Study 1: Descending Triangle - Wipro

2021年3月24日

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.

2021年3月26日

注释

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

2021年3月26日

注释

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.

2021年3月30日

注释

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

2021年3月31日

注释

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

2021年4月8日

注释

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

2021年4月8日

注释

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

2021年4月22日

注释

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

2021年4月22日

注释

9.7% profit in 14 days