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Wiprooverview

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.
NSE:WIPRO
by IIT-Trader
5
Wipro Ltd swing trade Positional View short term & medium term Wipro Ltd swing trading Positional View short term( Daily Time Frame) and Medium long term( Weekly Time Frame Wipro Ltd is Currently in down trend and this idea is Pull back trade on daily & weekly time frame. This is a Risky trade with lower stop loss and with min 1:3 RR. Trade can be taken with strict stop loss at traders risk. Best Accumulation zone between 466 to 480 for Daily Time frame stop loss @ below 465 on daily time 1st Target @ 526 on daily time frame Best Accumulation zone between 441 to 466 for Daily Time frame stop loss @ 440 on weekly time frame 1st Target @ 546 on Weekly time frame 2nd Target @ 576 on daily time frame Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor before making any trading decision. Leave a comment that is helpful or encouraging. Let's master the markets together.
NSE:WIPROLong
by sbkurandwad77
WIPRO LTD Trend Analysis4th largest Indian player in the global IT services industry behind TCS, Infosys and HCL Technologies. Company is having sound fundamentals. Technically it is highly bearish. In short term, a pullback towards 500 odd levels is more likely for a possible bull trap. 530 level will act as strong resistance zone (highlighted in red). Expecting IT index to correct further 30% towards 21000 odd levels which will drag this towards the support level around 330-365 level. Accumulate around 330-365 level as it lies in confluence with trendline support and golden FIB zone. Will update the possible targets later. Do your own due diligence before taking any action. Peace!!
NSE:WIPROShort
by Swastik24
Wipro Intraday & Swing Trade Idea for 24th July 2020Hey Everyone. We had seen a breakout from couple of days ago in Wipro with high volume. Stock gives a small correction after the breakout which is a profit-booking and stock is still looking so strong. My view is long in Wipro and there are 2 buy levels for today's Intraday. Intraday ================= 1st: Above 268 Sl: 265 Target: 271/274/279 Second: Buy from the bottom if stock come to test their support @261 SL: 259 Target: 264/268/271 Swing Trade idea ================ Buy from: 261-268 SL: 255 Target: 280/295/315 Note: Writers can write 260 PE for July month for a sure shot profit
NSE:WIPROLong
by CodeViser
1