Wipro Ltd swing trading Positional View short term( Daily Time Frame) and Medium long term( Weekly Time Frame Wipro Ltd is Currently in down trend and this idea is Pull back trade on daily & weekly time frame. This is a Risky trade with lower stop loss and with min 1:3 RR. Trade can be taken with strict stop loss at traders risk. Best Accumulation zone...
4th largest Indian player in the global IT services industry behind TCS, Infosys and HCL Technologies. Company is having sound fundamentals. Technically it is highly bearish. In short term, a pullback towards 500 odd levels is more likely for a possible bull trap. 530 level will act as strong resistance zone (highlighted in red). Expecting IT index to correct...
according to my analysis wipro can go up or down because on chart it making a bilateral pattern which is ascending triangle pattern, on monday we can expect a up or downside moment from Wipro
WIPRO Sell below 579 SL 616 on weekly closing basis Target:- 554, 527, 450 So, we have to initiate a bull put spread - April Expiry 580 Put buy along with 550 Put sell If 550 is not achieved in the April expiry then one can again take this trade for next month's expiry provided the trade should be in profit. (For example:-u can initiate 560 Put buy...
It should start up journey from tomorrow itself and if it breaks 500 levels then next it might see 490,450,400 levels as per my analysis. Rest Allah knows best
Wipro Can pull back now after triangle Retest Now Can Go upside For 1st target 543.0 and 2nd target 545 and 3rd target 547 and Stop Loss 536.60
Wipro i expect down fall coming week or month this share will come upto 450 short term and target of 690
if wipro sustain above 655 then buy for the targets of 666,684,725 very small risk and high reward this view is for educational purpose only @profit strategy contact no. 8956337959
Wipro reversing from important time zone. Good time to buy calls for FEB month. Target :- 720+ SL :- 600
Wipro came up after good TL breakout and with good volume. Expecting gap up tomorrow.
As per the 2H Chart of WIPRO, we're expecting a Bullish Momentum in the Stock, where from its Current Market Price of 638.40, the stock is being expected to initially face a resistance at the levels of 645.05, 652.25, and at around 658.75. In addition to this, the stock may face a support at the level of 633.55, on a closing basis. Disclaimer: No financial...
Wipro was in downtrend moving towards the previous demand zone. Demand zone gave a good support and now price is moving towards the break of structure (Downtrend -> Uptrend). If price manages to close above 667, look for a retracement and enter the market. Since the results are good, we can expect a good move in Wipro now.
for long swing traders its your time to make profit, NOTE : For Swing trading who can hold
Wipro is currently in touching it's bottom Trend line so it can go again bullish... Take your own risk this is not a buy or sell call
My analysis on WIPRO, at support trend line (formed from March 2021)
Hello Welcome to this analysis about WIPRO , we are looking at daily timeframe perspectives. WIPRO is developing here that will be a decisive factor in the upcoming times. I discovered the main formation WIPRO is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how WIPRO has emerged with...
I have used the trend analysis of the upward trend and felt like it would reach 620 or it can have a resistance at 560 which might get it into a consolidation stage. But its highly unlikely as they are releasing their Q3 results tomorrow which is why the stocks are continuously rising. As, its a software company and because of the pandemic software will keep...
Hello Trader I Found WIPRO in Bearish Mode as we see there it formed Ascending channel In 1 HRS Time Frame it will come to its Supports Trendline. Please do your own analysis before taking any action if you find my analysis is useful for you please follow me and like me. Thank You