Wipro Megaphone (Broadening top)

Sell below 295

T1: 290
T2: 285
T3: 290


SL: 301

Comment:

A closer look

Comment:

Nice fall made by Wipro from the megaphone top

Comment:

Comment:

Nice fall from the megaphone top so far. The situation is bit tricky as Wipro could take a bounce on the old channel top.
We will still go short below the price mentioned

Trade closed: target reached:

T1: 290 Achieved
T2: 285 Achieved


We will trail our SL to cost and wait for T3: 280

Comment:

What a fall by Wipro!

Comment:

Unfortunately our trade didn't get activated due to huge gap down. Still it went as per the analysis so far

Cheers,
tRex

Comment:

Wipro is a sell on pullback till 295

Trade closed: target reached:

Hope traders got a chance to short Wipro on bounce till 295 (made a high of 294.95 on SEP 22)

T1: 290 achieved
T2: 285 achieved

Trade closed: target reached:

T3: 290 achieved.

ALL TARGETS HIT!

Trade closed: target reached:

T3: 280 achieved (typos)