Wipro - Good for long termWipro looking good for long term. Invest as per your RRRLongby Kiran4897Updated 0
WIPRO - Bullish Flag PatternBullish Flag Pattern with confirmed breakout ready to move upside. USDINR - Above 74.40, positive sign for IT Sector before declaring their Q4 results. Longby Tradeforce_tfUpdated 4
WIPRO SPOT BULLISH VIEWWIPRO SPOT BULLISH VIEW WIPRO BUY ABOVE 460 SL= 440 TP1= 485 TP2 = 500Longby talkingmarketsUpdated 3
Wipro levels are expected to cool down at 450 to 455As there is a formation of negative divergence at daily time frame the price is much expected to make down at 450 to 455.Shortby Mohanraj_Muthuraja0
Wipro will keep touching new HIGHS!NSE:WIPRO is very bullish after it has completed the correction phase of last one year bull run and is now ready to keep up with the pace and touch new Highs! It will keep showing continuation patterns and extend higher! The quarterly results might cause further push to price and bulls will be in control for Wipro in coming weeks.Longby Vikas_Narayana0
WIPRO IS STILL WORTH BUYING!!not only for the long awaited (maybe coming soon) bonus but wipro can fetch u a good deal otherwise in long terms. at least u won't face loss. just an ideaLongby Mofo_starboy121
Wipro bullish flag reversalGood TTM. Steady growth over the last couple of years. It is significantly unaffected concerning other businesses affected by the pandemic since business nature can be well managed by work from home. Prices have been consolidating since breakout and swinging in a small range. Once equilibrium is reached, it can show another breakout with similar gains as the previous breakout.Longby WizSmashUpdated 8
[Positional] Wipro Breakout or Breakdown BetI am quite rooting for breakout but I think it will not breakout this time. Lets see. Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want. ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives. I also do my trades live, Please refer to the link to my footer if you want to tail me. =======by Amit_Ghosh1111
WIPRO Positional BONSE:WIPRO Levels are Mentioned in the chart... Look for Swing Note: 1. Views are personal. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... After market opens, the condition might change so learn to handle for different conditions.. 4. To learn more about patterns, Psychology behind the trade and price action trading... contact us.. Thanks..Longby tradingrhythm10
wipro after flag breakout, may continue to form a trading rangewipro has made all time high today and near its previous high.. if prices pulled back it may form a trading range. if price moves higher then it will form up trend, no fresh entry a this level. watch out for next session.by akrock8612
WIPRO - UP FLAG ON WEEKLY CHARTWipro Ltd. is in an uptrend since March 2020. The counter got into a consolidation of 3 months since January 2021. The consolidation has a slightly descending slope making it like a channel. The consolidation got an upward breakout on a weekly candle for the week starting on 12th April and ending on 16th April. This weekly candle closed at Rs.469.20. I anticipate the first price target of Rs.500 and the second price target of Rs.600. I suggest the stop loss at the price level of Rs.457 for the first for weekly candles. Thereafter the profit booking/ exit decision should be based on a downward crossover of 26 EMA by 5 EMA. NOTE: This idea is an attempt to predict future price movement. Investment decision, based on this idea, should be at the sole risk of the investor. Longby ShriramN0
Breakout in WiproAfter a long consolidation for about 2 months, Wipro has finally given a breakout today with huge volumes. Looks very bullish after positive quarterly results. Perfect for swing trading if market supports.Longby Noob_Technicals0
Wipro gave brekoutNote 1) today is weeklysing so this breakout is important 2)USD INR is very bullish has gave a decent move in last few trading session 3) Quaterly resuls will add further volatility in the stck 4) The breakout is very decent See my last idea where i shown the minor trend line.Longby TRADEWITHFUN247225