Wipro looking good. It has taken support at 200 D EMA and likely to reverse from here. My idea is only for educational purpose.
There is strong correction in Wipro and it is near strong support zone. It can possibly retraced with broader market going up. Risk to reward ratio is favourable
- The chart is pretty self-explanatory but here is the gist: - 10 months of pure sideways consolidation (I get it. Wipro tested Investor's patience, the most) - Breaks the support only to reverse back into the range, trapping sellers - On the verge of breaking its range for the cage-free price momentum - Also, the Indian IT sector is approaching its critical...
Buy and Hold this for longterm, you will never get this price again !!!!
IT stocks looks like made a comeback. Wipro making cup and handle pattern, 1st Target ~520, 2nd target ~600-610. Its a positional trade. www.tradingview.com
I have added my opinoin on wipro for swing trading
I have short term idea on wipro please make sure entry if you find any reversal candidte stoploss must and should
Wipro is all set to break out. Still not confirmed wait to close above 450 on daily time frame. we will buy above 450 closses on daily time frame bases only. & must be supported by gud volume. SL will be very low for positional trade and in 2 to 3 months we may have gud target. SL 377 FOR POSITIONAL TRADE
Wipro seems to fall further and then recover and shall move sideways will keep it below 500 for along time !
WIPRO- for investment potential 2X stock in an year. IT stocks will show some good moment in coming year, this could be one of them !! Buy zone Buy Zone 390 to 440 Investment Targets :- 855, 976 ,1105 may be 1242 Please do your due diligence before trading or investment. Disclaimer - I am not a SEBI registered analyst or advisor. I does not represent or...
WIPRO multi time frames charts updated Weekly Chart Daily Chart 4 Hourly 60 Min In this educational case study, we delve into the chart analysis of Wipro using Elliott Wave Theory. Our analysis focuses on identifying potential wave patterns and understanding the current wave structure for educational purposes only. Overview: After a significant decline...
It's time to buy WIPRO for the long term. Level marked in the chart.
I think Wipro has tuched its current downswing low and is at the right place for fresh buying for next 1 month or so. I expect around 10% return.
Wipro Bulls Target: 540 Buy 26 March Entry Time Educational purpose
Wipro in a year Torm it will go up up to 50%, it's my view
Wipro Given earlier few months back at 400 odds.. Now may be doing last move of this wave.. Can buy near 513 (can also show 507 as low ) & keep stop loss at 500 odds.. it can achieve 560-580 range in the nest 10-15 days. Risk reward seems great..
Using FVG and Fibonacci Retracement and Trend Based Fibonacci Retracement, finding areas of support and profit booking area.
Looks like Wipro is moving towards 700-740 level, based the Bollinger Band explode and breaking previous resistance also IT sector has the potential to move another 2000 points Lets see if this works Target: 700-740