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mmjimm
2023年4月18日午前5時23分

WIPRO End of Fall ??!! 

NSE:WIPRO
WIPRO LTDNSE

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Chart patterns insist me to go with above titled opinion

REASONS

1. In Monthly timeframe , WIPRO has been trading inside Ascending channel taking support and resistance (shown below)



2. Middle yellow trendline- Resistance turned Support looks favourable for the bounce.

3. Entry(safe) can be made after a good voluminous Breakout out of the white slanting trendline.



4. SL can the low of the Breakout candle.

As the stock has fell more than 50% , we can even wait for WEEKLY BREAKOUT and then enter upon retracement.

Will update as it moves!!!

Let's wait & watch , how it moves!!!!


NOTE- Just sharing my view...not a tip nor advice!!!

コメント

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Good going as expected!!!

コメント

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still not entering the trade...As expected it gave BREAKOUT....
waiting for further retracement!!!
Trend AnalysisChart Patternsprobabilitywiprowiproanalysissupportandresitance
コメント
Forever_Noob
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Great analysis
mmjimm
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@Forever_Noob Thank you😉
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