WIT trade ideas
Long in WiproThis scrip is in an uptrend for a long period and it is very linear. One may consider to buy whenever the scrip is trading near to the trendline support. This scrip had been rejected by R3 and it is bouncing back from the R2 which is near to the support. One may consider to long this scrip with SL below the trendline. I guess it may continue its bullish momentum in coming months too. Lower volumes on declining price too confirms the buy signal.
WiproTaken good support at 10 EMA...go long for short term/medium term.
Stoploss - 654
Target - 690 (Previous all time high)
wipro takes a support levelIf this support level is taken & the price moves up with a positive candle, then there is a second target. I have used, Linear regression analysis & have changed candles into linear regression candles to delete shouting from the candles. Elliot waves have provided the foundation for the forecasting of the next leg of rising. However please keep a track of volumes. This is only for academic purpose & no suggestion for any buy, that is left exactly & only to the judgment of the trader/investor & his own study & investment horizon. Suggestions are welcome so that I too can enhance my knowledge more.
Tapan
Thanks
#BuyWatchList #WIPROCan be bought on a break above 656.70 if supported by volumes. Sales have grown by 20% in last quarter. Part of IT sector which is in an uptrend.
wipro longonly education purpose
Wipro shows good momentum. but there is chances some consolidation occur between 650-660. then after consolidation break it will goes further. what is your views, i am beginners and just put here to get some knowledge's
Wipro Buy or Sell ?Points to Observe
1. After channel breakout the upside rally should continue but if we observe the chart even good positive volume breakout turned into selling volume after breakout indicating Weakness in buying side.
2. At the same time we have to consider the Horizontal Resistance, At that resistance market is fighting which means the resistance will break and continue bull rally.
At this point We have to wait for either side breakout & we will enter into trade with good confirmation.
*Always Enter With good confirmation & Maintain proper Risk Reward.
******* Knowledge Purpose only ********
>> Visit My Ideas Page for Daily Stock Analysis & check my previous stock analysis how accurate they are for Swing and Intraday Trades<<
Wipro 1hr*For educational purpose only. This isn't a call. Do your own analysis.
Stock is trading in Ascending triangle, wait for price to come at support level and sustain on support.
Thanks!
WIPRO LOOKS GOOD Buy wipro 639-643 target 655 SL 627.. it break its previous high and we can easily see the upmove in wipro ..
wipro shorthead and shoulder pattern formation in wipro and it has rejected from good left shoulder resistance point . short call is good option for wipro in upcoming week
Price Exploration and Discovery..Hello..
I'm an expert in forex market ..
I'm sharing what's exactly happening In the market ..
Market support and resistance .. After the valuation of USD ..
WIPRO HOURLY CHART SETUP✨hello traders
pls do your own research also
ask any doubt in the comments sections
pls watch the full video for full details _/\_
This is my 5 min and 15 min chart analysis on wipro wipro is makin flag pattern in 5 and 15 min chart also i mark some support and resistance on 5 min chart
wipro elliot wave if this react as valid elliot wave then we can see a proper corrective wave an a pullback.
do share your views.
Wipro - Trend Analysis and Important CalloutsWipro has entered long term upward parallel channel after existing a downward trend.
Key information:
55D Nifty price change: -4.02%
55D Nifty 500 price change: -1.88%
55D Nifty IT price change: 1.20%
55D Stock price change: 9%
Stock is beating Nifty50, Nifty500 and Industry benchmark and developing good setup. Entry at highlighted entry points can be good for swing trade.
WiproWipro
MACD Daily chart buy Signal
RSI - 72 hence we would be able to see a slight Fall - Do buy on Dips :)
1st target -628
2nd Target - 636
buy on dips - 593 - 610 levels if u get it
WIPRO LTD.NSE:WIPRO
WIPRO LTD.
DATE - AUG 15, 2021.
3rd INFORMATION TECHNOLOGY(IT) HEAVYWEIGHT OF INDIAN STOCK MARKET.
TECHNICAL ANALYSIS.
1. Stock making continuous NEW HIGH.
2. Stock create a STRONG SUPPORT NEAR 600.
3. ALLIGATOR gives buy signal.
4. SUPERTREND gives buy signal.
5. HIGH DELIVERED & TRADED Qty.
6. Stock traded ABOVE MA 21/50/100/200/250/300.
FUNDAMENTAL ANALYSIS.
SECTOR: IT - Software
1. MARKET CAP - ₹ 3,37,248.63 Cr.
2. P/E - 34.87
3. P/B - 7.22
4. ROE - 22.06%
5. ROCE - 25.52%
6. EPS - 17.65
7. DEBT - ₹ 5,815.20 Cr.
8. CASH - ₹ 9,783.20 Cr.
9. Very high Promoter Holding - 73.02%
DISCLAIMER - All analysis are for educational purpose. it is not a trading or investment advise.
#education #markets #equities #stockmarket #technicalanalysis #stocks #investment #trading #india #finance #tourism #fundamentalanalysis #nse #bse #supertrend #alligator #education #wipro #IT
Wipro Buying PressureWipro flag breakout seems in daily time
in with fresh new high leads bullish may continue
Wipro - Breakout stock🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
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