Wipro started trading above 200 EMA after more than year. Weekly chart above
Breakout happened with strong volumes yesterday.
CMP - Around 415
Target 1 - 450 (8%) , previous swing high
Target 2 - if it consolidates around 450 then can touch 500 and above.
Stop Loss - 399 (4%)
Good risk reward. Holding position from 403 level.
Posted for educational purpose.
Breakout happened with strong volumes yesterday.
CMP - Around 415
Target 1 - 450 (8%) , previous swing high
Target 2 - if it consolidates around 450 then can touch 500 and above.
Stop Loss - 399 (4%)
Good risk reward. Holding position from 403 level.
Posted for educational purpose.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.