Wipro Positional short with 301.5 as SL

Wipro
Short level spot b/n 296-297
SL: 301.5
Targets: 282/278

Reason: Twizzer TOP / C wave down expected from 296-297

ADD LONGS FROM 278-282 LEVELS AS THE BUYBACK IS EXPECTED SOON AT 325

评论:

INVERTED CUP AND HANDLE PATTERN FORMATION. ENTRY BELOW 288.55 FOR TARGETS OF 282/277.5

评论:

Near Target 1. Book half and wait for second target

评论:

Cmp 283 . Expecting a bounce till 287.7 before falling lower. There's chance for this EW count to be wrong. (This could be an extended wave 3 top instead of 5th wave top at 299.45). In that case one more high Expected. So trade with TSL

评论:

Fresh shorts active at 288 . Short with 290.2 as SL . Expected Target 280.50/278

评论:

Final Target in short side could be around 278-280.5
Trade accordingly

交易结束：到达止损

交易开始:

Short side targets met. Now as mentioned buy side active from 278-282. Target 290.5-293

交易结束：到达目标:

Buy side target achieved.

交易开始:

Sell again with 297 as sl for lower targets of 280/269

交易结束：到达目标:

SL TRIGGERED AT 297 BECAUSE OF THE BUYBACK.

ALL TARGETS IN SHORT TRADE IS DONE.

DONT BE IN SHORT SIDE