WIPRO BULL REVERSAL SETUP
WIPRO Wipro Ltd. is a global information technology, consulting, and outsourcing company, that engages in the development and integration of solutions.
Technical Analysis
= Ended Elliot Correction wave at major support Zone.
= Formed a doji bar on daily chart and 5 day consolidation range.
= RSI and stochastic are rising from below.
= The Nifty IT sector is also forming a range that possibly can break out in upcoming sessions.
- Entry is above range marked on chart
- Stop loss is below the doji candle Formed at support zone.
Next resistance zone is 400.
Study chart for visual view.
Keep learning
Happy trading.
Note
391+ and moving big reversal underway.Note
414+ and Holding, updated about big reversal earlier.
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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.
Related publications
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.