WIPRO trade ideas
Wipro- Short Term Swing - Perfect LongWipro is in the perfect place for a swing long.
Buy 202 -207
Sl: 195
Target: 215/225/245
Time: 2-4 weeks
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.
R-0089 Short Term Cash Buy WIPRO @269.40-270.4 SL 264.4 TGT 281Short Term Cash Buy WIPRO @269.40-270.4 SL 264.4 TGT 281
TK cross over + cloud break out + MACD cross over
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
WIPRO BREAKS THE RESISTANCE OF LAST 11 MONTHSstock breaks the resistance of last 11 months strong buyers are also there higher chance of the share to go further
Wipro soon touch 300+today IT sector gives new momentum, every big IT company either wipro, Infosys, TCS etc trading near by 52wk high. As per Chart Analysis, Before go for long , stock must be trade between 270+ above after than big rally soon gives rise target to 300+
WIPRO_POTENTIAL CANDIDATE FOR LONGcurrently stock is trading at weekly resistance zone..
however we are expecting stock to be bullish if it respects trend line
confirmed BO is required before taking entry +ve side entry
view invalid if stock closes below 221
Wipro: Good Above 222 SL 216 (Closing Basis) Tgt 230+Wipro: Good Above 222 SL 216 (Closing Basis) Tgt 230+
Wipro go for shortIn 1 hr time frame , gravestone doji formed near resistance, which implies trend reversed to downside
target will be 218 and 211
you had me at E.ON :)Technically looking killer just needed the pinch of salt of FA which i guess is the multi year deal with German Energy giant E.On.
Cloud based hosting and AI is going to be at the forefront i feel so why not get a bag ...
At present sitting at 225.45 barley popping its head over support so perfect invalidation and 1% stop loss with big position size.
Keep a loose Stop loss if you're in it for a long term relationship which some times is a good thing if you find the right one !
Decent company , Cash Flow sorted via germany ,technically golden cross and macd cross over .
214 is lower support which i doubt we will reach but keep in mind on open on Monday.
please refer to earlier HTF chart for key levels
243 267 323 targets .... though 256 is where it gets busy so maybe hop off for a bit .
243-267-323 Operation take down commencethis is either gonna blast off right here or form a bull flag and blast off on the 30th .
Lower time frame next..
WIPROLOOKING TO BUY AFTER COLSE ABOVE RESISTANCE OF 230 FOR TGT 1
VIEWS AND SUGGESTIONS INVITED NSE:WIPRO
Trend line formed in wiproTrend line formed in wipro, heading towards the target 227 which acts as resistance level
Also we have fib level 0.5 a 227.
No trend reversal formed in lower time frame
