Wipro long setup Wipro can reverse from 380
important level
Educational purposes only do your own research
WIPRO trade ideas
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.
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....
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/Positional
ROUNDING BOTTOM PATTERNVery Beautiful Accumulation pattern visible on Wipro chart.
Also rounding bottom pattern.
Buy @433 add Above 445
SL weekly close below 397
T1-445
T2-552
T3-608
Goldencross Strategy PT-7:A value play in IT *Goldencross strategy is one of the efficient strategy in long-term investing*
Follow the FIVE rules below.👇
1) Book 50% of profit at TP-1.
2)Book whole profit at TP-2 or wait for deathcross and Book whole profit when happened.
3) Stoploss is when deathcross happened,be patient in volatile situations.
4) Wait as long as it hits TP as it is sluggish but strong bullish strategy.
5)Keep your capital allocation based on your RISK.
**CHART IS SELF EXPLANATORY*
Disclaimer: This is not a financial advice based on your POV.Everyone has distinct financial objectives and time horizon.
Wipro (Investment Ideas):Wipro (Investment Ideas):
A fine base has been built on the lower side.
Time to invest in this large cap from investment perspective.
One can expect a minimum 75% gains via swing.
Go long while script rovers around 400-430.
Appropriate resistances/targets are highlighted.
Note: Do your own due diligence before taking any action.
I would be posting updates for this chart in the comments sections as time progresses.
Feel free to raise your queries.
WIPRO--@Resistance??The stock is currently hovering close to its resistance zone, while a distinct demand zone is evident around the 400-level mark. Furthermore, there is confirmation from the trendline.
For a prudent trading approach, it is advisable to refrain from entering a short position until two conditions are met: first, a clear breach of the Demand zone, and second, a confirmation of the trendline breach. Until these two criteria are satisfied, it's more favorable to maintain a bullish stance and continue with buy-side strategies.
Wiproenter positionally with 100.. keep adding as suggested. Long term target 4 digits. Investment grade stock so swing/intra to be avoided.
WIPRO: PICK OF THE YEARWipro Looks Great with Technical Analysis!
There are a lot of hidden reasons for selecting Wipro as the Pick of the Year.
Let me show you:
First, Wipro and Nifty Ratio Chart
This is a hidden Information, and see how chart is taking support
Secondly, Wipro and NiftyIT Ratio Chart
Again a hidden information and See how Wipro is taking support in this also
Both of Above information suggesting a good support after a long time in Wipro
And this support can give you the best investment price.
Third, watch how Wipro is taking support on Monthly chart
It was a resistance trendline where Wipro gave a breakout few years back and now it is retesting those levels, and is consolidating. This can be a good Demand Zone and we can expect a price reversal
Also, if you notice the previous Wipro High, It is giving Wipro a Horizontal Support.
And the best part is, the level is 0.618 Fibonacci Zone, that too in a Monthly Chart.
Fourth, Fundamentals are still great with Profits increasing every year.
FIIs and DIIs have increased there stakes in the company last quarter, so this information can be a highlight for us to invest in WIPRO.
With all these analysis, I think Wipro can be a very good reversal stock for next few months, and we can see a good up move in Wipro.
This all reasons make me pick WIPRO as the PICK OF THE YEAR.
What do you think about this idea?
WIPRO Weekly TimeframeWipro on a Weekly ti,eframe has formed an inverted H&S pattern an uis hovering at resistance since 4 weeks. High proability trade upside. Must watchput IT sector for upcoming weeks.
Wipro - Breakout from key level Wipro chart show’s breakout from key level after consolidated over a resistance ,also 50/200 crossover happened. Looks good for long term.
WIPRONSE:WIPRO
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
It's time for breakoutBroke the last one year range of 420 to 423
If it closes above 424 on weekly closing.
It will be fireworks in IT stocks.
Swing Buy Opportunity in WiproEntry: 416
Target: 408
SL: 424
NOTE: This trade is only for Equity Swing buy and not to be considered for options trading.
Please do follow Position Sizing and Risk Reward Ratio while planning any trades.
Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any action.
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Wipro Looking Strong at Current Level. Strong buy for Target 525Stock is trading in the range of 420 to 380 since last one year. Its heavy consolidation and already at 73 percent discount from ATH of 740. Wipro tested 420 levels many times. Once successful breaking of 420 levels, it can touch 440 and 525 levels within a short time. At current level buy for 525 levels at good risk to reward ratio. Stoploss can be 375 rupees.
Strong Buy. Very Bullish On Technical Chart 📈💥
Wipro Bullish but why?Hi Everyone,
Please check the image and let me know in the comment, what's your view on that?
Wipro... 402...Focus for upmoveWipro
Cmp- 402
Protective Stop- 371
T1- 520
T2- Open, Review at T1
Expected Holding Period- 6-9 Months
View- Swing/Investment
Wipro Intraday Price Action Levels for tomorrowPrice compression is seen in 75 mins time frame, if the price sustains above yesterday's close level, the marked levels can be used for Intraday target sell zones.
The RSI is also moving up from oversold to a strength zone of 60-70+.
The price may move to fill the gap at 414-415 zone.
An intraday trade may be possible with the marked levels, above 410 with an RR of 1:2.
Wipro Intraday Options Live TradeHappy trading, do your diligence before entry!
Please check out this as well,
WIPRO LTDWIPRO LTD (1W)
CMP 411.15
On weekly chart stock is forming Rounding bottom pattern
Consolidating between a range of 355-425 After Breakout of this range stock can be Rocket
One can consider this as Investment for 2-3 years for good Returns
