As 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
Since 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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