WIPRO trade ideas
WIPROI'm not an expert I'm just sharing my views on WIPRO for next trading day
I'm not responsible for any profit or loss this is not a recommendation.
WIPRO - Darvas Box Breakout & Retesting - short term swingThis analysis is purely based on price action and Chart Patterns.
Through this analysis, a special strategy of how to trade DARVAS BOX is explained.
For similar case, one can refer the 15 minute chart of HEROMOTOCO from 03-Nov to 11-Nov. Similar Darvas Box breakout worked there.
The analysis is on 30min TF hence target can be achieved in intraday trade or in couple of days
Trade strategy is explained in image itself. Don't chase the price.
Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
Trade at your own risk and money management. Do your own study before taking any trade
Feel free to comment for any queries & suggestion
Wipro Wipro is consolidating from 15 Oct, can wait for either of mentioned levels (green line) to break to take entry
Simple triangle patternThe price moved high the gap down-filled and made a simple triangle pattern, which may result in a breakout. long side
WIPRO - Elliott wave analysis WIPRO - It has completed impulse up wave from major bottom. So expecting correction down. It is in X wave up, once it gets finished, sell for Y down.
Give thumbs up if you really like the trade idea.
Target archivedThe target given near 335 was 385.
Target almost archive
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#WIPRO - Buying Opportunity !!#Wipro
Symmetric pattern ..
either or breakout move expected any time..
Upside move until 351..
Wipro good short candidateWipro elliot wave counts,,
Counter is verge to complete its impulse phase,, and soon corrective phase might unfold.
Once corrective wave unfolds we can see sharp correction till levels 346-322--289 levels,,
Wipro - Intraday / Swing Trade Setup Wipro – 359.45
Looking bearish and one can go for Intraday / Swing trade with the following entry, exit & targets
Sell range 363 - 355 / Stop Loss 370
Target 1 - 350
Target 2 - 345
Target 3 – 340 / 335
Short Term - 325 - 315
Note: This is my view and for educational purpose only
