THIS ANALYSIS OF WIPRO IF FOR NEXT 3-4 TRADING SESSIONS.
WIPRO IS FORMING HEAD AND SHOULDER PATTERN ON 2 HR ,4 HR TIME FRAME.
WE HAVE FOUR DAYS OF LEFT SHOULDER FOLLOWED BY HEAD AND NOW FORMING A RIGHT SHOULDER .
WE HAVE A NECKLINE AROUND 218 LEVELS AND PRICE MAY TOUCH THAT LEVEL AGAIN BEFORE COMING TO LOWER LEVELS. ie 212 AGAIN.OR IT MAY FALL STRAIGHT.
WIPRO HAS RESISTANCE NEAR 221-225 LEVELS
SHORT WIPRO AT 212.5 AND BELOW FOR THE TARGETS OF 205-204.
DO SHARE IF YOU FIND THIS USEFUL.DO COMMENT AND SHARE YOUR OPINIONS
WIPRO IS FORMING HEAD AND SHOULDER PATTERN ON 2 HR ,4 HR TIME FRAME.
WE HAVE FOUR DAYS OF LEFT SHOULDER FOLLOWED BY HEAD AND NOW FORMING A RIGHT SHOULDER .
WE HAVE A NECKLINE AROUND 218 LEVELS AND PRICE MAY TOUCH THAT LEVEL AGAIN BEFORE COMING TO LOWER LEVELS. ie 212 AGAIN.OR IT MAY FALL STRAIGHT.
WIPRO HAS RESISTANCE NEAR 221-225 LEVELS
SHORT WIPRO AT 212.5 AND BELOW FOR THE TARGETS OF 205-204.
DO SHARE IF YOU FIND THIS USEFUL.DO COMMENT AND SHARE YOUR OPINIONS
Comment:
wipro near resistance level short if it comes to 214 again .be ready
Comment:
going as per our direction (blue arrow first) facing little resistance at neckline