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Wipro: Chart set up & Strategy for the stock

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NSE:WIPRO   WIPRO LTD
Wipro
Cmp 187.85

Chart is self explanatory.

Alternatively one may consider the following strategy

Sell Wipro 30 April expiry Put option

Strike Price : 180

Price range : 6-7.5

Lot size : 3200

Target : 1.6 / 0

Stop loss : if Wipro closes below 178 in cash market

Safe trading...!!!

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