WIPRO Wipro Ltd. is a global information technology, consulting, and outsourcing company, that engages in the development and integration of solutions.
Technical Analysis
= Ended Elliot Correction wave at major support Zone.
= Formed a doji bar on daily chart and 5 day consolidation range.
= RSI and stochastic are rising from below.
= The Nifty IT sector is also forming a range that possibly can break out in upcoming sessions.
- Entry is above range marked on chart
- Stop loss is below the doji candle Formed at support zone.
Next resistance zone is 400.
Study chart for visual view.
Keep learning
Happy trading.
注释
391+ and moving big reversal underway.注释
414+ and Holding, updated about big reversal earlier.
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