WIPRO
underperforming for past one year, as of weekly time frame, wipro touch crucial support. If weekly candle cross the trend and closed above it. Take position and fix a stop loss at 380. Target 450.
Trade active:
Wipro is still in consolidation phase, US market seems weak, expecting downward movement.
Strong Support at 370.
Strong Support at 370.
Comment:
Wipro - Looking like long consolidation. look out for support and resistance range for the breakout or break down. My view is still bullish.
