WIPRO trade ideas
Wipro Ltd Intraday level for 1st July #WIPRO Wipro Ltd Intraday level for 1st July #WIPRO
Buying opportunity above 516
Stop Loss area 509
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
3 year WIPRO of pattern.
WIPRO is going now SYMMETRICAL TRIANGLE pattern.
this 3 years of pattern .
AND I think WIPRO breakout in next week.
A. CHEAKING
1.VOIUME
2.LINE BREAKOUT
3.SET ENTRY AND EXIT
MY ACTION ;
I have wipro in 408 price.
If the stock breaks I will buy.
Wipro Intraday level for 28th June #WIPRO Wipro Intraday level for 28th June #WIPRO
Buying opportunity above 514
Stop Loss area 508
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Wipro Breaks Resistance: Bullish Momentum Aims HigherWipro Ltd (NSE: WIPRO) showcases a strong breakout above its recent resistance level, indicating the potential for continued upward momentum. This move is backed by solid trading volume, reinforcing the bullish trend as the stock remains above all major moving averages. Traders should watch for continued support at this breakout level with an eye on targeting the next major resistance.
Wipro on daily charts looks good round bottom breakout.On daily charts looks good round bottom breakout.
We can see 520-530 levels soon.
Wipro swing tradeWipro daily time frame chart it may come to 370 to 380
Disclamer: I am not a sebi Registered, this is not a buy or sell recomendation
Wipro teams with Zscaler to boost AI-driven cybersecurity salesWipro Ltd. ADR has announced a strategic partnership with the IT giant Zscaler, enhancing the reach of its newly launched Wipro Cyber X-Ray platform. This collaboration is expected to bolster Wipro's position in the cybersecurity market, targeting a broader customer base with advanced AI-powered solutions.
The Wipro Cyber X-Ray platform employs artificial intelligence algorithms to enhance data protection tool management. Notably, it features a user-friendly cybersecurity monitoring and management dashboard designed to be intuitive even for non-professionals. The dashboard provides comprehensive insights into current risk levels, vulnerabilities, protection statuses, performance analyses, and potential consequences of cyberattacks, among other critical parameters.
Exploring potential trading opportunities, let's review the technical analysis of Wipro Ltd. ADR (NYSE: WIT):
On the Daily (D1) timeframe, Wipro's stock has established a resistance level at 5.70 USD and support at 5.15 USD. An initial uptrend is observable, suggesting potential for further price increases. If a downtrend initiates, a potential downside target could be 4.10 USD.
If the current uptrend persists and the stock breaks through the resistance at 5.70 USD, a short-term target is 6.45 USD. For a medium-term investment strategy, the stock price might rise to 8.05 USD if the upward momentum continues.
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Wipro Limited (WIPRO) AnalysisThe chart provided is of Wipro Limited (WIPRO) listed on the National Stock Exchange (NSE) of India, on a weekly timeframe. Here’s a detailed analysis and summary:
1. Trend Analysis:
- The stock experienced a strong uptrend from mid-2020 to late 2021, reaching a peak around 740.
- Since then, it has been in a downtrend with intermittent periods of consolidation and minor recoveries.
2. Support and Resistance Levels:
- Resistance:
- 543.55 (61.8% Fibonacci retracement level).
- 606.70 (previous high and key resistance).
- 711.90 (1.618 Fibonacci extension level).
- Support:
- 439.85 (Recent low and significant support).
3. Fibonacci Retracement Levels:
- The chart shows Fibonacci retracement levels from the recent high around 740 to the recent low at 439.85.
- 50% level at 523.75.
- 61.8% level at 543.55.
4. Chart Patterns:
- There appears to be a descending triangle pattern forming, with lower highs and a horizontal support level around 440.
- A breakout from this pattern, either upward or downward, will likely indicate the next major move for the stock.
5. Current Price Action:
- The current price is 484.55.
- The price has recently bounced off from near the 440 support level.
- The price is approaching the descending trendline, which could act as resistance in the near term.
6. Moving Averages and Indicators:
- The chart does not explicitly show moving averages or other indicators, but the trend lines, Fibonacci levels, and chart patterns provide key insights.
Summary:
The chart of Wipro Limited (WIPRO) shows that the stock has been in a downtrend since late 2021 after a significant rally. The stock found support around 440 and has recently bounced from this level. Key resistance levels to watch are around 523.75 (50% Fibonacci retracement) and 543.55 (61.8% Fibonacci retracement). The stock is currently testing the descending trendline resistance, and a breakout above this level could indicate a potential reversal. However, if it fails to break this resistance, the stock may continue to trade within the descending triangle pattern, with 440 being a critical support level.
Wipro last 2years IT company performance its worst.. now expecting positive rally .. its only for knowledge sharing only
WIPRO LONGNSE:WIPRO Breakout - retest- and parabolic breakout possible . Wild up moves seen in month or two.
Wipro is ready to blast for 750 Targets !!Wipro Chart is Bullish after 20% correction
Wipro is on Law of Polarity working from 2021
Stock has achieved the targets of LOP which was coming around 550
And stock has corrected exactly from there !!
Now stock is around Law of Polarity and also Wipro is making Falling Broadning pattern in an uptrend which indicating Bullishness.
Stock is still around the support area and looking lucrative.
Thank You !!
Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
Demand zone in confluence with Fibbo 50%Demand zone in confluence with Fibbo 50%
Buy for long term
Time for Nifty IT for the next bull run.
WIPRO 1DAYwait for the super breakout.
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I Am Not SEBI Registered Analyst. All Post and Levels Posting is only for educational and knowledge purpose. I Am not responsible for your any kind of loss or profit.
No Claim, All Rights Reserved.‼️
Wipro - An attempt to identify next bull runHello All, Please find attached a detailed video on timeline change for wipro, and I am attempting to identify when the next bull run will start.
Wipro near supportThough the IT stocks are not doing well.
Wipro is near support.
I will keep in watchlist and check for any reversal
Wipro looking goodWipro looking good. It has taken support at 200 D EMA and likely to reverse from here.
My idea is only for educational purpose.
BUY WIPRO cmp 450 target 480 SL 442There is strong correction in Wipro and it is near strong support zone. It can possibly retraced with broader market going up. Risk to reward ratio is favourable
Wipro, Possible Targets 520, 610IT stocks looks like made a comeback. Wipro making cup and handle pattern, 1st Target ~520, 2nd target ~600-610. Its a positional trade. www.tradingview.com
WiproI have short term idea on wipro
please make sure entry if you find any reversal candidte
stoploss must and should
WIPROWipro is all set to break out. Still not confirmed wait to close above 450 on daily time frame. we will buy above 450 closses on daily time frame bases only. & must be supported by gud volume. SL will be very low for positional trade and in 2 to 3 months we may have gud target.
SL 377 FOR POSITIONAL TRADE
