1. Wipro recently broke the Bearish Trendline.
2. After that Stock is Forming "Higher Highs" and "Higher Low" indicating Bullish trend.
3. Momentum is also supporting the Trend as per MACD.
4. Recent price action shows Volatility Squeeze by formation of Pennant.
5. Buy Trade can be initiated with stop loss of 400.
2. After that Stock is Forming "Higher Highs" and "Higher Low" indicating Bullish trend.
3. Momentum is also supporting the Trend as per MACD.
4. Recent price action shows Volatility Squeeze by formation of Pennant.
5. Buy Trade can be initiated with stop loss of 400.