Study 1: Descending Triangle - Wipro

24 thg 3, 2021

This is Just for study purpose. Wipro seems to be forming a descending triangle. Based on breakout, it can be a LONG position or SHORT position.

26 thg 3, 2021

Ghi chú

Based on today's candle we can confirm if it is a false breakout or not.

26 thg 3, 2021

Ghi chú

It seems to have a little support at 398. If it can break this. It can be a breakout. So far it seems to be false breakout. Continue observing.

30 thg 3, 2021

Ghi chú

As expected, it was a false breakout, lets wait for real breakout

31 thg 3, 2021

Ghi chú

We can expect a breakout in 2 or 3 days. Lets follow

8 thg 4, 2021

Ghi chú

WIPRO breakout Buy now 443. Target 1 468(5.6%) and Target 2 486(9.7%).

8 thg 4, 2021

Ghi chú

Retest chances are small. If retests we can buy at cheaper price.

22 thg 4, 2021

Ghi chú

It Retested and reached long potential. If trade correctly made it is of 9.7% profit.

22 thg 4, 2021

Ghi chú

9.7% profit in 14 days