WIPRO on weekly touched 200EMA, by falling almost 30%.
Price sustaining the lower level of 230 now.
To improve RR ratio; SL needs to be adjusted after price sustains the breakout and moves above 100EMA.
Price sustaining the lower level of 230 now.
To improve RR ratio; SL needs to be adjusted after price sustains the breakout and moves above 100EMA.
Trade active
For unmonitored swing trades/ conservative traders; daily candle close below 235-238 level, is a clear signal to close the trade.
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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.