Wipro Analysis | Trading in Discount Zone

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Wipro Analysis | Trading in Discount ZoneWipro LimitedNSE:WIPROVikasBajajICT📊 Wipro Analysis | Trading in Discount Zone Wipro is currently trading in a weak structure and positioned inside a key demand/liquidity zone after a sustained downtrend. 📌 Key Observations: • Price is in a discount zone (lower range) • Equal lows formed — liquidity resting below • Gap Imbalance (FVG) present near current levels • Strong downside move already completed 📊 Possible Scenarios: 🔻 Scenario 1 (Liquidity Sweep First): Price may sweep the equal lows and tap into the liquidity zone (around 184–178), potentially filling imbalance before any reaction. 🔺 Scenario 2 (Immediate Reaction): If current levels hold, price may show a short-term bounce from demand and attempt to fill upside imbalance. 🧠 Technical Confluence: • Equal low liquidity • Imbalance zone acting as magnet • Discount pricing (value area) ⚠️ Disclaimer: This analysis is for educational purposes only and not financial advice. Market behavior depends on multiple factors—always use proper risk management. 👉 Focus on reaction, not prediction. #Wipro #StockMarket #PriceAction #FVG #Liquidity #NiftyKing