AbhijitMukherjee
Short

SELL WIPRO CMP: 545 TGT: 533 SL: 552 (INTRADAY 9/6/17)

BSE:WIPRO   WIPRO LTD.
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3
48 0
Definitely appears in retracement territory. There has been a prior retracement of 38% on a previous rally and here too, the 38% seems like the next logical target. Stop loss is a little to avoid getting whipsawed. Cautious traders can use tighter/trailing stops
Trade closed: target reached
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