Get started
Wipro LimitedWipro LimitedWipro Limited

Wipro Limited

No trades
See on Supercharts
OverviewFinancialsNewsDocumentsIdeasDiscussionsTechnicalsForecastSeasonalsOptionsBondsETFs

WIPRO trade ideas

Wipro: Resilient Recovery Back Into the Ascending ChannelWipro has shown impressive strength recently, bouncing back into its well-established ascending channel on the daily chart. Here are the key observations: Channel Recovery: After briefly dipping below the channel on January 17, the stock quickly recovered and closed back within the channel the very next day, demonstrating strong buying interest at lower levels. Current Momentum: The stock is trading near the upper half of the channel, indicating bullish momentum. The breakout attempts suggest that buyers are dominating at current levels. Support and Resistance: The lower boundary of the channel around ₹290 acts as strong support. Immediate resistance is seen at ₹320, near the upper edge of the channel. A breakout above this level could lead to further gains. Indicators: The RSI is trending upwards and is currently above the neutral zone, supporting the bullish outlook. A sustained move above ₹320 could push the RSI into overbought territory, requiring cautious optimism.
NSE:WIPROLong
by WaveXplorer
Wipro Looking for SupportHello friends good evening, I have prepared a chart for one of my trades in Wipro which I am sharing with you all. So as we can see the Wipro ADR ( American Depository Receipt) listed in the American market is trading down by 4 to 5 percent. In such a situation we can expect that we may see a similar decline in the price of Wipro shares tomorrow or in the coming session. Therefore I have marked a demand zone on its weekly chart and hope that the price will get a bounce from this demand zone, which will be helpful for us to trade on the long side. Different traders follow different setups and indicators to understand support bounce, I would like to understand it only through price action on smaller time frames and will update accordingly. I hope you liked the idea if yes then please like and share it, thank you all. Best Regards- Amit.
NSE:WIPROLong
by AMIT-RAJAN
4
Aggressive Short call on WiproNSE:WIPRO Aggressive Short call on Wipro hovering near support zone if broken can give good swing, with MACD Showing Weakness, This is Purely Aggressive Trade and its Results are around the corner. Trade Setup: It can be a Good 1:1 RISK-REWARD Trade for Aggressive Swing Trader. Target(Take Profit): Around 262 to 265 Levels for Swing Trade. Stop-Loss: Around 309-313 or When Breaches 20 DSMA For Swing Trade. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT Below your views. Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback. Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:WIPROShort
by Karanshah137
2
Wipro LtdThe chart of Wipro Ltd. (NSE) displays a classic cup and handle pattern, signaling a bullish continuation with a potential breakout above the ₹400 resistance. The rounded "cup" indicates long-term accumulation, while the "handle" represents short-term consolidation. Currently trading near ₹305, aggressive traders can consider entering now with a stop-loss below ₹280, targeting ₹360–₹400 initially. Conservative traders should wait for a confirmed breakout above ₹400 with strong volume, aiming for ₹450–₹500, using a stop-loss below ₹380 post-breakout. Alternatively, a pullback to the ₹280–₹290 range offers a favorable entry for long-term positions, with a stop-loss below ₹270 and targets aligned with the pattern's breakout potential. Monitoring volume and RSI momentum will be key to validating the breakout.
NSE:WIPRO
by Simplecharttraders
Wipro Gearing Up for a Stage 2? Add to your WL.After the bonus issue, Wipro is setting up again -Forming a base right at a resistance level. -Narrow Range candles. -Dry Volume. -Stock is in an uptrend. -Could be a potential stage 2 Wait for the entry to trigger for a fresh entry. Wait for a confirmation of stage 2. Entry: Above 315 SL: 283 day closing basis. Risk- 9.7% Potential Reward: 18% RR: 1:1.9 A word of caution: The Quarterly earning releases are due on January 8. Watch the Price action near the T1 ( 371) for further addition to the existing position or for fresh entry. Lock some profit at T1.
NSE:WIPROLong
by sagartharayil
Wipro Support & Resistance Level for the day Wipro Limited is one of India's largest IT services companies and is actively traded on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). When analyzing Wipro’s support and resistance levels, we can apply technical analysis tools such as swing highs, swing lows, moving averages, Fibonacci retracement, and volume analysis. Support Levels: ₹375 - ₹380 (Recent Low / Support Zone): If Wipro has recently tested this level and bounced up, this would indicate strong support in the ₹375 - ₹380 range. A break below this zone could suggest further downside to the next support. ₹350 (Psychological Support): The ₹350 level is a round number and could act as a psychological support zone. If the price approaches ₹350 and finds buying interest, this would confirm its strength as a support level. ₹320 - ₹330 (Previous Low / Support Zone): If Wipro previously reversed direction around ₹320 to ₹330, this would be a key support zone. A break below this level would suggest significant weakness in the stock, potentially leading to a move towards lower levels. Resistance Levels: ₹420 - ₹430 (Recent Highs / Resistance Zone): If Wipro has faced resistance around ₹420 to ₹430 multiple times, this is a strong resistance zone. A break above this range could signal bullish continuation with the next resistance at higher levels. ₹450 (Key Resistance): ₹450 is a significant psychological resistance level. If Wipro has previously struggled to break above this level, it could act as strong resistance again. If Wipro breaks above this level with volume, it could signal further upside potential. ₹475 - ₹480 (Next Resistance Zone): If the stock has touched or approached ₹475 - ₹480 in the past and failed to move higher, this range could be the next resistance zone. A sustained breakout above this level could target ₹500 or higher. Key Areas to Watch: Break Above ₹430: A breakout above ₹430 would likely lead Wipro to test the next resistance levels at ₹450 and ₹475. Watch for volume confirmation to support the breakout. Break Below ₹375: A breakdown below ₹375 would suggest a possible shift to bearish momentum, and the stock could then test ₹350 or lower. If Wipro closes below ₹350, further downside could open up.
NSE:WIPROLong
by EmpireCrown
WIPRO - broken out of an Ascending Wedge patternASCENDING WEDGE PATTERN - wipro has broken out of ascending wedge pattern with gap-up opening indicating strong bullish momentum for the stock 100D MOVING AVERAGE - price has tested the 100D simple moving average several times and have gone upwards indicating strong potential for upward movement HIGHER HIGHS & HIGHER LOWS - price has formed multiple higher highs & higher lows indicating price is having bullish momentum TARGET PRICE - price will go till 317 level
NSE:WIPROLong
by peace_lover
5