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Wipro taking support on the trendline
WIPRO LTD
Long
Wipro taking support on the trendline
By abhishekm83
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Updated
Jan 27, 2017
3
Jan 25, 2017
Wipro bounced from the trending support line and moving up.
It can go till next resistance and we may book some profit before that.
One may initiate a long position at CMP~475.
SL 472
Target-1 480.02
Target-2 484.16
Risk Reward ratio is also good here.
Jan 27, 2017
Order cancelled
Entry could not be done as stock opened gap down.
Also This activity has broken the trend line so no Trade possible.
abhishekm83
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