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.
Trade ideas
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
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 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..
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.
Wipro: Bull Ride Long consolidation with huge sell spike in downtrend took sufficient time to recover, recent overall market bullish and some political factor influenced the investor to invest in Indian market. #Wipro looks like one of the hanging fruit for the investor. Recent, investment plan of investing in AI and new projects approvals will attract investors.
My Key support and resistance
* Overall support : 380
* Resistance : 525
Wipro showing bullish strength.Wipro for the intraday trade is looking bullish and has closed around the resistance zone.
The stock after the fall has given a bullish engulfing candle on the daily charts.
It has been respecting the resistance trend line. Even the RSI indicator is showing a bullish divergence in the stock.
If the stock starts trading above 520 levels and sustain above it, a bullish trade can be entered with a target of 525 for intraday.
Target levels :- 525, 533
Entry:- Above 520
If there is a gap up opening in the stock and it comes to retest the break out levels. A bullish trade can be entered after confirming the price action.
Double break out will be there in the stock. Positional/swing trade can also be created, if the stock closed above the levels on the daily front.
Wait for the price action near the levels before entering the market.
WIPRO - SWING TRADE - 23rd December #stocksWIPRO (1W TF)
Swing Trade Analysis given on 23rd December, 2023 (Saturday)
Pattern: RECTANGLE BOX BREAKOUT
- Breakout of Resistance - Done ✓
- Volume Spike near Breakout - Done ✓
- Retracement & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #wipro
WIPRO 5th WaveWIPRO
1st, 2nd, 3rd, 4th wave has completed
5 th wave in formation,
within 5th wave
in smaller cycle
1st,2nd,3rd wave completed
either 4th wave has been completed or can see further retracement of 4th wave
if 4th wave has been completed,5th wave formation will result in upward movement.
this is for educational purpose, not a trading advice, trade with due diligence






















