Wipro breakoutWipro breaks consolidation of many months. Next target for Wipro is 550by wealths_wisdom1
IT Giant WIPRO : LONGINV H&S BO in Wipro ; SL 420 (Weekly basis) Tgt - 490 ; No Recommendation Longby AmitVasu3
It stockIT stock are under proforma till yesterday now trend change they are leading market now time to participate in IT counters No recommendation for buy and sell Longby investigationofchart3
WIPRO LONG Reverse Head & Shoulder pattern Wipro gave a breakout from the inverse head & shoulder pattern at 445 with a volume consolidation. Breakout is invalid below 420Longby shalinitomar6
#Wipro Ltd is breaking out of 567 days consolidation #WIPRO Wipro Ltd is breaking out of 567 days consolidation and this looks amazing too. Once weekly breakout is confirmed, this can move up nicely. Targets are dotted lines as plotted on charts. Longby BattleofStocks4
WIPRO...BuyWipro gave a clean breakout...HEAD AND SHOULDERS Pattern...Tgt calculated on breakout which is happening as I type...and posted on the chart...So buy and enjoy the profits by New year....Longby JUDEBOY5
Wipro This stock is getting ready for long run after long time of consolidation It's is showing the clear reverse head and shoulder pattern And wait for it's breakout and retestmentby adeebahmed199814
Wipro Trend based Fibo Extensions The chart show support between 375 - 352 with targets projected by the Trend based Fibo Extensions. We have 2 Fibo extensions here. 1. Starts from 159.80 to 739.85 and than placed at 352 for projections. 2. Starts from 352 to 443.75 and than placed at 375.05 for projections. The Fibo projections are clearly visible on the charts. With support at 352 the Fibo projections help us to estimate the probable important target levels that can be traded in coming year. Longby satyajbims0
Wipro A very Good Example of Uptrend Downtrend and Now SidewaysAfter running very long Uptrend and DownTrend Wipro is going sideways and consolidating. It has cleraly formed Support and Resistance Level. As Fundamentally wipro valuation is not very high. There are all chances that after consolidation its upward journey should start.by MOHIPAUL661
Navigating Wipro: A Strategic Analysis for Informed Trading Wipro is currently positioned near the 75-minute demand zone, serving as the lower time frame (LTF) for execution. Let's break down the analysis across different time frames for a comprehensive overview: Current Market Dynamics 📊: LTF (75 min): Trading close to the 75-minute demand zone, considered for execution. ITF (Daily): On the daily time frame, the trend is in an uptrend, with the price residing in the daily demand zone. Notably, the stock is approaching the EMA 20 on the daily time frame, indicating potential support. HTF (Weekly): Zooming out to the weekly chart, Wipro is positioned in a fair price area. Trade Plan on 75-Minute Time Frame ⏱️: Target and Stop-Loss: The upper box on the 75-minute chart provides details on entry, exit, target, and risk-to-reward ratio. 🚨 Risk Management Reminder: Ensure your risk-to-reward ratio aligns with your trading strategy and risk tolerance. 📝 Note: This analysis is for educational purposes only and not financial advice. Trade responsibly. Trade Smart, Trade Confidently! 💹✨Longby AfnanTAjuddin6
Wipro can Rise, investing in Wipro is an idea wise.Wipro Ltd. CMP – 400.20 Market Capitalization Rs 2,08,995.4Cr Red Flags: Declining annual net profit Green Flags: No debt Zero promoter pledge FIIs are increasing stake MFs are increasing stake Improving cash from operations annual Promoter holding increasing Previous Happy Candles Number – 71/100 New Happy Candles Number – 56/100 Fresh Entry/ averaging / compounding after closing above 404.5 Targets: 416 and 424 Long term target: 436 and 444 Stop loss: Closing below 375 The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Longby Happy_Candles_Investment8
Short Trade Idea: Wipro (WIT)The share price of Wipro (WIT) has declined by around 6.88% in the past month. This short trade idea focuses on selling the asset, based on the following strategy: 12-day exponential moving average (EMA) below 26-day EMA: This strategy seeks out assets where the 12-day EMA is below the 26-day EMA. This indicates a potential bearish trend and suggests that the price may continue to decline in the near term. Significant support levels: The asset should also have significant support levels that can serve as profit targets. These support levels act as price levels where buying interest is expected to outweigh selling pressure, potentially causing the price to bounce back. By selling the asset, traders can aim to profit from the expected downward movement in the share price. However, it's important to note that this strategy carries a somewhat high risk tolerance and is suitable for a short investment horizon. Please note that this trade idea is based on the provided facts and does not take into account any additional information or analysis. Traders should conduct their own research and analysis before making any investment decisions. Technical Outlook Technical Analysis: Wipro Approaching Key Support at $4.5 Wipro's stock (WIT) is currently approaching a key support level, just 10 cents away from 4.5. The stock's price action is crucial at this level, as dropping below it could indicate further losses ahead. On the other hand, a failure to break below 4.5 could be viewed positively by market bulls, potentially leading to a retracement. Yesterday, Wipro's stock formed a "Bearish Harami" chart pattern, signaling impending bearish sentiment. This, combined with the ongoing downtrend, suggests that the stock's downward movement is likely to continue. In the past 5 days, Wipro has appreciated by 1.32%. The stock is currently trading with a market cap of $23.99 billion. Yesterday, there were 960,788 shares traded, which is below the average of 1.73 million shares. Wipro's immediate support level is around 4.57, while its resistance level is at 4.62. These levels will be important to watch as the stock's price action unfolds. In comparison to other themed assets, Texas Instruments closed yesterday with a 1.82% drop, Apple saw a rise to 179.23 from 176.65, and Microsoft was up 1.06%. Overall, Wipro's stock is at a critical juncture, and its ability to hold above or break below the $4.5 support level will be key in determining its future direction.Shortby NomolosAIUpdated 2
WIPRO LOOKS GOOD FOR SWINGWIPRO looks good for swing, its sitting at a support trendline there it has made a bullish candle too. we can take a trade from cmp and we can aim till supply zone area as a target. leave a comment for this setup. I daily post breakout stocks analysis follow me for more. Thank you. Longby Alzubair15Updated 2211
WIPRO SHORTStock in sideways Spinning top on charts Result not good. Wipro adr fell -2% Price break 200 DEMA Disclaimer This is my personal view for education purpose only. No Buy sell recommendations Shortby Technicalcharts_13
Sell call in Wipro There is sell side call in Wipro. Stock is trading below 50 EMA moving averages. Sell wipro for short term Target.Shortby TraderQuotes4
WIPRO long idea 414can buy near 414 and keep sl on close below 394 . a decent risk reward ratio of trade works out, slow mover stock so tons of patience required, if works then even 10:1 reward isnt ruled out Longby himeshforex0
Getting ready for new Trend. There is an inverted head and shoulder pattern, which indicate that stock has created a bottom. And getting ready for a new trend. When this type of pattern forms in the bottom its a strong indication of stock reversal.Longby Bhargav_199120
Wipro setupBuy On level Support-410.50 Target1-458 Weekly ema 50 support strong base made Educational Purpose ideaLongby PRASHANTWADEKAR5
Wipro long setup Wipro can reverse from 380 important level Educational purposes only do your own research Longby PRASHANTWADEKARUpdated 7
WIPROThese are swing idea's which you can add your watchlist and analysis for yourself. Keep on radar. Potential upside stock! This content for only education purpose! I am not SEBI Register.Longby RahulAyar4
Wipro headed back up...Wipro completed its retracement and can bought for every dip......Targets are pointed out.....Keep risk management in mind and don't invest more than 10% of your capital in a single stock....Longby Roopesh803
WiproWipro CMP 435 Consolidation for our a year in this zone If we break out of 430/440 zone 600++ targets can be seen Buy above 445 SL 370 Targets 600++ Short Term/PositionalLongby wowoptiontrade13