WiproWipro formed a parallel channel.Buy if upper resistance line breakout, sell if lower support line breakout. Wait for 5m confirmation candle.by SOORAJKOLLAM3
Amazing breakout on Weekly Timeframe - WIPROCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!! #No complicated chart patterns #No big big indicators #No Excel sheet or number magics TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE. Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run. Do your own research and analysis before investing your hard earned money. Happy trading 4ever folks!Longby Yoyohoneysingh937
WIPRO LOOKiNG TO BREAK ATH WITH FORCEThe Stocks has been consolidating near ATH since last 5 months.. Faced rejection last time but showing HH. Last week candle... extremely Bullish supported by IT Index. Previous resistance acting as support. Outperforming the broader market sentiment. Min 15% upside potential once ATH broken.Longby Stealth_Investor30Updated 2211
Good place to book profitsWipro CMP 567 Elliott- the first fall has 5 waves hence this rally is an opportunity to sell. Trendline - break of the trendline will be a confirmation. Hence once can wait for shorts here till it breaks and then given a rally. RSI - we have -ve divergence too at this zone. FIB- the rally has halted at 61.8%. Which is also the start of the 3rd wave of C. To me this is a very high probability reversal zone. Conclusion - traders and investors should take profit off the table.Shortby singh17vivek226
Cup and handle breakout in wiproWipro showing bullishness in bear market Resistance R1 582 Resistance R2 615 Support S1 542 Support S2 520 Target 650,700,750 This is for only educational purposes. * We are not SEBI REGISTERED ADVISOR *Trade with your own risk to reward. *Consult you financial advisor before taking any trades Longby leafter10
Wipro cup and handle break out 3rd time Retesting the breakout line so, there is some possibility for cup and handle breakout. Don't take it as a trade advice but, consider as just an idea.Longby johnjen20889
Wipro – Trading near Cup and Handle breakout zone on weekly timeGiven the recent volatility in the Indian market, the IT sector is among those sectors that looks strong and is holding. Among the stocks to watch is Wipro. On a weekly timeframe, the stock is currently above the 30 weekly moving average which is a positive sign. It has also formed a Cup & Handle base with the price trading near the pivot area. One can keep an eye on Wipro with strict risk management given the overall market scenario. As per the weekly chart here are the key levels: Ideal buy zone: 560 – 580 Initial target: 670 – 700 Stop loss: 5-8% as per one’s risk management Note: Not a buy/sell recommendation. Please consult your financial advisor Longby TheUnlearningOne1
Wipro a good low risk setup.If IT were to join the potential group of sectors (Banks, Metals and Fin), which could lead the market further. Then Wipro can be a nice addition. Caution is still required. Market might rally for 2-3 days in FOMO. But still many sectors and stocks are structurally weak. ✅Trading above Key DMA ✅Breakout from consolidation. ✅IT sector showing early signs of reversal. ❗️IT sector is below 50 DMA. ❗️Many sectors are still below 50 DMA. ❗️Risk of market taking resistance at 50 DMA and continuing downtrend. Entry/Exit mentioned in the chart. Please study and consult your financial advisor before investing. Charts are shared only for educational purposes. Longby sagartharayil0
Wipro monthly chart Wipro monthly making cup and handle after breakout it can boom Longby Gulia1104410
“Strong momentum, potential upside in Wipro”After a long period, we have observed a significant breakout in this stock, showing strong potential for a successful trade. The trading volume has also seen a substantial increase, and the RSI (Relative Strength Index) is above the 60 level, indicating solid momentum. Given these factors, this stock has a high probability of becoming a momentum play. Our initial target price is ₹620, with a secondary target at ₹730. The Indian market recently faced a downturn due to the U.S. elections. However, under these conditions, the IT sector has maintained positive momentum, suggesting it may continue to perform well.Longby Started_profitable10
Wipro - Ascending Triangle breakoutWipro : Breaking out resistance Ascending Triangle breakout Looks good above 568, may reach new highsLongby roshansai1
"Wipro’s Ascent: Ready for Takeoff ?"WIPRO buy above 581 Tgt 641, 719, 814,945 SL 520 Wipro seems to be comfortably resting at 581, but there's an energy in the air suggesting it’s gearing up for a serious ascent. With potential targets at 641, 719,814, 945 and maybe even an ambitious leap to 672, this stock looks like it’s ready for liftoff! 📈 It's as if Wipro suddenly decided, "Why linger in the 500s when I could aim for new milestones at 610 or even 652?" It’s eyeing those higher levels with the drive of an eagle that just had a double shot of espresso! ☕🦅 For those who trust in the mix of positive momentum and solid chart signals, keep your eyes open—672 could be closer than it seems. Sure, the climb might be challenging, but if Wipro's this determined, who are we to doubt? Just remember to set those stop losses and have a backup plan ready, in case the eagle opts for a side glide. 🪂 Here’s to Wipro’s journey upward! Let’s see if it reaches new heights or enjoys a pause at 581. Either way, it's bound to be an exciting ride! 🚀 "Trade smart and always respect risk." Happy trading!Longby biplab862225
Wipro: Ready for Liftoff or Just Stretching Its Wings?🚀 Wipro: Ready for Liftoff or Just Stretching Its Wings? 🦅 #wipro Wipro is currently chilling at 555-557, but it’s got that look in its eye like it’s ready to spread its wings and soar to new heights. With 581, 610, 652, and even a moonshot to 672 on the horizon, this stock is acting like it’s seen the flight schedule and wants a one-way ticket up! 📈 It’s like Wipro woke up and said, “Why hang around in the 500s when I can join the cool kids at 610 and 652?” It’s aiming for those higher altitudes like an eagle with a fresh cup of coffee — and maybe a little too much enthusiasm! ☕🦅 For those who believe in the power of positive thinking (and some healthy chart reading), keep your binoculars ready — 672 could just be a glimpse away. Sure, the climb might be steep, but if WIPRO, feeling this motivated, who are we to hold it back? Just make sure you’ve got your stop losses and parachutes handy, in case this eagle decides to take a detour. 🪂 So, here’s to Wipro’s climb! Let’s see if it reaches for the stars or just enjoys the view at 581 for a bit. Either way, it’s going to be a fun ride! 🚀 Wish You Happy & safe trading "Always Respect Risk" Happy Trading Jai Hind Jai BharatLongby DhirajSinghBais20
VIEW ON WIPROGood chart structure If stock closes above 560 on weekly basis then more up move is possible Target 600/640 Stop loss 515 I am just representing my views For educational purpose only.Longby dakshb383912
Breakout Soon: Wipro "Wipro is showing strength after a solid Q2 performance, beating expectations! 🚀 Large deal booking is the highest in 10 quarters, and EBIT margin has expanded for the third consecutive quarter. The stock is up 4% today, and with this momentum, there's potential for further upside! Stock is forming a triple top pattern, and once this key resistance breaks, it could present a strong buying opportunity! 📈 Keep an eye on it for a possible swing trade opportunity. #Wipro #StocksToWatch #SwingTrade"by TechnoTrader102
Wipro - Resistance breakoutWipro : Breaking out resistance Sustaining 560 levels might take this to new highsby roshansai8
WIPRO added to watchlist for technical and fundamental trackingHello traders , here is the full multi time frame analysis for this stock , let me know in the comment section below if you have any questions , the position will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. 🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair . 💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.Longby okako_trading5
Wipro is making Cup and Handle pattern at 525 Rs Target 700Wipro is making cup and handle pattern tat 525 Rs so chances are it will move to 700 Rs. Warning - Chart is for educational purpose onlyLongby alokranjann7
Wipro looks strong at this positionWipro has been in range from quit long time now. now its ready for a big rally from here. CMP 539 looks great for fresh entry. Stoploss i will consider 530. if it hits stoploss it will loose the momentum again. RR is amazing not less then 1:4. Entire IT sector looks very strong.Longby iampatilkishor0
(WIPRO) Support & Resistance For Wipro Limited (WIPRO), here are the current support and resistance levels based on recent market data: Support Levels: First Support (S1): ₹532.15 Second Support (S2): ₹533.87 Resistance Levels: First Resistance (R1): ₹550.35 Second Resistance (R2): ₹558.90Longby EmpireCrown2
WIPRO is ready for Launch...After Chandrayaan 3 and Aditya L1 :) Golden Cross on Daily TimeFrame Consolidation seen for few weeks Strong Close Has tested the same resistance levels multiple times Entry and Target Levels marked on the charts Lets watch whether WIPRO launches to the BANK with this breakout..... Enjoy and as always do not trade unless you have money to lose and patience to wait !!!Longby FourSTechnicalAnalysisUpdated 4
WIPRO long term analysisWipro currently took support at strong support of 529 levels . and forming small pattern , can buy now or wait for retracement.Longby DragonFly-Trading6
Wipro Ltd. Support & Resistance levels Wipro Ltd. (WIPRO) on a daily (1-day) timeframe, here are the current support and resistance levels: Support Levels: ₹532.15 and ₹538.871 Resistance Levels: ₹550.35 and ₹553.57Longby SkyTradingZone1