Wipro.. multiple technical confirmations!!!
Hello 👋
* Stock is in uptrend
* Friday stock moved around 7 %
* Trendline breakout & retest done
* Inverted cup & handle in weekly tf
* Inverted H & S in Daily TF
* Gap down gap is filled in last week
* Minimum coming target is already marked..it's around 11%
* But stock is in its demand & supply zone..see exactly within that zone it's gone upside & downside too
* If manage to close above 600 then coming tgt 650 & then can go till ATH
* Compare to other IT giants this one is slow moving..but can be bet for swing or intra day
* Momentum inclined & good volumes since last few weeks
* FIIs & DIIs increased their holdings in 2024
It's my view plz DYOA. No buy or sell recommendation 🙏
Please boost my idea if you find it useful 😉
Thank you.
* Stock is in uptrend
* Friday stock moved around 7 %
* Trendline breakout & retest done
* Inverted cup & handle in weekly tf
* Inverted H & S in Daily TF
* Gap down gap is filled in last week
* Minimum coming target is already marked..it's around 11%
* But stock is in its demand & supply zone..see exactly within that zone it's gone upside & downside too
* If manage to close above 600 then coming tgt 650 & then can go till ATH
* Compare to other IT giants this one is slow moving..but can be bet for swing or intra day
* Momentum inclined & good volumes since last few weeks
* FIIs & DIIs increased their holdings in 2024
It's my view plz DYOA. No buy or sell recommendation 🙏
Please boost my idea if you find it useful 😉
Thank you.
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