abhishekm83

Wipro taking support on the trendline

Long
NSE:WIPRO   WIPRO LTD
3
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.
Order cancelled: Entry could not be done as stock opened gap down.
Also This activity has broken the trend line so no Trade possible.