akshay.lakhina

Wipro Double Top-SELL

Short
NSE:WIPRO   WIPRO LTD
Wipro has double top at 330 to 340 band and short position would be better option at this resistance band instead of further long

Below 324 more weakness would come for 319 and 311

Strong Rupee on Monday will favor the view as well
Trade active:
again took resistance at band mentioned
Trade active:
High so far 337.9 at the high band range, RSI is above 80 so 1 fall should come. But only stock which stood high during Black Friday so strict SL must
Trade closed: target reached:
First target of 319 done ( low made 316)
Trade closed: target reached:
Second target of 311 also done

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