WIPRO trade ideas
Wipro shortWipro on a Weekly TF looks weak among other stocks, it has already achieved double top target and has broken all the previous supports....looking at the chart pattern and keeping Elliott wave perspective, we can look forward for a target of 410-420 in the coming month.
Wipro ShortWipro on a Weekly TF looks weak among other stocks, it has already achieved double top target and has broken all the previous supports....looking at the chart pattern and keeping Elliott wave perspective, we can look forward for a target of 410-420 in the coming month.
Wipro ShortWipro on a Weekly TF looks weak among other stocks, it has already achieved double top target and has broken all the previous supports....looking at the chart pattern and keeping Elliott wave perspective, we can look forward for a target of 410-420 in the coming month.
Wipro at critical level - 30/4/22It should start up journey from tomorrow itself and if it breaks 500 levels then next it might see 490,450,400 levels as per my analysis. Rest Allah knows best
Double Top Formed Accumulate this power-packed industry leader
Expected to provide a above average quarterly earnings
Wipro LimitedWipro Limited is an Indian multinational corporation that provides information technology, consulting and business process services. Thierry Delaporte has served as CEO and managing director of Wipro since July 2020. It is headquartered in Bangalore, Karnataka, India. Wikipedia
Stock price: WIPRO (NSE) ₹537.70 +7.25 (+1.37%)
Wipro Ltd Pull backWipro Can pull back now
after triangle Retest
Now Can Go upside For 1st target 543.0
and 2nd target 545
and 3rd target 547
and Stop Loss 536.60
WIPRO Analysis it can be a good swing or opportunity to buy this stock at lower price and sell at higher price.
Wipro is currently at its support level with bullish Rsi divergence so you all have to just wait for the green candle to close above support level.
ONLY BUY WHEN IT MAKE GREEN CANDLE
NSEWipro is floating in the channel since more than two days, it's good to Buy Wipro @ 593 , cell at 612,. Stop loss 585.
WiproBuy if breakout of resistance 614 took place
Or else
Buy if again available at 590 as it is best support level
Ask your financer before buying.....
Wipro wave analysisWIPRO is in zigzag correction since from january.wave b of zigzag is likel;y to end near 646 zone, expect a big downside from the level 646 towards 470.DISCLAIMER;this is my view if price patterns change i will also change my view.
Wipro is going to give breakout stock - WIPRO
this stock is going to breakout
it has crossed his resistance area and now this stock is going to give breakout
try to grab this stock and earn high returns
good swing trade
😀
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WIPRONSE:WIPRO
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wipro - Momentum buildupWIPRO - Momentum Buildup near demand zone
One can go long with a SL of 525/500.
Only high risk investors/traders should take entry here, as the stock is still below 200 ema.
Wipro EWT Analysis Wipro Elliott wave Daily chart Analysis
Wipro price is an uptrend from the pandemic significant low 160 to 730 in the channel and has completed 5th waves of daily waves and 3rd wave of weekly waves.
At present time price has completed flat correction of daily wave 5, denoted ABC
Wave A beginning 730 to 604
Wave B is ended near the starting point of wave A up to 99% which is not beyond the beginning of wave A.
Wave C is an Extension of Wave B, 532 (1.41% fib ratio relationship).
Wave C ended denoted by wave W on a higher degree.
Price may go for X waves up to 680-700 retracement of wave W
we can invest for short time for wave X up to 15-18% with stop loss below 530 follow strictly stop loss.
RSI shows Bullish Diversion.
If We Read weekly Degree, price 3rd wave has complete 261.8% of projection of wave 1 After the breakout of multiyear level 380 and 4th wave under construction it should be a complex structure WXYXZ. present time price Flat correction completed which is one part of complex structure finally weekly 4th wave may be ended near 380 (0.618% retracement of whole waves) or pullback of the breakout of the multiyear level it will be given the best opportunity to invest for a long time when wave 4th Finish on the higher degree.
Disclaimer
This analysis is for only educational purposes.
Before Investment please guide your financial adviser.
WIPRO ANALYSISCMP: 555.25
Triple-Bottom Pattern
Support Zone: 536-538
Entry on upside break of the trendline
Upside Targets: 588-590
Inverse H&S In Hourly TFFormed A base and now at BO level.
Made inverse H&S pattern.
Rsi crossing 60 in hourly and crossed 40 in daily.
Also CNXIT looks bullish.
Can be A good buy if broke today's high or resistance level.
If Gap up wait for retest to enter.
Target can be next resistance or hight of the head or round no. 600.
WIPRO ANALYSISDescending Triangle Pattern
CMP: 562.45
Above 571.30, Upside Targets: 587.35-589
Below 537.30-539.50, Downside Targets: 529.40-530.75, 522.45-523.60
Wipro Target 690Wipro i expect down fall coming week or month
this share will come upto 450 short term and target of 690
