Alas !!!!!!!!!!!!! Third tech stock similar to TECHM and HCLTCH analysis. It appears that tech stock following specific trend!
Wipro completed Elliott corrective wave and begin new cycle of Impulse wave! Got good support at Fibonacci retracement level of 0.236 (410 ) .
watch out for breakout above triangle line.
If price moves above triangle, I will update T1 and T2.
If you are long time investor, cash out after 5 months (approximate time for completing New impulsive wave ).
Wipro completed Elliott corrective wave and begin new cycle of Impulse wave! Got good support at Fibonacci retracement level of 0.236 (410 ) .
watch out for breakout above triangle line.
If price moves above triangle, I will update T1 and T2.
If you are long time investor, cash out after 5 months (approximate time for completing New impulsive wave ).
Trade active
IT finished first wave and currently undergoing 2nd wave.
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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.