wiproThis is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk Longby VJVJ930
WIPRO | Different scenarios | Trade Levels | 19-07-2021NSE:WIPRO Here are 5 different Scenarios for Wipro for 19-07-2021 Trade. These levels are for Intraday Trading. Scenario 1 A little gap up or gap down or flat opening. Entry levels and targets are mentioned in Chart. Scenario 2 A gap up opening but facing resistance. Entry levels and targets are mentioned in Chart. Scenario 3 A gap down opening but facing resistance and then support. Entry levels and targets are mentioned in Chart. Scenario 4 A gap down opening but from bottom great support. Entry levels and targets are mentioned in Chart. Scenario 5 A good gap up opening but facing resistance and then support. Entry levels and targets are mentioned in Chart. Key points to remember. : Wait for a 15min candle close on the mentioned level to take a trade. If you already took positional trade for short or long term then as per Fibonacci next target to watch is 615/616. All the best for trading in next week. Comment below if my Ideas are helping you to understand the levels. Also comment your suggestion or doubts. by Trading_hawk1
Less Trading Better Earning .. #WIPRO 500 days - 6 opportunitiesWipro gave six huge opportunities where simple consolidation patterns had formed and price have pulled back slightly. An entry upon the breakout and exit close to the high could have resulted in massive gains just trading one stock 6 times. This is proof that trading more stocks is not key to making more money. Do not trade just to trade out of habit because that will sooner or later cause you grief and losses. Invest in good opportunities, trade with patience and with proper risk reward setup. “If most traders would learn to sit on their hands 50 percent of the time, they would make a lot more money.” - Bill Lipschutz Educationby MunchkunsterUpdated 6611
WIPRO- RSI DiversionWipro Rose from 164 to 577 ( almost 4 times) wipro witnessed RSI diversion will it be End of Bull Rally of Wipro Lets see in few days Time will tell all of this Shortby samadhanhshrir77906221
Late night Technical analysis talk 👑 Terms used if you don't know : ✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and converging to a fixed point, these highs and lows created in between them are bulls vs bears fight going on inside the pattern and if it comes to the lower part of it, surely bulls will take it to the topmost point and vice-versa until one of them wins ✣ Structure and trend: Two types of trends that exist in the market today are uptrends and downtrends. Each type of trend tells a different story and has its own impact on a trader's success in the market. While uptrends show a series of higher highs and higher lows, downtrends show lower highs and lower lows ✣Breakout: Breakouts are commonly associated with ranges or other chart patterns, including triangles( HERE WE WILL SEE THIS ONE ), flags, wedges , and head-and-shoulders. These patterns are formed when the price moves in a specific way which results in well-defined support and/or resistance levels. Traders then watch these levels for breakouts ✣ RSI DIVERGENCE: A bullish divergence occurs when the RSI creates an oversold reading followed by a higher low that matches correspondingly lower lows in the price. This indicates rising bullish momentum, and a break above oversold territory could be used to trigger a new long position. ✣ Supply/ Demand: In the supply zone , the prices are higher than the bid price, and in the demand zone , they are lower. The bid price is what a trader is willing to pay for a stock 👑 Important levels - explained well 👑 Comment your thoughts and queries regarding anything on this analysis of mine, feel free buddy :) ⌛ Motivational and psychological area ⌛ ✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade, trade with a happy and + mindset only. ✣If you want to make money, firstly be prepared to lose it, only that much which you can afford and that much by which you can make a mistake again, learn from them and grow ✣Don't lose hope and keep grinding ✣I have seen my friends on youtube streaming games with watching 10, constantly they streamed for a year or two and now they are buzzing with 1k to 2k watching daily. ✣Focus on the process, you are here to make money not stupid decisions and lose it all ✣No one will help you climb the mountain, few will tell the path, so follow good people, make good mentors and make good decisions and choices in the stock market. ✣Believe in yourself :) 🎓🎓 Some info about me :) ➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all. ➼I hope you will love my simple analysis style. ➼Feel free to suggest your view on this as learning is earning here :) ➼I take my trades on my Zerodha account :) ➼I don't take all the trades I post ➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.Long11:28by Averoy_Apoorv_Analysis141442
Wipro ... The BulldozerSo I have been observing that every stock will have its own story. Thats so true.. Every stock has its own method to madness. Why I call Wipro a bulldozer is when wipro runs - its kills every Bear in its way. Whats the hardest part for retail investor - Trailing the Call. I am assuming most people here make money through buying an option, which I firmly believe, is the best way to make money in a trending market. In Sideways market - do nothing ! ( For Option buyers) Back on Wipro - Initially I started scanning Wipro for patterns, I found nothing.. really nothing.. But after days of watching the chart on various time frames, this pattern came in. The Topi Top pattern. So you will see three line Red, Yellow and Green. Post Pandemic, Wipro has been following this channel. The pattern is After making a top of the Topi, it will go sideways to form a large triangle and then next BO till Red line. Topi mean a Cap. More of a pointy one here. All you have to do is wait. Wait for the triangle to finish and then post a credible BO wait... Usually this happen close to results... Most important learning - Trailing. Most Retail investor quit after making 2 rupees say bought at 4 and quit at 6. While any profit is good profit, when Wipro runs in this formation, Just hold on to your call. I bought a call yesterday at 4 and today is at 18.. 1600 shares, just do the math. I too exited in 2 Rs Profit. Anyway, Hedge your trades and keep making profit. As mister Velez say - Minimize your losses - Your Profits will follow ! *This is for learning and education purpose only, please consult your Market specialist before trading ! by DoublebassmaniawithPranav333
positional call buy wipro 560 above tgt 600/620 wipro very good move today but wipro showing strong Resistance back to back create new high all the indics showing 600 minimum tgt 2-4 week .Longby technicalSP0
Wipro All the Target hit in just one session today 14-07-2021NSE:WIPRO Hope you have made good profit. All the Target hit in just one session today 14-07-2021 Avoid Intraday Trading tomorrow in Wipro. If you are holding delivery of Wipro in cash market, then you can carry it. Trail your SL at 550. Longby Trading_hawk221
Wipro trade setupSetup details Entry Price - 521-525 Target 551-555 SL- 506Longby anuragtrivedi0302Updated 1
WIPRO ANALYSISBUY AT 535 WITH STOP LOSS 520 FOR SHORT TERM TARGET 560 AND LONG TERM TARGET 630/650Longby jayrathod192Updated 3
Wipro Can give trade on both the sides. Green Lines = support. Consider it as your Target if you short/sell it after the mentioned level. Red lines = resistance. Co NSE:WIPRO nsider it as your Target if you go long/buy it after the mentioned level.by Trading_hawkUpdated 0
Wipro - buy Buy from cmp to 521 easy taregt 532 tg2 - 544 Disclaimer : This is my personal analysis for study purpose not intended for tradingLongby ShreeGanesh_1991Updated 3
WIPRO: A Bullish Trend" TECHNICAL ANALYSIS OF NSE:WIPRO The LAST CLOSE PRICE of NSE:WIPRO is 547.5 . The PARABOLIC SAR is showing the BUY SIGNAL with TREND as UPTREND . The FIBONACCI LEVELS analysis shows that the CLOSEST FIBONACCI LEVELS is 0 at the FIBONACCI STOCK PRICE LEVEL of 547.5. From here, the Key Support and Resistance levels are SUPPORT 1 at 524.76, SUPPORT 2 at 500.49 with RESISTANCE 1 and RESISTANCE 2 at 564.05 and 581.9 respectively. The Key 50% FIBONACCI LEVEL stands at 535.23 which is the crucial Fibonacci Level determining whether the scrip will maintain the trend or not. The STOC RSI has the values K and D as 11.73 and 14.93 respectively. At this level it the status is OVER SOLD. When we look at the Moving Averages, MACD is the crucial indicator to look into. With MACD VALUE at 9.06 and SIGNAL at 12.26 along with HISTOGRAM showing values of -3.21, the STATUS is clearly DOWNWARDS. The best indicator to determine the Trend Reversal is FISHER TRANSFORM and currently the values of FISHER and TRIGGER stand at -0.32 and -0.1 with SIGNAL as TREND CHANGED TO BUY. A very important factor while making the investment is to see if there has been already too much of Buying or Selling, and that are we entering too late into the transaction or not. Thus, with WILLIAM's R% value at -0.5729 the STATUS is WITHIN OVER BOUGHT AND OVER SOLD RANGE. No one wants to buy costly things, and thus always look for the bargain or appropriate price levels to buy things. Same applies to Stocks, however the only exception would be some Hot Stocks that one wants to have any price. Looking at this perspective, the P/E RATIO of the stock stands at 28.55 which signifies its Price Level to be OK. >>> RECOMMENDATION is : BUY ." Disclaimer: The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.by finogentUpdated 0
Strong trndline act as resistance Three line I mentioned which is another another level support and the last support is a major support for this Wipro Shortby noohunaasif0
wipro swing tradewipro forming a cup pattern in 1 hr time frame , neckline is broken it may retest or form handle too wait for it to break days low then enterShortby ajeetv4221
WIPRO_UPSIDE MOVE CAN CONTINUE WIPRO can continue its' major uptrend. One can go long If it breaks the trendline with good volume. (for educational purpose only)Longby yourtradebuddy112