WIPRO
I am very bullish on WIPRO. Looking at the chart Wipro is possibly forming a "CUP AND HANDLE" which is one of a very bullish pattern.
Points to note:
1. Possible "CUP AND HANDLE FORMATION" is forming (which is highly likely).
2. The 720 level acted as a resistance and the candle retested it (in the past 3-4 times it retested too). I expect Wipro to consolidate a little by completing the "Handle" pattern and after it may give a breakout with an initial target place around 780-790 levels.
3. Support and Resistance are shown on the charts (1Hr timeframe will show those levels in more detail).
According to my opinion, WIPRO will be a big game in a few sessions if it continues the "CUP AND HANDLE" pattern.
THE ANALYSIS IS ONLY FOR KNOWLEDGE PURPOSES. PLEASE ACT WISELY BEFORE TAKING ANY DECISION.
Points to note:
1. Possible "CUP AND HANDLE FORMATION" is forming (which is highly likely).
2. The 720 level acted as a resistance and the candle retested it (in the past 3-4 times it retested too). I expect Wipro to consolidate a little by completing the "Handle" pattern and after it may give a breakout with an initial target place around 780-790 levels.
3. Support and Resistance are shown on the charts (1Hr timeframe will show those levels in more detail).
According to my opinion, WIPRO will be a big game in a few sessions if it continues the "CUP AND HANDLE" pattern.
THE ANALYSIS IS ONLY FOR KNOWLEDGE PURPOSES. PLEASE ACT WISELY BEFORE TAKING ANY DECISION.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。