Wipro New run is startingWipro is at cloud support on monthly charts & this could be taken as a great support for a big move. Can keel stop loss near 388 levels for target of 470 -540 & further new highs in long term.
WIOA trade ideas
Watch out for WIPRODarvas box breakout
Retracement completed
Trading above EMA50
RSI above 65 and rising
Volume rising
Wipro is in the support area !!!Considering the Monthly time frame, Wipro is in its support area.
An ABCD chart is presented here
I am not sure the price action will follow this..Let's see the moves
Note: For study purpose only
this will the flavor for many monthsFib - 38.2% from a higher zone is strength.
Candlestick- a stack of green candles one after the other is telling me bulls have taken charge,
MA- the golden crossover happened long back on the weekly charts.
Volume- the rally is supported by volume is again strength.
Conclusion- I think IT will definitely be the flavor for many months ahead .And this stock is one stock for traders and investors both.
Wipro- XXWipro- XX
1) Curvy Formation
2) Weekly TF retest
3) Even on Daily TF seems ready to Breakout.
#WIPRO(W)- BOX Pattern #breakout 🔥🚀 #WIPRO(W)- BOX Pattern #breakout 🔥🚀
-CMP 465
-Retest done
-Ascending MonthlyCPR
-Huge Volume buildup near the #breakout zone
#Wipro cash : Looks good above 463.10#Wipro cash -Positional call
09.01.2024
Looks good above 463.10
Stoplsos 450 Tgt 478-480/500/520
Cmp 451
Wipro - Falling Wedge as on 6-1-2024Hello Friends,
The falling edge is seen for the Wipro stock. Let us see the direction of the breakout.
wipro inverted head and shoulder and current month narrow rangenarrow range in weekly chart
last year pivot range 497 is the first target.
this month resistant R1 514 is the 2nd target.
this month pivot 435 is first support.
this month S1 390 is the 2nd support.
now it is consolidating mode.
It is just a view, please trade at your own risk. I'm not SEBI registered adviser.
Right time to invest in WIPROIn weekly chart we can see after double top price was fall. And whole 2023 reate a strong support at 441.70.
Very Strong Support - 441.70
Now 464 resistance level is breaking. If we see this week creating a red candle but volume is good and as expected price will go higher and touch 500 within couple of month.
It Creating cup and handle pattern.
If we see very carefully couple 7 consecutive 7 week creating green candle with a good volume.
It's a good sign for investor.
WIPRO
Prices have broken out of its medium term consolidation phase where it was been capped below 420-450 zone.
The MACD has given a bullish signal by going above trigger line.
Monthly RSI has also bounced from Oversold level.
Long Term Uptrend is expected to resume, wherein initially we can expect a test of previous all time high of 740.
Bullish outlook remains intact as long as price is above 420.
Wipro Looks buy based on Hourly charts for 10% upside in 1 MonthWipro Looks buy based on Hourly charts for 10% upside in 1 Month.
Flag pattern breakout will happen above 475.
WIPRO- 600 soonOne cad add Wipro for a target of 600, it came out of range after 1.5 years of consolidation, given the breakout with increase in volume, trading above all the EMAs, bounced from 61.8 % fib level, Sector support.
Time frame- 4 to 6 months
Wipro-750+ possibleWipro after very long consolidation, gave a monthly breakout and can head towards 750 levels.
Disco- Invested
Swing trade for 6-12 months🚀 Exciting News for #WiproStock 🚀 After 540 days of consolidation, Wipro is set to soar! 📈 Reverse from the 0.61 Fibonacci zone, breakout of the supply zone, and breaking the 0.5 Fibonacci level. 🌐 This looks like a promising setup for a 6-12 month swing trade with a solid risk-reward ratio. 🎯 Don't miss out on this potential winner! 💹 #StockMarket #TradingOpportunity #SwingTrade #Wipro #Investing 📊
🚨 Disclaimer: Trading involves risk, and past performance is not indicative of future results. This information is for educational and informational purposes only. Make informed decisions and consult with a financial advisor before making any investment. #InvestResponsibly 🚨
Wipro: 𝟖𝟎% 𝐮𝐩𝐦𝐨𝐯𝐞 𝐩𝐨𝐬𝐬𝐢𝐛𝐥𝐞?
➡️adding since September with an avg price around 410
➡️lowest PE among peers
➡️highest ever sales with large deal wins
➡️key trading area offering strong support
WIPRO APPROACHING TARGET 476i am not SEBI registered this is for educational purpose Only ,
Prior taking trade Pl consider your risk and reward
wipro swing ideaWipro is trading at 434 right now.
On the daily timeframe, it is trading above the 20 and 50 EMAs with rising volume support.
Levels of immediate support are 425, 420, and 410, respectively.
Upward movement is anticipated if these support levels are maintained.
Levels of resistance are 444–460 and 470.
This is my personal view. please study and do your own analysis before taking any positions.
Wipro bullish Bulliosh wipro
levels of wipro
next resistance at 550
followed by 700
expecting strong bullish momentum
WIPRO in Darvas Box Breakout Breakout with volume accumulation
RSI above 70 and rising
Trading above EMA50
wipro bullis patternWipro R H S pattern on weekly chart.
multiple times support on trend line.
target 535 according pattern.
RSI crossing over RSI based EMA.
no buy or sell recomendation.
idea for educational.
WIPRO - getting ready for the upmove, but i will wait & watchNSE:WIPRO
cmp is 462
getting ready for the upmove, but i will wait & watch
i expect one more dip towards 400 and then the upmove should start
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is consistent with your studies.
WIPROWIPRO has given a strong breakout wait for retest or consolidate you can expect target for long of 500
