Wipro NSE By KRS Charts
Date : 6th June 2024
Time : 10.27 AM
Why I am Bullish on Wipro ?
1. Wipro has Formed Cup & Handle Chart Pattern on Monthly TF and successfully retested on neckline too as we can see on Chart.
2. Current Fibonacci level is 0.5 to 0.618 known as Golden Reversal Zone.
3. Nifty IT is Also Showing Bullish Trait like Bullish Divergence.
After all this Entry on this after Wipro Breaks 260 Rs and close above 260 Rs.
T1 will be according to C&H is ~530 Rs with SL of 439 Rs.
Time : 10.27 AM
Why I am Bullish on Wipro ?
1. Wipro has Formed Cup & Handle Chart Pattern on Monthly TF and successfully retested on neckline too as we can see on Chart.
2. Current Fibonacci level is 0.5 to 0.618 known as Golden Reversal Zone.
3. Nifty IT is Also Showing Bullish Trait like Bullish Divergence.
After all this Entry on this after Wipro Breaks 260 Rs and close above 260 Rs.
T1 will be according to C&H is ~530 Rs with SL of 439 Rs.
Nota
Wipro Breaks 460***Trade ativo
Its Above 460 and probably close above 460.Nota
Today Gap up open and surpass 100EMA Resistance in Daily TF.Nota
50% T1 Achieved!!!!!!!Nota
500 is Hurdle Rejecting but likely to breakout soon.Nota
Breaks 500 RS MarkNota
Target Achieved 529 RsCan booked your Profit for short term investors.
and Rest
Next Targets will be 546 Rs and 615 Rs
Nota
Thank you all for your Support!!I hope all this Studies is working fine for you. :)
Nota
Small 546 Rs Target Achieved Just Now.Nota
Currently at Resistance, Profit booking can possibleFor more Detail open recent comment on Wipro Post in my X Handle.
Nota
Wipro Price is again in same 0.5 to 0.68 Fibbo Retracement Range also known as Golden Reversal Zone.
We took entry in Wipro with GR Zone. But now it again in same fibbo zone but with another low than before.
Nota
Worked!!
Wipro is looking Strong for upside again. 👌⚡
Nota
Another Breakout in Wipro❗❗
Inverted Head & Shoulder Chart pattern from 22nd Jul, Reversal from Golden Zone👌
Trade ativo
After T1 529 Rs✅
T2 - 574 Rs ❗**
Mid Term Target 614 Rs ❗**
Aviso legal
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