WIPRO multi time frames charts updated Weekly Chart Daily Chart 4 Hourly 60 Min In this educational case study, we delve into the chart analysis of Wipro using Elliott Wave Theory. Our analysis focuses on identifying potential wave patterns and understanding the current wave structure for educational purposes only. Overview: After a significant decline...
> Decent volume > Multi-year breakout > IT flavour of the market > Decent price action >>> About the company<<< > Wipro is one of the leading global IT, consulting and business process services company. > It is the fourth largest Indian player in the global IT services industry, in terms of revenue, after Tata Consultancy ...
📌WIPRO completed the bearish hormonic pattern and now its breaks the previous resistance after long duration,so will expect good moves in coming days also maintain the Stop loss at 348 at weekly candle closing basis (DYOR)
In a recent announcement of financial results for the quarter ending December 31, 2023, Wipro Limited showcased a robust performance, defying industry expectations and setting an optimistic tone for the IT services sector. The company reported several key highlights, indicating not only a resilient business model but also a strategic approach that positions it...
NSE:WIPRO has taken strong bounce from golden zone in monthly timeframe. We can see long term move above 443 & can buy more till 417 with SL 401 Major targets levels are highlighted in blue lines. Monthly Timeframe View:
IT stock are under proforma till yesterday now trend change they are leading market now time to participate in IT counters No recommendation for buy and sell
Wipro gave a breakout from the inverse head & shoulder pattern at 445 with a volume consolidation. Breakout is invalid below 420
#WIPRO Wipro Ltd is breaking out of 567 days consolidation and this looks amazing too. Once weekly breakout is confirmed, this can move up nicely. Targets are dotted lines as plotted on charts.
Wipro is currently positioned near the 75-minute demand zone, serving as the lower time frame (LTF) for execution. Let's break down the analysis across different time frames for a comprehensive overview: Current Market Dynamics 📊: LTF (75 min): Trading close to the 75-minute demand zone, considered for execution. ITF (Daily): On the daily time frame, the...
There is sell side call in Wipro. Stock is trading below 50 EMA moving averages. Sell wipro for short term Target.
The stock is currently hovering close to its resistance zone, while a distinct demand zone is evident around the 400-level mark. Furthermore, there is confirmation from the trendline. For a prudent trading approach, it is advisable to refrain from entering a short position until two conditions are met: first, a clear breach of the Demand zone, and second, a...
Entry: 416 Target: 408 SL: 424 NOTE: This trade is only for Equity Swing buy and not to be considered for options trading. Please do follow Position Sizing and Risk Reward Ratio while planning any trades. Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any action. TO...
Wipro Cmp- 402 Protective Stop- 371 T1- 520 T2- Open, Review at T1 Expected Holding Period- 6-9 Months View- Swing/Investment
#wipro on daily timeframe is bullish..it will touch 640 INR soon.
hi every one wipor buy back 16 jun so ready for big move in CE call
Finally wipro broke weekly support And now trying to get new levels and swing
Observations:: ----->> It is near its resistance. previously a strong fall is observed here, a strong fall happens before day, but price is again showing bullish pressure, price may reach again 408, 413 zone, keep track this for continue or reversal. Keep on buyside for the target of 402,405.
#PERSISTENT.. ✅▶️ Intraday as well as swing trade All levels given in charts ... IF good potential seen then we work in options also if activate then possible a huge movement Keep eye on this ... We take trade only when it activates... Possible to give good target TRADING FACTS