Wipro at 635rs... target...?? Wipro has entered zone of 630plus where the target has increased to 760plus.. its 20% upside... every dip must be used for accumulation...
WIPRO trade ideas
WIPRO LONG INTRADAY 26 AUG,2021Dear trader,
If u look at the chart of WIPRO (analysis based intraday only) the WIPRO Buy at 632 and Target at 644
Best Buy at 630
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
WIPRO as on 24.08.2021A FALLING WEDGE PATTERN BEING FORMED IN 15 MIN CHART!!
A PARLLEL PATTERN BEING FORMED IN 1 DAY CHART!!
A good call for intraday if candle breaks up then will retest and move to its resistance level that is off 644!!
And if candle retest then can come up to its support level which was generated with gap up opening that is off 630!!
Their will be the risky trade zone in between the pattern because of support!!
Wait for breakout in any direction for good call and do check volume and retesting value!!
(THE ABOVE ANALYSIS IS ONLY FOR STUDY PURPOSE DO NOT TAKE IT AS ANY BUY OR SELL CALL!!)
Support and resistance trading Wipro was bouncing between a strong support and resistance. After the breakout bought at the pull back .
Huge moment after the pull back .
Wipro target 920...Wipro likely to reach 920... now at 635rs.... jus had breakout... so sure will reach 920
wipro bullish long termlong term invest ment bullish.
it is in channel until it touches the top trend line it is bullish.. for august after that it will be in correction.. and then again up movement
WIPRO SEEING A FLAG SHAPE ON 15 MINUTE CHART AFTER CORRECTION ON WIPRO IT MAKES A FLAG SHAPE ON 15 MINUTE CHART AS WE SEE ON THIS CHART IT MAKE HIGH OR RESISTANCE LEVEL AT 590 AND MAKE ALL TIME HIGH AT 601 WITH LOW 583 . SO, WE CAN TAKE AN OPPORTUINTY TO MAKE POSITION ON WIPRO ABOVE 590 WITH A STOP LOSS 580 FOR THE TGT OF 600 IMMEDIATELY .
Wipro trendline break and support betCan go long on wipro once it crosses its day's high. simple price action
WIPRO | PositionalWipro has been on a bull run since the last two months, however the stock is now retracing for the last couple of weeks. The stock is now at a 50 MA position and it seems to be respecting the 50 MA for a long time. The RSI is in the oversold zone and MACD has started fading its negative momentum. The stock is taking support at 23% retracement.
Expecting the continuation of bull run in the coming days.
Idea - Positional
CMP- 526
Target - Next 50 MA crossover
SL - 513
Sharing for educational purpose only.
trade idea No 1. WIPROwipro probable end of correction.
horizantal line is support.
first vertical line day of buying.
second vertical line minimum holding period once above 543 or time stop if doesnt manage above 543.
Might reach till 620 to 670 by trend analysis 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 growing as people have realized the importance of it.
All analysis done by me are just ideas which cannot guarantee you results and these are just ideas.
Please do not completely rely on my analysis and I suggest you to do your own analysis for better results.
Thank you !
WIPRO watch out and go looooooooongAlas !!!!!!!!!!!!! Third tech stock similar to TECHM and HCLTCH analysis. It appears that tech stock following specific trend!
Wipro completed Elliott corrective wave and begin new cycle of Impulse wave! Got good support at Fibonacci retracement level of 0.236 (410 ) .
watch out for breakout above triangle line.
If price moves above triangle, I will update T1 and T2.
If you are long time investor, cash out after 5 months (approximate time for completing New impulsive wave ).
Wipro may ConsolidateThere are chances for a bearish consolidation till mid August. A bounce back can be expected from 520 range
WIPRO BEARISH SIGNALHello 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
