almost 1.5 years of consolidation good volume breakoutLongby rsptraders2017Updated 19
Wipro: Long-370 SL-357 This Stock has taken a good retracement of 61.8% and now it is sustaining at the said level. I am expecting it to come down further to 368-370 range where I am planning to enter if it shows some sign of bullishness on daily timeframe with a supportive global markets scenario. I would have SL for this trade @357 and expected targets would be 411..445..479..500.. Longby pankajdua22Updated 1125
Wipro - Weekly Time FrameWipro: 470 Strong breakout after 553 Days (1.5 Years) with rising volume T1: 532 T2: 613 T3: 740 SL: Stop-Loss for Safe players should be 402 on Weekly Closing Basis.. Risky Players can place stop loss below previous Swing low 380Longby RishitDedhiaUpdated 9
Wipro gives breakout after 19 MonthsWipro's stock has exhibited a consolidation phase over the past 19 months, primarily fluctuating within the range of 316 to 412. However, a notable breakout occurred on December 6th when the stock surpassed the level of 412. Subsequently, the stock price advanced and approached a significant resistance level at 460. Today, the stock experienced another breakout at the 460 level, accompanied by robust trading volume. The next resistance level to watch is at 530. If the stock manages to surpass this resistance level convincingly with a strong breakout, there is a potential for the stock price to advance further and reach the 620 levels. This analysis suggests that the recent breakout at the 460 level, coupled with favorable trading volume, has the potential to propel the stock toward higher resistance levels, with 530 being the immediate target and a subsequent target of 620 if the 530 resistance is breached convincingly. *Do your own research and invest wisely. by Nahush_Waghmare0
WIPRO (Strong Breakout Candidate)WIPRO has given a clear breakout on the weekly chart. The stock has a possible upside of 515, 565, and 615. Also, strong volume buildup can be seen from the last 4-5 weeks. The stop loss can be placed at the 427 level (Weekly Closing basis). #WIPRO. Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment. It is not a buy or sell recommendation.Longby onkarsoundankarUpdated 1119
Wipro bullishWipro forming a diametric patter. Currently it has completed wave d and now we are in wave e of diametric pattern. Generally in a diametric pattern Wave e = Wave c in terms of time and price. Wave e= Wave c comes @ 550-555 levels 261.8% retracement level = 550-555 level. So, Target = 550-555 Stop loss- Wave d low- 445-446. Longby VSK_1008Updated 1167