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 trade ideas
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 - 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.
Buy Opportunity in Wipro1. The stock halted its downtrend, finding support and consolidating at the golden ratio of 61.8%.
2. Following the consolidation, there was a significant volume breakout on the weekly chart.
3. This breakout aligns with the characteristics of an ascending right-angle triangle pattern.
4. Notably, the stock rebounded from the trendline support, previously a resistance in the prior trend.
WIPRO-MULTIYEAR BREAKOUTMy outlook on #Wipro
CMP AT 462
Breakout from resistance level
Good volume rise
Monthly resistance also get broken
Good fundamental stock
Target 520|615|720
Good for #investing
High potential stock
#BreakoutStock #wipro
Note: Not a stock recommendation. Educational purpose only
Wipro looks Attractive, Institutional buying, Bullish IT SectorWipro looks very attractive..
Fundamentals : Strong, Consistent growth on Sales, Profits and EPS. High Reserves vs Low debt. Promotor + FIIs + DIIs holding increased.
Technicals : Technical strong reversal indication with increasing weekly volumes..
R 1: 530
R 2: 610
R 3: 720!
S : 350
WIPRO READYY FOR RALYY!!!!
Wipro Is Facing In Monthly Chart Exactly At The Black Line Which Is Around (413-414) Rs Wipro Needs To Cross This Price Before It May Go Further So Keepur Eyes On Breaking Of This Price Point.
(THIS IS JUST AN ANALYSIS DONOT TAKE IT AS AN ADVICE FOR BUY OR SELL IM NOT SEBI REGISTERD ANALYST)
WIPRO - Ichimoku BreakoutStock Name - Wipro Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 466
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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Wipro - Where it's leading to? Trading #WIPRO #StocksInFocus #TradingView #trading #Marketuniverse
As we expected Wipro had given good rally from it's Bottom support., it may be starting to its second stop 530 Levels soon. Immediate support changed to 444-433 Levels.
Investors still can buy for Long time.
WIPRO BO [Weekly]Another Long Base BO of 60+ weeks. And that too in IT sectors. CNXIT is talk of twitter for now. IT names had to pop up.
As always, volumes -> Check, Price appreciation -> Check, Long base BO -> Check
Fundamentally, it hasn't been at its best, but has handled last few quarters well.
Let's see if the IT story is actually in a turnaround in these market conditions. Keeping in watchlist.