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.
Wiproanalysis
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.
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... 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 buyback with 440 ce idea 29 junhi every one
wipor buy back 16 jun so
ready for big move in CE call
Ascending order candle in wiproFinally wipro broke weekly support
And now trying to get new levels and swing
Wipro @ Supply Zone + ResistanceObservations::
----->> It is near its resistance.
previously a strong fall is observed here, a strong fall happens before day,
but price is again showing bullish pressure, price may reach again 408, 413 zone,
keep track this for continue or reversal.
Keep on buyside for the target of 402,405.
#PERSISTENT... looking good 17.05.23#PERSISTENT.. ✅▶️
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
W pattern in wipro (very bullish)Wipro made w pattern at the bottom of the chart which made it very bullish for future.
Buy it at above 380 (candle close above third level)
Target 386.95 394.50 400 408.20
Sl 367
Wipro Break Very Importent Level wipro break importent level with 200W Moving Average. In upcoming weeks we will see a fall In wipro stocks
(Always Do your own analysis)
Wipro Bullish in 1 DTF!#The Pattern is a simple Support and Resistance
Points to Look:
1.The Channel Pattern is slanted downwards, this pattern has a high success rate!
2.Inside the pattern the recent trend is Bullish(Higher Lowes formation)
3.There is 'W' shape pull visible(23 Dec to Jan 6 touch points) in the trend which is also a good bullish sign.
4.Despite all this wait for a confirmation candle tomorrow and then take the position.
5.The Stoploss is minimal which can be kept below the upper trend line also shown in chart.
$Happy Trading Mates$
Symmetrical TriangleWipro is on low looking good buy around breaking above the triangle pattern, expecting target given on the chart with below level as stop loss.
Lets see..
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Wipro broke falling wedge on daily TF also RSI above 60+ on dailWipro broke falling wedge on daily TF also RSI above 60+ on daily weekly
taken support from 60 level its good time to get in
WIPRO LTD 60% RetracementNSE:WIPRO has retraced 60% from its top. As per analysis, this is the best time to make entry for long position.
My entry point is 380. Will wait for target of 449 & 515
Stop loss will be only 30 points (350)
Note: This is my personal analysis, only for learning.
Thanks.
Wipro forming Cup and handle FormCan take a trade above 430 levels for long term
If crossed those levels will give a very good move
#wipro
WIPRO ANALYSIS!!, 50 MOVING AVERAGE!!WPRO has given a bas returns this year, its quartly results also gave a negative affect on its stock prices. but this are all short term, things.
this stock has pastly given great returns(look at the past trend i have drawn, the returns are approx.. 45% in a year).
long term things are the moving averages, stock is in tis 50 moving average, as shown in its chart. good stock to buy now.
Wipro formed Spinning Candle at weekly supportWipro has been respecting the 400- 385 zone for the past many weeks.
And this week, it formed a spinning pattern at the same support zone.
Now the chances are high that above 400 levels, it could test 420-430 levels in no time.
On the hourly timeframe, we could see price forming double bottom formation, now sustaining 392, it could move toward 400 levels initially.
400 level may act as temporary resistance and any breakout above this level, the stock would most likely be moving towards 420-430 levels.
My view on #WIPRO#Wipro ltd is now at the support levels.
Now it may consolidated for some time, then make up side move for 449, 456 and 496.
First support level is 399.70 & Second support level is 381.10.
Note: This is my personal analysis, only for learning.
WIPRO WITH A FRESH START!!nifty it is now started showing a bull trend. i had even previously posted about tcs and nifty it, where i could a lot of cheers.
one can take target @426
target 1- @450(for very short term)
target 2- @526(for swing trade)
one can go for lonf term by currently buy at this point, since 400 is the the bottom(and accordingly to my analysis it cannot go down any other further).
