Wipro: Good Above 222 SL 216 (Closing Basis) Tgt 230+Wipro: Good Above 222 SL 216 (Closing Basis) Tgt 230+
WIPRO trade ideas
Wipro go for shortIn 1 hr time frame , gravestone doji formed near resistance, which implies trend reversed to downside
target will be 218 and 211
you had me at E.ON :)Technically looking killer just needed the pinch of salt of FA which i guess is the multi year deal with German Energy giant E.On.
Cloud based hosting and AI is going to be at the forefront i feel so why not get a bag ...
At present sitting at 225.45 barley popping its head over support so perfect invalidation and 1% stop loss with big position size.
Keep a loose Stop loss if you're in it for a long term relationship which some times is a good thing if you find the right one !
Decent company , Cash Flow sorted via germany ,technically golden cross and macd cross over .
214 is lower support which i doubt we will reach but keep in mind on open on Monday.
please refer to earlier HTF chart for key levels
243 267 323 targets .... though 256 is where it gets busy so maybe hop off for a bit .
243-267-323 Operation take down commencethis is either gonna blast off right here or form a bull flag and blast off on the 30th .
Lower time frame next..
WIPROLOOKING TO BUY AFTER COLSE ABOVE RESISTANCE OF 230 FOR TGT 1
VIEWS AND SUGGESTIONS INVITED NSE:WIPRO
Trend line formed in wiproTrend line formed in wipro, heading towards the target 227 which acts as resistance level
Also we have fib level 0.5 a 227.
No trend reversal formed in lower time frame
WIPRO - Trade No - 10Trade No - 10
WIPRO gives breakout and bearish closing on 9 june . This is intra day trade and has 1:2 risk reward ratio.
Trading History -
- Buy - 219.75
- Sell- 222.45
- Stoploss - 223.80
- Quantity - 3200
- Profit / Loss - +8489.36
- Trade Taken - 09/06/2020
- Trade Close - 09/06/2020
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Wipro for Short???wipro is making a good upside channel and there is chances of getting from resistance and we can short it if it breaks the trendline and retest completed....
Wipro Limited $WITEntry. $3.45
S/L $3.30
TG $3.68
12 months Consensus Price Target: $3.46
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Thx
Wipro trade setupWipro trade setup
Buy in the range of 170-186 levels
1st Target around 230
This is a long term trade setup for buying at support levels and holding for some time
Basis
1. Support levels at around 170
2. Monthly chart
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Short Below 182.5As per setup Wipro had given sell signal around 185. #Wipro can crack 10 points if it trades and sustains below 182.5. Risk averse traders should wait for an hourly closing below 182.5 to initiate trade with SL of 186.
Traingle pattern has been observed in WiproWe have observed there are four rejection at the support level and simultaneously four rejection at the resistance level in Wipro. It would be easy to take a trade in Wipro. Either it will give breakdown at 189 or Break out at 191.
