## 📊 Trading Idea (Based on Your Chart)
**Stock:** Wipro Ltd
**Time Frame:** Monthly (1M)
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### 🎯 Trade Setup: Bearish Reversal from Trendline Resistance
**Entry:** ₹292
**Stop Loss:** ₹323
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### 🎯 Targets:
* **Target 1:** ₹207
* **Target 2:** ₹91 (Monthly Order Block)
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### 📉 Setup Logic (Simple)
* Price rejected from **falling trendline resistance**
* Formed a **lower high**
* Strong bearish candle confirms weakness
* Expecting continuation towards **major demand zone**
---
**Stock:** Wipro Ltd
**Time Frame:** Monthly (1M)
---
### 🎯 Trade Setup: Bearish Reversal from Trendline Resistance
**Entry:** ₹292
**Stop Loss:** ₹323
---
### 🎯 Targets:
* **Target 1:** ₹207
* **Target 2:** ₹91 (Monthly Order Block)
---
### 📉 Setup Logic (Simple)
* Price rejected from **falling trendline resistance**
* Formed a **lower high**
* Strong bearish candle confirms weakness
* Expecting continuation towards **major demand zone**
---
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.