Buying wipro Future and holding with trailing SL until T3
Heavy Convergence observed in Wipro additionally It's taking support from Fib level 0.618 and we can see a kind of cup and handle pattern in 2 hour candle too many bullish signals. Taking a long position and holding for sometime
#WIPRO trading 476 formed bullish pattern, Today trading our retracement level, we can buy above 478 and tgt 485 SL: LIVE
#WIPRO trading 566.75 formed bullish pattern, Today trading our retracement level, we can buy above 568.5 and tgt for 573 follow SL 562
Question on Wipro Futures Stock has down and out for quite sometime with sustained selling. Its now approaching an important support of 531-524 zones. Keep an eye on this level, Risk takers can look to go long near this zone.
this is trail of my new stretegy for stocks which results are coming please dont trade . as wipro result is coming on 12 jan . if price come to our demand zone near result days then it will give a good bounce.hope for best .thanku
#WIPRO21SEPFUT buy - 657 TARGET 665,670,675 SL 653 ⬇️sell - 652 TARGET 648,644,640 SL 656
Clear breakout wait (safer wait for trend ling breakout)
Buy Wipro at 521 SL 508 TGT 550 RSI above 65 ADX is above 25 In 52 W high zone
Keep an eye on Wipro it seems to be moving good.Good fundamentals are pumping up the price with on right terms.
Wipro: We have seen strong Demand Imbalance causing good bull Run.. but "Shortening of Demand thrust" indicates a small Reversal or correction. Big correction is due as per Elliott analysis. Trade Facilitation to the upside is good, so far.. but it has to breakout from the current balance, if not - Look below and fail, or Look below and accelerate.. Hence...
Keep an eye on WIPRO, it is set to give good returns in no time.
Falling Channel Breakout seen at 430 spot . TGT - 470 , SL - 425
Wipro seems to have completed a W-X-Y correction at its recent lows. Note that X wave is a triangle which is clearly evident. The subsequent upmove can be charted out as an 1-2 with waves 3-4-5 still awaited A lot of the India IT stocks are headed up - see recent posts on Mindtree/TCS