Wipro Trading at Daily Channel Bottom. Heading towards 600Wipro is Trading at perfect Support level.
Daily Channel Bottom
Target from here will be 600
WIPRO1! trade ideas
Wipro breakout from cup and handle and high volume after breakoAs you can see in the chart that wipro formed and CUP AND HANDLE patter and after breakout there is increase in volume suggesting a genuine breakout....the target is generally the hight of the cup
Long in WiproLong in Wipro based on weekly candlestick pattern. Buy at 415.25 for a target of 450 and 520
WIPROSince May it has been making higher high and higher lows, and on every retracement it has moves towards upside.
As of now 560 looks like a hurdle in terms of data, if it crosses, then it may head towards 570 580 with a stop loss of 550.
************************************************************************************************************************************************
Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
***********************************************************************************************************************************************
