WIPRO Analysis Buy at supportWIPRO Analysis Buy at support Good Risk Reward
Buy 535
SL 528
TG 550/560
WIPRO trade ideas
Upcoming Breakout in Wipro1. 5 Star Strategy :
- Monthly RSI > 70
- Weekly RSI > 70
- Daily RSI is bouncing back by taking support near 40 with good volume
2. Volume :
- The daily RSI chart is coming towards for 60 with good volume.
- This shows the market is expecting the Q2 result will be positive the stock.
3. Moving Average :
- The 5 days ema have crossed the 26 days ema and 13 days ema from below.
- This show there is a higher probability for a start of uptrend in Wipro.
- MACD is also about to cross the zero line to show green signal.
4. Earning Release :
- Today Wipro will release the Q2 result.
- The expectation is on growth in profitability of the company.
WIPRO DAILY CHART Taking support at 50 sma . rsi is giving bullish divergence . best buy in 635-638 zone , intraday tgt 648-650 . positional tgt 662-665
Wipro - SellWipro - Sell
Weak on Charts
We would be able to see 613 levels if the downtrend Continues
Target - 613
WiproWipro made Bullish H&S pattern.
Derivative Data suggests short covering in 670 ce.
Buy @ CMP with sloss of 665 & Tgt of 695
Wipro Below 653 Weak and can sell for a target of 648 and 640Wipro Below 653 Weak and can sell for a target of 648 and 640
Wipro Forming Falling Triangle 20 Sept 2021Wipro Forming Falling Triangle 20 Sept 2021. Lookout for Breakout
Price ActionTrend lines can be used to trade, if it closes beyond those trend lines trade can be taken respectively
Wipro Ascending on Support of Trend Line, Possible breakout Wipro is Ascending on 4H TF , if wipro trade below the trendline then we can enter for short Entry Here.
Wipro Price Action Breakout @673 Wipro Price Action Breakout @673 If it sustains it will be a Big move
Note: For Educational Purpose Only..!
WIPRO broadening-wedges-ascendingHello
Welcome to this analysis about WIPRO , we are looking at daily timeframe perspectives. WIPRO is developing here that will be a decisive factor in the upcoming times. I discovered the main formation WIPRO is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how WIPRO has emerged with this key broadening-wedges-ascending formation marked in my chart with the black boundaries. WIPRO is near RESISTANCE region which is an important support and also psychological support-mark together with the lower
boundary of the broadening-wedges-ascending formation a pullback
In this manner, thank you for watching my update-analysis about WIPRO and its major broadening-wedges-ascending-formation with the determining factors we need to consider in upcoming times, support the analysis with a like and follow or comment for more market insight!
WIPRO 15 MIN as on 05.09.2021A SHORT SYMMETRICAL TRIANGLE FORMED !!
Wait for Breakout and a move a good call for intraday!!
AND A BIG DESCENDING TRIANGLE WAS FORMED FROM 16 AUG AND CLOSE TO HIT TARGET!!
So high probability of hitting target!!!!
Daily basis demand and supply can give good support for a move!!
And do check pivot points for intraday!!!
TARGET=606/608
STOP LOSS=650/648
(Do not take it as any buy or sell call)
wipro buyWipro Buy based on the chart pattern
Ascending Triangle pattern
Entry 662
S l 642
Target 700
Disclmar :- the above is shared just for educational purpose and is my personal view . by no means shall i be accountable for any loss,
I am not a SEBI registered analyst, So please consult your investment Advisor and take rational decisions
WIPRO 15 MIN as on 01.09.2021ASCENDING TRIANGLE PATTERN FORMED!!
Too many fake breakouts but Gave again one breakout!!
Taking a pull back and can move again!!
Do check volume!!
Target= 666.25/670
Stop Loss=635/630
200 EMA GIVING A GOOD SUPPORT!
(The above analysis is only for study purpose do not take it as any buy or sell call!!)
WIPRO - Clean breakoutWe have a clean breakout today accompanied by good volume.
All the supply has been absorbed inside the channel.
Should post a good move from here.
