It's time for breakoutBroke the last one year range of 420 to 423
If it closes above 424 on weekly closing.
It will be fireworks in IT stocks.
WIPRO trade ideas
Swing Buy Opportunity in WiproEntry: 416
Target: 408
SL: 424
NOTE: This trade is only for Equity Swing buy and not to be considered for options trading.
Please do follow Position Sizing and Risk Reward Ratio while planning any trades.
Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any action.
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Wipro Looking Strong at Current Level. Strong buy for Target 525Stock is trading in the range of 420 to 380 since last one year. Its heavy consolidation and already at 73 percent discount from ATH of 740. Wipro tested 420 levels many times. Once successful breaking of 420 levels, it can touch 440 and 525 levels within a short time. At current level buy for 525 levels at good risk to reward ratio. Stoploss can be 375 rupees.
Strong Buy. Very Bullish On Technical Chart 📈💥
Wipro Bullish but why?Hi Everyone,
Please check the image and let me know in the comment, what's your view on that?
Wipro... 402...Focus for upmoveWipro
Cmp- 402
Protective Stop- 371
T1- 520
T2- Open, Review at T1
Expected Holding Period- 6-9 Months
View- Swing/Investment
Wipro Intraday Price Action Levels for tomorrowPrice compression is seen in 75 mins time frame, if the price sustains above yesterday's close level, the marked levels can be used for Intraday target sell zones.
The RSI is also moving up from oversold to a strength zone of 60-70+.
The price may move to fill the gap at 414-415 zone.
An intraday trade may be possible with the marked levels, above 410 with an RR of 1:2.
Wipro Intraday Options Live TradeHappy trading, do your diligence before entry!
Please check out this as well,
WIPRO LTDWIPRO LTD (1W)
CMP 411.15
On weekly chart stock is forming Rounding bottom pattern
Consolidating between a range of 355-425 After Breakout of this range stock can be Rocket
One can consider this as Investment for 2-3 years for good Returns
WIPRO REVERSAL BULLISH POSITIONAL TRADE#stockmarket #stocks #investing #trading #investment #money #finance #stock #invest #nifty #investor #business #sharemarket #financialfreedom #bitcoin #trader #cryptocurrency #entrepreneur #sensex #daytrader #stock #wallstreet #wealth #nse #forextrader #bse #stockmarketindia #daytrading #stockmarketnews #forextrading #swingtrade #tradingview
chance for bullish, buying oppurtunityall major it stocks shows a bullish movement and here wipro shows a support at 200 ema and price shows a hingher highs pattern
Short term entry triggeredIt was expected some more down as seen in chart but bounce back and entry triggered with 410 target
BOX CONSOLIDATION FOUND IN WIPRO AS TECH RISESWIPRO
Everything is clearly mentioned in the chart itself.
As I am writing this , the national and global is highly bullish , especially tech sector.
Thankyou
Buying Opportunity in WIPRO-Ascending Triangle Breakout
-Also Crossed SMA 200
-ADX turning positive
-Wait for retest of breakout trendline
-good entry if retests the support.
Wipro LtdBreak out - Targets mentioned in chart
Portfolio stock - Hold for longterm
Market Cap
₹ 2,32,584 Cr.
Current Price
₹ 424
Stock P/E
20.0
Book Value
₹ 142
Dividend Yield
0.25 %
ROCE
17.7 %
ROE
15.9 %
Face Value
₹ 2.00
Promoter holding
72.9 %
EPS last year
₹ 20.7
EPS latest quarter
₹ 5.23
Debt
₹ 17,467 Cr.
Pledged percentage
0.00 %
Net CF
₹ -1,197 Cr.
Price to Cash Flow
17.8
Free Cash Flow
₹ 11,631 Cr.
Debt to equity
0.22
OPM last year
18.6 %
OPM 5Year
20.5 %
Reserves
₹ 76,570 Cr.
Price to book value
2.97
Int Coverage
14.7
PEG Ratio
2.76
WIPRO 6 MONTHS CHART SHOWING BULLISH REVERSALwipro turned bullish..
bear market over...best long term investment opportunity.
all indicators showing bullish reversal.
target 1600-2000.
timeframe 1-2 years.
WIPRO descending channel On the chart we can see a descending channel pattern.
If the price retests the downsloping support , it would be the entry for a long position.
The target would be at the downsloping resistance.
Invalidation of this trade would be if the price closes below the downsloping support line.
WIPRO- Hourly/Daily/Weekly Timeframe-Channel/Tringle patternNSE: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 these levels and holding it from past 2 days. Besides it’s a .5 Fib level as well.
Daily : On 26th June there is a rejection from the bot (Hammer) which indicates 370-373 is strong support levels.
Hourly : From past 3 days it’s consolidating between 378-390 in tringle pattern. On Friday 30th June if we see a bullish price action near these levels it’s the best time to go long with small SL.
For positional traders SL should be around 370.
This is only for educational purpose, please manage your risk accordingly.
WiproWipro CMP 383.5
chart is self explainatory...
an IHS in making possible...
as long as it holds 378.
I would be willing to take long for tgts of 400/425/455++
Just a View!!
Vedang :)
Chart is for study purpose only!!!
Short on Wipro Just for Educational Purpose....
Ending diagonal Pattern with Double top on its top & Retest to SUPPLY Zone
SL must be Strict above high.....
