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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