Get started

Wipro

Wipro is on Multi Year breakoutHello Friends, Wipro is on Multi year breakout. Pull back is happening. Buy on dips till 340, 320, sl below these levels. Previous high was close to 500, it is possible we might touch that again, break above 500 it will be new ATH, so follow the trend. WIPRO is basically good investor friendly share, as it is gives the Bonus regularly and stock splits as well. Be an investor in WIPRO for 20-30 years, 100000 rs invested in WIPRO in 1998 is multi crore investment now
NSE:WIPROLong
by maheswar81
Long Wipro for 4th FebAny open below 371 on Wipro should be used to enter with a stop Loss of 362 and a target of T1 - 374, T2 - 377.9 Disclaimer : All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. Any opinions, news, research, analyses, prices, or other information offered is provided as general market commentary, and does not constitute investment advice. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
NSE:WIPROLong
by thechama3
NIFTY - Test Of 8200 / 8000 Inevitable - 11/4/2016Happy New Year to all. New year has arrived with new opportunities. It is always good to start a new year with profitable note. Our short NIFTY and other selected stocks positions ( via puts of courses ) is well in green and now it looks like the test of solid support levels near 8200 / 8000 is inevitable in coming sessions. Many of the trades we have outlined here have performed the way sound technical analysis defines the chart geometry. Trading theme is, soggy IT sector, topped out auto and pharma sector, so-so oil sector and healthy but lack of momentum in FMCG sector. Here are some of the trades you can review based on such theme, ( Pls Check the Links ) Dr Reddy Cipla Glaxo Lupin Infosys TCS Wipro ONGC Dabur Grasim We have warned about sucker rallies in equities and have advised to be patient with a game plan. Armature investors ask wrong questions about what's going to happen and they tend to waste energy in trying to find when a particular security is going to reach 'where they believe it is heading towards'. Nobody can predict the exact timing and where the things are going to be. Only thing which matters is that what you are going to do when the stock reaches to the point you are interested in ! e.g. people ask, when XYZ stock will reach 100? Instead they should be thinking about what they will do when it reaches 100 or 50 or whatever level is defined as good support or resistance. Let's enjoy the relaxed last weekend of Diwali holidays and get ready for the next week to trade Forex, Commodities and Equities. We are ready with a game plan for the new year, are you?!
NSE:NIFTY
by BombayBulls
Wipro - Wilting Under Its Own Weight - 8/25/2016Following the footsteps of big bellwether Infosys, Wipro is exhibiting the recent malaise prevalent in IT industry. Milking the clients just by offering cheap labor model has its limitation. In the age of machine learning, human clients are learning that instead of paying huge sum to Indian IT companies, they can themselves run their IT operations in India ! Better late than never for clients ! For current slow global growth environment, Indian IT companies profitability has plateau. When clients can only keep the profitability only by cost cutting, it is going to be very tough environment for big Indian IT companies to get juicy contracts. Their profitability is going to reduce a lot in coming days. Only thing can keep them buoyant is the incessant supply of cheap labor. Technically speaking, we are looking for 400 - 440 for Wipro stock in coming days / weeks. Whether it comes to that support level is not sure but our advantage in trading Wipro is only within such parameters. From there we will trade it from long side, at least for short term and then will take it from there. Other IT related trades in Infosys and TCS are working as prescribed !
NSE:WIPROLong
by BombayBulls