wipro buyback with 440 ce idea 29 junhi every one
wipor buy back 16 jun so
ready for big move in CE call
WIPRO trade ideas
WIPRO Make falling wedge chart pattern in 4 hour time fram , 50 EMA cross 100 EMA from below , MACD and histogram saw fair value,
Take break out with High volume and make retest at resistance level so first Target will be 435.90 and Stop loss will be 384.95
This is for educational purpose not a trading advice so that's my view comment down your view 🤗
Wipro go LongIn wipro daily time frame a perfect cup and handle pattern is formed with strong bullish candle break resistance with volume and retest is also done now it is acting as support. Go long on wipro for positional trade. target is next resistance. If you like this idea please give it a boost Good luck to you all.
Investment Pick!Wipro was trading in a downward channel and it has given breakout this week. Now we can assume the up move in the stock. Wipro is IT gaint and overall IT sector is looking good after Nasdaq has given a double bottom breakout few weeks earlier. Hence I am really optimistic about whole IT sector. All the IT stocks have taken very good beating and a good amount of correction is visible in all the IT stocks in spite of good results.
CMP - 401 (26/5/23)
T - 450, 480 W
SL - 370 W
Wipro @ Supply Zone + ResistanceObservations::
----->> It is near its resistance.
previously a strong fall is observed here, a strong fall happens before day,
but price is again showing bullish pressure, price may reach again 408, 413 zone,
keep track this for continue or reversal.
Keep on buyside for the target of 402,405.
WIPROhere are the levels for Wipro to trade for tomorrow intraday. can take both the trades if the price price breaks the trendline and closes above the resistance then we can take the long side entry and if the price breaks the support and on the retest we can take the short side trade.
DISCLAIMER: This is my own analysis and you do your own analysis before you take any trade and I am not SEBI registered and contact your financial adviser before taking any trades .I am not responsible for your profit or loss. This is only for educational purpose and learning.
comment below if you have any doubts.
