NSE WIPRO (WEEKLY)
Updated
Price at 3 supports.
Next couple of weekly candles will decide direction of price.
Consolidation might happen in 23.60% and 38.20% levels.
Look for Investment opportunities.
Closing candle above 23.60% level will indicate some bullishness.
Although current candle closed below 2/1 line, lets hope it doesn't test 3/1 line very soon.
- Fibonacci
- Gann
- Horizontal
Next couple of weekly candles will decide direction of price.
Consolidation might happen in 23.60% and 38.20% levels.
Look for Investment opportunities.
Closing candle above 23.60% level will indicate some bullishness.
Although current candle closed below 2/1 line, lets hope it doesn't test 3/1 line very soon.
Note
Just once we hoped and things went south.Classic example of missed opportunity.
This reinforces even strongest supports can also broken easily, although whole IT is down and wipro is not even at top.
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