Wipro Trading at Daily Channel Bottom. Heading towards 600Wipro is Trading at perfect Support level.
Daily Channel Bottom
Target from here will be 600
Wipro breakout from cup and handle and high volume after breakoAs you can see in the chart that wipro formed and CUP AND HANDLE patter and after breakout there is increase in volume suggesting a genuine breakout....the target is generally the hight of the cup
Long in WiproLong in Wipro based on weekly candlestick pattern. Buy at 415.25 for a target of 450 and 520
WIPROSince May it has been making higher high and higher lows, and on every retracement it has moves towards upside.
As of now 560 looks like a hurdle in terms of data, if it crosses, then it may head towards 570 580 with a stop loss of 550.
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Frequently Asked Questions
The nearest expiration date for WIPRO FUTURES is May 30, 2024.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell WIPRO FUTURES before May 30, 2024.