WIPRO trade ideas
WIPROITS BEEN A LOW KEY AFFAIR IN THIS TRENDING MARKET DAY
IF IT CANT HOLD 309, ITS GOING DOWN TO 307, 305.50 AND 302.50
ELSE IT LL REACH OUT TO 317 AGAIN
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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WIPRO according to my analysis ,
it seems that wipro will go down
because in chart i can see a doji candlesticks , it means that it is going to reversed
and also according to bollinger band analysis , it breaches the point above the bubble , it means that it will going to be bearish..
what are your views regarding this ??
WIPRO at High - Will it sustainWhenever Wipro has made a high it has not sustained. at times it has come back to 12 M MA. Will it be different this time. When i wrote last year June 2019 the same thing it worked. Will it be now.
WIPRO - Break of 300 Resistance zone | HIGHER LEVELS INCOMINGThanks for coming to this update.
Before you start reading kindly hit that like button. It motivates me to keep doing such work for free.
Thanks
WIPRO has crossed above the 300 resistance zone with good volume which is a bullish sign and should be able to hold the level.
The IT sector has been doing good in this market and has seen the second-highest rise since the crash after the Pharma sector.
Since WIPRO is a part of the IT sector, I would have a bullish view on this stock for some time.
WIPRO can come down to test the SWAP zone again but that should be a buying opportunity and we can expect more run-up in this stock over the next few days.
In terms of day trading, once the pullback is over, then buying dips would be a good strategy.
On the bearish side, if the overall market turns bearish due to some reason, then I would not prefer to be on the buy-side of any stock.
Please choose your trades wisely.
Please note: These are my views and not trading advice. Please consult your financial adviser before making any trading decision.
“The trend is your friend until the end when it bends.” - Ed Seykota
Monthly breakout Good opportunity to go long with a stop loss of 271.
The stock is showing bullish momentum.
Resistance is broken
WIPRO290 IS THE LEVEL TO WATCH OUT, IF IT HOLD THIS THEN ITS AGAIN GONNA TEST 300 AND BEYOND, BUT 290 IS SOMETHING IT SHOULD HOLD, IF NOT THEN ITS COMING DOWN TO 284 AND 277
************************************************************************************************************************************************
Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
***********************************************************************************************************************************************
INTRADAY STOCKS SELECTIONS ( 8/9/2020) trendline is a line drawn over pivot highs or under pivot lows to show the prevailing direction of price. Trendlines are a visual representation of support and resistance in any time frame. They show direction and speed of price, and also describe patterns during periods of price contractioN
WIPRO : THE GREAT IDEA : 08 SEP 20 :THE GOOD PROFIT MAKING IDEA.
SEE ALL MY PUBLICATIONS, IF IT SEEMS TO GIVE BOTH KNOWLEDGE AND PROFIT, THEN ONLY LIKE, SUBSCRIBE AND REFER TO YOUR FRIENDS.
MY SINCERE THANKS TO TRADING PANTHULU, DAY TRADER TELUGU, NAYAN POKARKAR.
WIPRO ( BIG MOVE IS COMING )1 THIS IS FOR ONIY EDUCATION
2 WHEN TREND LINE BREAK
3 SL 292
TARGET T1 267.5
T2 262.5
T3 255
T4 248.5
T5 235
WIPRO: IF THIS BREAKOUTS WITH VOLUME IN 15 M, A GOOD PROFITWIPRO:
IF THIS BREAKOUTS WITH VOLUME IN 15 MINUTES THEN A GOOD PROFIT.
