WIPRO WITH A FRESH START!!nifty it is now started showing a bull trend. i had even previously posted about tcs and nifty it, where i could a lot of cheers.
one can take target @426
target 1- @450(for very short term)
target 2- @526(for swing trade)
one can go for lonf term by currently buy at this point, since 400 is the the bottom(and accordingly to my analysis it cannot go down any other further).
Wiprolong
WIPRO 1W TFWipro reversing from a very important fib level on monthly TF.
One can go long in this for upcoming months, it is going to give great returns in the coming months.
SL :- 380
Target :- 700+
Trade safe. Manage risk. Be profitable.
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Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
Wipro Ltd swing trade Positional View short term & medium term 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 between 466 to 480 for Daily Time frame
stop loss @ below 465 on daily time
1st Target @ 526 on daily time frame
Best Accumulation zone between 441 to 466 for Daily Time frame
stop loss @ 440 on weekly time frame
1st Target @ 546 on Weekly time frame
2nd Target @ 576 on daily time frame
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
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EXPECTATION OF A BULLISH MOMENTUM IN WIPROAs 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 information whatsoever published here, should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for Educational and Information purposes only and under no circumstances should be used for making investment decisions. Viewers must consult their personal financial advisor before making any actual investment decisions, based on information published here. Any Investor or Trader taking decisions based on any information published here, does so entirely at its own risk. Investors and Traders should bear in mind that any investment in Stock Market is subject to unpredictable market-related risks.
WIPRO - WATCHOUTWipro 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.
WIPRO ::: LONGDATE: 29 JUL 2020.
INSTRUMENT: WIPRO
END OF DAY TREND: BULLISH
END OF WEEK TREND: BULLISH
INDICATORS:
PSAR: BULLISH
STOCHASTICS: BULLISH
PRICE ACTION:
CMP: 275.45
END OF DAY :::
BUY ABOVE: 275.48
SL: 274
TGT S: 277 / 278
END OF WEEK :::
BUY ABOVE: 277.64
SL: 275.42
TGT S: 283 / 286
RISK DISCLOSURE :
Technical analysis of FOREX and INDIAN MARKETS. We are not SEBI REGISTERED ANALYSTS The views expressed here are for our record purposes only. Please consult your personal financial advisor before investing. We are in no way responsible for your profits/losses what so ever.
Wipro Intraday & Swing Trade Idea for 24th July 2020Hey 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
=================
1st: Above 268
Sl: 265
Target: 271/274/279
Second: Buy from the bottom if stock come to test their support @261
SL: 259
Target: 264/268/271
Swing Trade idea
================
Buy from: 261-268
SL: 255
Target: 280/295/315
Note: Writers can write 260 PE for July month for a sure shot profit