WIPRO LTDLong
Wipro Update
Updated
Wipro gave a positive closing today strengthening the up move.
two visible pattern formation on charts. Lower blue Trend line showing formation of a good Reverse Head shoulder with a short-term target of 610 level.
upper blue trend line Make a Gorgeous cup and handle pattern with a slightly long term target of 735 levels or further up to make new all time highs.
This is not an investment recommendation, kindly do own research before investing.
Thank You.
two visible pattern formation on charts. Lower blue Trend line showing formation of a good Reverse Head shoulder with a short-term target of 610 level.
upper blue trend line Make a Gorgeous cup and handle pattern with a slightly long term target of 735 levels or further up to make new all time highs.
This is not an investment recommendation, kindly do own research before investing.
Thank You.
Note
average results and huge quantity let go by big investment firms is the reason for the drop today. good opportunity to buy and average out. will see reversal shorty.Note
continued downtrend seen. strong support zone of 480/- level. can see good buying volumes at this level with uptrend.
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