Buy zone 345-360 - Stop loss 325 below Buy zone 345-360 - Stop loss 325 below- Positional buy- Only for longtime.
WIPRO trade ideas
My view on #WIPRO#Wipro ltd is now at the support levels.
Now it may consolidated for some time, then make up side move for 449, 456 and 496.
First support level is 399.70 & Second support level is 381.10.
Note: This is my personal analysis, only for learning.
#Wipro#Wipro live shared and done in our online session today with students...
Intraday targets done and dusted..
Now holding for higher targets
WIPRO- Complete rounding bottom pattern Wipro Analysis for leaning purpose.
complete rounding bottom pattern
Wipro buyWipro.
After breaking last resistance Wipro has shown big rally.after that one correction here we can see. If you apply fib level here then you will be seeng Wipro trading at .68 level. Which is good enough for instritutional players to buy this stock.
Ok,now let's go toward technical analysis too.
After this correction,it is trading at last support level where buyers was aggressive to buy.
*1 trendline is already broken.
*Very good start of making higher high and higher low.
* 2nd trendline or dynamic support is yet to break.
And showing positivity here.
We can buy here in small quantitie. And after breaking 443 we can add quantity
BUY ABOVE BREAKOUTbuy above breakout , short term stock can give good bounce back as long term trend line broken
WIPRO WITH A FRESH START!!nifty it is now started showing a bull trend. i had even previously posted about tcs and nifty it, where i could a lot of cheers.
one can take target @426
target 1- @450(for very short term)
target 2- @526(for swing trade)
one can go for lonf term by currently buy at this point, since 400 is the the bottom(and accordingly to my analysis it cannot go down any other further).
#Wipro #nifty Wipro company is fundementaly strong stock but huge selling of fii dii sold it will discounted at 40% down it good time to buy the company dip it is give minimum profit and go for long time
fibonacci retracementWipro on monthly bases perfect on golden ratio as per fibonacci retracement buy around this level and Stop loss below the wick of last monthly candle
Long wipro Above 425We are long wipro above 425 maintain Sl below 400 Target 537
Risk - 25 points
Rewards - 102 points
Always respect risk to rewards
WIPRO 1W TFWipro reversing from a very important fib level on monthly TF.
One can go long in this for upcoming months, it is going to give great returns in the coming months.
SL :- 380
Target :- 700+
Trade safe. Manage risk. Be profitable.
Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
Wipro - Trend line Resistance - Learning- PositionalBuy above trend line (Which is resistance for now)
Safe trade can wait till 4 hours candle close above trend line
Stop loss 400 closing basis.
Target 1: 430
Target 2: 436
WIPRO - reversalWIPRO - Trading at a high probability reversal zone!!
We must wait for a confirmation here.
WIT - WITty or WITless?WIT recently popped up on my scanner, and I initially ignored it after not recognizing the company. After taking some time to look into each name on my scanner, I will be taking a look at every ticker that pops up.
Some stats:
GF Score - 96
GF Value - 6.36 Modestly Undervalued (potential room to fall)
Profitability Rank 10/10
Financial Strength 8/10
Growth Rank 10/10
It's about to fall under the Peter Lynch Earnings line as well.
With a stock price of $5.21, WIT could prove to be an outstanding low-cost stock to run theta strategies on. I'll be looking to purchase lots of 100 shares so that we can run covered calls on the position.
ER just came out, and while they missed top and bottom, the market didn't seem to mind too much. I'm a bit concerned that we could have more to fall looking at the weekly, but we can offset that risk with the covered calls.
Current PF stats so far
SPY .16%
CRM 17%
All-time Performance 1.96%
Spy Performance Since Date of Inception -3.79%
We are currently running ahead of SPY, which is excellent to see. It looks like we could have gone a little heavier on CRM to boost our stats. Ultimately though, we want to outperform a buy and hold SPY approach, so we are meeting that goal. With the next deposit in August, we will have enough for a margin account if we so desire, but we can run simple theta strategies without that risk.
Double bottom volume and Fibonacci retracement WIPRO is down extensively in IT stocks but here is something good that we can play some reversal in it formation of double bottom like of pattern can lead to a full swing of w formation but as of know we can trade it for target of 440 but volume stays in it we can wait till 550 levels.
Wipro at weekly supportWipro at weekly support.
47% down from ATH.
Rsi oversold, followed by positive divergence.
Observe price action in this zone, ( 374- 408) - stock might bottom out here.
Wipro Long setupWipro seems to have breakout, can do 450+ in short term.
SL 410 CLB
-Saptarish Trading
INVESTMENT:- WIPROWIPRO Buy at 400-420
Accumulate till 300
Target 600,700,800
e.g-If you want to invest 1 lakh then buy Wipro now at 400 with 35000 capital. If wipro fall till 300 then buy again with 65000 capital
