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WIPRO LTD.

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WIPRO trade ideas

Beauty of PatternsThis is an Educational post. *Trade Confirmations* :- Breakout in daily time frame has a lower chances to fail. :- A green candle has broken the trendline :- Huge volume near trendline that acted as amazing support. :- Good quarterly results. *When to Buy* :- Enter with half quantity after the trend line is broken. :- Add the rest of quantity when the price is near the support/trendline/retest region. :- This retesting region is a key level where many traders will start to buy resulting in a huge volume. *When to Sell* :- The gap between the 2 trendlines is calculated as the target zone. *Some more points* :- Triangle is not only the pattern out there. There are lots of patterns that are good too. :- I personally like triangle patterns. :- So, I'm posting the educational idea to let everyone know the power of patterns. :- Remember there are a lot of people who see the same chart. So many many might have done the same analysis. that results in everyone buying the stock which will raise the price Why I like the Trading View Community ? There are 1000s of stocks out there. Even a full time trader can't look at them all. That's where the community plays an important role. There are many curious and intelligent minds out there who post ideas based on charts that helps other people to look at the chart. So the 1000 companies or more can be easily scanned that saves a huge time. However don't copy the analysis. With the stock name, open the chart yourself and draw the patterns to find key levels to enter and exit Don't forget to plan the number of quantities that you'll take. Plan everything before entering the trade This is just my personal view on their community. That's it. Congrats if you have read everything. You really are a curious and patient person because a person could be judged by the amount of patience they have while reading. Follow me so that you'll get notified whenever I post some content. All the best!
NSE:WIPRO
by Omsai1238
3
WIPRO LONG INTRADAY 12 MAY,2021Dear trader, If u look at the chart of WIPRO (analysis based intraday only) the WIPRO Buy at 521 and Target at 532 Best Buy at 519. 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.
NSE:WIPROLong
by Tallastrading