UNDERDOG-29

WXY DOUBLE CORRECTION-EXIT LONG

Short
NSE:WIPRO   WIPRO LTD
WIPRO IS MAKING DOUBLE CORRECTION WXY PATTERN.WE ARE IN WAVE Y OF WHICH SUB WAVE A HAS BEEN FORMED.WAVE B BOUNCE WILL TAKE PRICES BETWEEN 422-433, SHOULD BE USED TO EXIT LONG POSITION AFTER WHICH A FALL TOWARDS EVENTUAL TARGET OF 385 WILL COME.SHORT TRADE CAN ALSO BE TAKEN IF PRICES DOESNT CROSS 433 LEVEL AND GIVES CONFIRMATION THROUGH DAILY CANDLE AND VOLUMES.

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