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madhu2811
Sep 22, 2022 12:07 PM

WIPRO 

WIPRO LTDNSE

Description

Wipro Technically Looking Weak

Closed Below 400 Today, Bearish Cross Over Of Ema 10 , 21 , 63 , 100 , 200

Observed Head And Shoulder Pattern In Daily Chart

Expected To Reach The Mentioned Down Ward Targets In Coming Days - For Decisive Up Move It Has To Close Above 63 Day Ema On Dcb

It Company - With Good Valuation After Hcl Tech

Long-Term Growth Is Intact

Trade active

Target 1 Reached !!

Trade active

375 and 366 is not far away

Trade active

T1 - acheived , Reached 371th is week , still script is weak

Trade closed: target reached

Comment

400 to 371 - closed
Comments
ksantosh35287
thanks 👍.sir
bijuldesai
Wipro buy or hold ? Stock fall 45% YTD ? I am not at all expert in all this charts etc ...but i think it will not fall further beyond 10% from here i assume , Thank you for your anaylsis
madhu2811
@bijuldesai, 366 to 375 , its buy for longterm

may reach 520 in 2023/2024.
namanmaurya31
sir what I have to do
i have purchased Wipro 397.50
on day 13 /12/2022
what i have to do ( hold / sale)
madhu2811
@namanmaurya31, if you want to invest in IT, choose Infy on dip, wipro will move little slow.
wonderfulUser53656
thanks 👍👍👍
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