Like anything in the market timing is everything. Being a sniper with execution is essential and knowing when to enter a trade is important. Here are my thoughts on this trade idea... Fundamnetals: Highest Daily gainer on Friday with trading volume around 15.245M and usually its at 1.779M That's a lot of momentum and the next quarter point is the next logical...
Cup & handle breakout given and consolidating for up move, big targets awaiting.
If Wipro breaks 465 and sustains then 527 will be the target. We can accumulate it till 440 and with a stop loss of 425 and a target of 527 is it a good fit and is it correct what I've done. Or wait for it to retest 465 and then only enter. Thanks for feedback in advance. Mukund
with stop loss 315 for target 475 even you can hold for longer target 615
WIPRO DAILY TIMEFRAME Note Please leave comments for any query. Disclaimer This is my trading experience, it is not an invite or recommendation to trade. Best Wishes PRABHUMAYAKANNAN
NSE:WIPRO has taken strong bounce from golden zone in monthly timeframe. We can see long term move above 443 & can buy more till 417 with SL 401 Major targets levels are highlighted in blue lines. Monthly Timeframe View:
Support and Resistance Levels: Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively. Support: The green line and green shade represent support levels. These levels...
Bullish marubozu candle on chart Breakout with huge volume Chart setup favour of long position Price above Moving averages MACD & RSI Bullish Disclaimer This is my personal view for education purpose only No Buy sell recommendations.
Wipro, is coming off a years of downtrends, it did breakout off a daily cup and handle pattern also looking good on weekly basis, this should rip higher especially since it sector hasnt been performing well, i think the rotation for the next leg higher for the indices would be IT to make index new highs.
wipro harmonic pattern cup and handle pattern. target 580/700
Technical View on Wipro Technical analysis of wipro
Formed inverted head and shoulders at support and broken with good bullish candle. Good for swing trading. It's only my view not a recommendation.
This chart came to my attention when it gave breakout of the downward channel at 400. Last week, however, it has given a inverted head and shoulders breakout on its weekly chart with very good volumes. Wipro is India's one of best large cap IT and consumer products company with extremally good tract record of financials as well as management. Investors should have...
We have a Range breakout in #Wipro after making a successful base around 350-380 levels, stock has managed to break the range upwards.Imp Levels marked in Black. Wipro can go towards new highs, Buy on dips until 370-377 Levels held! R1- 490 R2- 540 R3- 615 S1- 444 S2- 377 S3- 355.