InsiderB

Wipro : Channel Breakout happened, check ur plan !

NSE:WIPRO   WIPRO INR2
IT stocks are already on deep crisis, there is no takers for them, with GST             n other euphoria people are going for FMCG             ,Infra, Auto, banks, so here comes Wipro             which is in Bearish trend for quite a while. The reasons are :
(i) Channel Breakout happened already
(ii) Potential Double Bottom around 472, so note that
( iii             ) Bearish Trend - Bearish Breakout, Good for directional traders

Check ur             plan n decide !
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