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...
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.
#Wipro ltd is now at the support levels.
Now it may consolidated for some time, then make up side move for 449, 456 and 496.
First support level is 399.70 & Second support level is 381.10.
Note: This is my personal analysis, only for learning.
Buy above trend line (Which is resistance for now)
Safe trade can wait till 4 hours candle close above trend line
Stop loss 400 closing basis.
Target 1: 430
Target 2: 436
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...
Hey Everyone.
We had seen a breakout from couple of days ago in Wipro with high volume. Stock gives a small correction after the breakout which is a profit-booking and stock is still looking so strong. My view is long in Wipro and there are 2 buy levels for today's Intraday.
Intraday
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1st: Above 268
Sl: 265
Target: 271/274/279
Second: Buy...
