Wipro Limited STOCK OF THE VIEW

 

Wipro Limited – Technical Analysis

CMP: ₹198

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📊 Key Support & Resistance

• Immediate Resistance: ₹205

• Major Resistance: ₹218 / ₹235

• Immediate Support: ₹190

• Strong Support: ₹180

Price is currently trading near support zone ₹190–₹195, indicating possible bounce if momentum improves.

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📈 Short Term View (1–15 Days)

Trend: Sideways to Mild Bullish

Trade Setup

• Entry: ₹200 (breakout confirmation)

• Target 1: ₹210

• Target 2: ₹218

• Stop Loss: ₹190

📊 Probability: 60–63%

💰 P&L Potential

• Profit: +5% to +10%

• Risk: −4%

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📊 Medium Term View (1–3 Months)

Trend: Consolidation / Accumulation

Strategy

• Buy Zone: ₹190 – ₹200

• Target 1: ₹225

• Target 2: ₹245

• Stop Loss: ₹178

📊 Probability: 58–62%

💰 P&L Potential

• Profit: +13% to +23%

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📈 Long Term View (6–18 Months)

Trend: Gradual Bullish (IT Sector Recovery)

Investment Strategy

• Accumulation Zone: ₹185 – ₹200

• Target 1: ₹280

• Target 2: ₹320

• Stop Loss: ₹160

📊 Probability: 60–65%

💰 P&L Potential

• Profit Potential: +40% to +60%

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📊 Technical Indicators

✔ Price near long-term support zone
✔ RSI near neutral zone (45–55)
✔ Consolidation after correction may lead to breakout above ₹205
✔ IT sector showing gradual recovery sentiment

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⚠ Risk Scenario

• Breakdown below ₹190 may push price toward ₹175–₹180

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✅ Simple Strategy

• Aggressive Traders: Buy above ₹200 breakout

• Positional Traders: Accumulate near ₹190–₹195

Tata Motors Passenger Vehicles Ltd STOCK OVERVIEW

 

Tata Motors Passenger Vehicles Ltd (CMP ≈ ₹349.85) on the Daily timeframe. Based on the visible structure, support–resistance zones, and momentum, here is a clear technical trading view.

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📊 Technical Structure (Chart Reading)

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Trend Observation

• Long-term trend after the ₹700 peak has turned into a downtrend with lower highs.

• Price is currently consolidating between ₹330–₹380 support zone.

• Multiple support retests near ₹320–₹335 indicate strong buying interest.

• RSI around 55–60 suggests short-term recovery momentum.

Key Levels from Chart

• Major Resistance: ₹380 / ₹410 / ₹450

• Immediate Resistance: ₹365

• Support: ₹335

• Strong Support: ₹320

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📈 Short Term View (1–15 Days)

Trend: Sideways to Mild Bullish

Trade Setup

• Entry: ₹352 – ₹356 (breakout above ₹355 confirmation)

• Target 1: ₹372

• Target 2: ₹388

• Stop Loss: ₹336

Probability: 62–65%

P&L Potential

• Profit Potential: +9% to +11%

• Risk: −4%

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📊 Medium Term View (1–3 Months)

Trend: Accumulation Phase

Strategy

• Buy Zone: ₹330 – ₹350

• Target 1: ₹420

• Target 2: ₹470

• Stop Loss: ₹305

Probability: 58–62%

P&L Potential

• Profit Potential: +20% to +34%

• Risk: −12%

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📈 Long Term View (6–18 Months)

Trend: Structural Bullish (if ₹320 holds)

Investment Levels

• Accumulation Zone: ₹320 – ₹350

• Target 1: ₹520

• Target 2: ₹650

• Stop Loss: ₹275

Probability: 60%

P&L Potential

• Profit Potential: +50% to +85%

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⚡ Key Technical Signals

✔ Strong demand zone ₹320–₹330
✔ RSI showing momentum recovery
✔ Consolidation indicates possible breakout phase
✔ Break above ₹380 could trigger a fast rally

❗ Breakdown below ₹320 may push price toward ₹280

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✅ Simple Strategy

• Aggressive traders: Buy breakout above ₹355

• Positional traders: Accumulate near ₹330–₹340

HCL Technologies Limited (HCLTECH) as of March 5, 2026 POSITION CALL

 HCL Technologies Limited (HCLTECH) as of March 5, 2026, the stock is currently testing a significant multi-month support zone. Here is the technical breakdown and trade setup for a positional outlook.

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📊 Technical View & Trend Analysis

• Current Trend: Neutral to Bearish (Short-term) / Bullish (Long-term). The stock has undergone a sharp correction from its 1,800+ peaks and is now hovering at a "Make or Break" support level between 1,325 – 1,350.

• RSI Factor: The RSI is deep in the Oversold zone (below 30). Historically, as seen on the chart in early 2025 and mid-2025, this level has triggered strong relief rallies.

• Probability of Success: 65% for a technical bounce-back, provided the 1,300 level is held on a weekly closing basis.

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🚀 Trade Setup: Positional (1-3 Months)

Category	Level
Entry Range	1,330 — 1,355 (Accumulate in this zone)
Target 1	1,480 (Immediate Resistance Gap)
Target 2	1,620 (Major Fibonacci Retracement level)
Stop Loss	1,280 (Daily closing basis below major support)

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📅 One-Year Return Ratio (Historical & Projected)

• Historical 1-Year Performance: Based on the chart's trajectory from March 2025 to March 2026, the stock has seen high volatility. After peaking near 1,800, it has retraced significantly.

• Projected 1-Year Return: Given the current deep value at 1,325, if the stock reclaims its previous highs of 1,800 within the next year, it implies a ~35% potential upside from current levels.

• Risk-to-Reward: Approximately 1:4 (Risking ~50 points for a potential 200+ point gain).

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📝 Shreeji Finance & Investment Strategy

"Buy the Fear": The current chart shows HCLTECH at a valuation gap. While the immediate trend is weak, the proximity to long-term horizontal support makes this a high-probability "Value Buy" for investors with a 6-12 month horizon.

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Caption & Hashtags

💻 HCL TECH: AT CRITICAL SUPPORT | BUYING OPPORTUNITY?

HCL Technologies is currently trading at a massive support zone of 1,325-1,350. With the RSI indicating oversold conditions, we anticipate a technical reversal toward the 1,600 levels in the coming months.

• Entry: 1,330 - 1,355

• Target: 1,620+

• Stop Loss: 1,280

• View: Positional Bullish 📈

NIFTY INDEX FUTURES – Technical View

 

NIFTY INDEX FUTURES – Technical View

(Current zone visible in your chart: 24,480–24,500)

You have marked a clear range structure:

• 🔴 Resistance: 24,560–24,600

• 🟢 Support: 24,440

• Intraday pivot zone: 24,485

RSI (lower panel) recently bounced from near 30–35 and is curling upward → short-term recovery attempt, but still below strong bullish momentum.

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🔹 1–3 DAYS VIEW (Short Term Swing)

🟢 Bullish Setup (Breakout Trade)

Entry: Above 24,560 (sustained 15–30 min close)
Stop Loss: 24,430
Target 1: 24,700
Target 2: 24,820

Logic:
Higher low formation + RSI recovery + range breakout above 24,560 can trigger short covering.

Probability: 55–60% (if breakout holds with volume)

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🔴 Bearish Setup (Breakdown Trade)

Entry: Below 24,430
Stop Loss: 24,560
Target 1: 24,300
Target 2: 24,150

Logic:
Range breakdown + previous swing low failure → momentum selling.

Probability: 60% if 24,430 breaks strongly.

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🔹 1–15 DAYS VIEW (Positional)

Market Structure: Sideways-to-slightly positive unless 24,150 breaks.

🟢 Positional Buy Zone

Buy near 24,350–24,400 (dip buying)
SL: 24,100 (closing basis)
Targets:

• 24,750

• 25,000 (major resistance zone)

Probability: 60–65% if broader market sentiment remains stable.

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🔴 Positional Bearish Scenario

If closes below 24,150, trend turns weak.

Downside Targets:
23,900 → 23,650

Probability of deeper fall: 40% currently (structure not fully bearish yet)

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📊 Technical Summary

• Market is in range consolidation

• RSI recovering from oversold

• Breakout above 24,560 decides bullish momentum

• Breakdown below 24,430 activates short side

BANKNIFTY OVERVIEW 23/2/2026

 

📊 BANKNIFTY – Daily Chart Technical View CMP: ~61,172

🔎 Chart Observation: Price trading near major resistance zone 61,500–61,600

Immediate support at 60,500

Strong support at 57,600

RSI ~59 → Bullish but not overbought

MACD positive crossover with strong histogram → Uptrend momentum intact

Overall Bias: Bullish above 60,500

🔵 SCENARIO 1: BUY ON BREAKOUT ✅ Entry: 61,600 (Daily close above resistance) 🎯 Target 1: 62,200 🎯 Target 2: 63,000 🛑 Stop Loss: 60,900 📈 Probability: Target 1: 68%

Target 2: 55%

Logic: Resistance breakout + strong MACD + RSI above 55 supports bullish continuation.

🔵 SCENARIO 2: BUY ON DIP ✅ Entry: 60,500–60,600 (Support zone) 🎯 Target: 61,500 🛑 Stop Loss: 59,900 📈 Probability: 65%

Logic: Trend is upward; pullback to support offers better risk-reward.

🔴 SCENARIO 3: SELL BELOW BREAKDOWN ✅ Entry: 60,400 (Breakdown below support) 🎯 Target 1: 59,500 🎯 Target 2: 57,600 🛑 Stop Loss: 61,000 📉 Probability: Target 1: 58%

Target 2: 45%

Logic: Breakdown may trigger short covering unwinding and correction toward major support.

📌 Summary Above 60,500 → Bullish

Below 60,400 → Short-term bearish

Major trend remains positive unless 59,500 decisively breaks.

NIFTY 50 OVERVIEW 23/2/2026

 📊 NIFTY 50 – Daily Chart Technical View From your chart:

CMP: ~25,571

Strong resistance near 26,300 (previous supply zone)

Immediate resistance around 25,750–25,800 (falling trendline zone)

Strong support at 25,350

Major support near 24,500

RSI ~48 → Neutral (no overbought/oversold)

MACD → Positive crossover but momentum slowing

🔵 SCENARIO 1: BUY ABOVE BREAKOUT ✅ Entry: 25,800 (on daily close above trendline) 🎯 Target 1: 26,000 🎯 Target 2: 26,250 – 26,300 🛑 Stop Loss: 25,500 📈 Probability: Target 1: 65%

Target 2: 55%

Logic: Falling trendline breakout + MACD positive + price holding above 25,350 support.

🔴 SCENARIO 2: SELL BELOW SUPPORT ✅ Entry: 25,330 (below support breakdown) 🎯 Target 1: 25,000 🎯 Target 2: 24,500 🛑 Stop Loss: 25,650 📉 Probability: Target 1: 60%

Target 2: 50%

Logic: Breakdown below horizontal support may trigger fresh selling pressure.

📌 Overall Market Bias Currently Sideways to Slightly Bullish above 25,350. Clear direction will come only after breakout of 25,800 or breakdown of 25,350.

ETHOS LTD OVER VIEW