Wipro looks like ready to unleash big monthly candles from here on.. Keep stop loss near 480-90 levels for a target of 660 740 in coming few months
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..
WIMI rocketed from 60 cents to $1.50 two days ago and then fell to 93 cents near to the Fib 0.62 retracement which is greater than the typical. The idea is on the chart. So the analysis is a symmetrical triangle pattern with a high normal retracement now at the apex of the triangle with quick compression on the 15 minute chart. Volume is now. Friday...
Tech mahindra may have started iii of 3rd wave.. If this holds right we may see spike till 1600
We have a breakout in HCLTECH, Volume looks too good here with 1510 as a stop loss on daily one can go long with targets of 1550/1580/1600.
Yesterday after market close - we published chart of Nifty IT stating the IT Sector would snap the 5 day Fall and would bounce back today Reasons for IT bounce: Double Top neckline Support (not broken) 2 support lines from the Gap Up candle (one support at top of Gap and one at bottom) Good rejection seen from DT neckline + both ends of Gap - and price...
IT stock are under proforma till yesterday now trend change they are leading market now time to participate in IT counters No recommendation for buy and sell
NSE:WIPRO WIPRO has beaten so badly in last few months. The stock is near major support levels. The Sellers are trying to push it however somehow it is holding its levels. Weekly : It has formed double bottom (355-360 level) at the bottom of the channel. As per weekly chart 370-380 was earlier resistance from where we saw sharp buying. Now it is retesting...
Co website- www.techmahindra.com India's 6th largest IT company-- Communication, Media & Entertainment, Retail & CPG, Healthcare & Life Science, Banking & Financial Services, Transport, Hospitality & Logistics and Manufacturing & Utilities 150000 professionals across 90 countries, market cap 1.1lc cr ( $13.5 BILLION ) , 10% Sales growth yoy, virtually debt free,...
Naukri Broke out of a Descending triangle pattern with good volumes, there is also a double bottom pattern currently forming with neckline at 4635. Potential Targets are 5610 and 6020.
Wipro Moving in a broadening Triangle, waiting for breakout or resistance.
#COFORGE... ✅▶️ 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
All IT Stocks has shown tremendous BO and still they have horizon to move further, watch chart for future targets and supports.
The stock formed a Bullish Engulfing candle in the month of July 2022, since then the stock has been consolidating within its range i.e 813 - 1027 . It's been 3.5 months and the stock has been moving in the said range, suggesting that it might be getting ready for a trending move. Since the first candle (July 2022) is a big bullish candle, followed by...
just have a look at the two moving averages(50 and 100 ones), everything is understandable from this point. its time to invest in most of the best IT stocks. many FII have taken out there money from this stock. IT sector is in the range to give a breakout from MID OF JUNE. IT secotr is in great discount. good oppournity for swing trading. long term investment,...
RSI says everything, and its divergence is a great strategy to go bullish on the stock. currently IT sector is also trading down, i have uploaded its idea many at times. so anyone can go long on this stock, the dark 2 black lines are the range where we need to start looking out for the stock for some actions.
Wipro 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...
It's been over 13 years and 3 months since NASDAQ has broken below the 200 EMA on week tf! Precisely, the date was 20th July, 2009! EMA 200 is a strong tool to see the long-term reliability on an asset! A weekly support @EMA 200 for NASDAQ can be a major flip area! Question here arises is that! Is the bull run over?!?!? Or we're still retracing!?!?!? IT stocks in focus!