Wipro Short level spot b/n 296-297 SL: 301.5 Targets: 282/278
Reason: Twizzer TOP / C wave down expected from 296-297
ADD LONGS FROM 278-282 LEVELS AS THE BUYBACK IS EXPECTED SOON AT 325
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INVERTED CUP AND HANDLE PATTERN FORMATION. ENTRY BELOW 288.55 FOR TARGETS OF 282/277.5
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Near Target 1. Book half and wait for second target
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Cmp 283 . Expecting a bounce till 287.7 before falling lower. There's chance for this EW count to be wrong. (This could be an extended wave 3 top instead of 5th wave top at 299.45). In that case one more high Expected. So trade with TSL
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Fresh shorts active at 288 . Short with 290.2 as SL . Expected Target 280.50/278
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Final Target in short side could be around 278-280.5 Trade accordingly
Trade fechado: stop atingido
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Trade ativo
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Short side targets met. Now as mentioned buy side active from 278-282. Target 290.5-293
Trade fechado: objetivo atingido
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Buy side target achieved.
Trade ativo
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Sell again with 297 as sl for lower targets of 280/269
Not active as per charts. Wait for an entry at given range or let it break 289