WIPRO LTDLong
Wipro: Bullish Momentum Emerges, Indicating Potential Upside
https://www.tradingview.com/x/wS5jdt42/
Wipro appears to be transitioning into an uptrend, supported by favorable technical indicators and increasing trading volume. This suggests a potential buying opportunity for swing traders.
Technical Analysis:
Price found support at 38% Fibonacci level.
RSI moved above 60, suggesting rising buy pressure.
Increased volume confirms bullish sentiment.
Trading Strategy:
Disclaimer:
This is a trade idea, not financial advice. Conduct your own research before investing.
Wipro appears to be transitioning into an uptrend, supported by favorable technical indicators and increasing trading volume. This suggests a potential buying opportunity for swing traders.
Technical Analysis:
Price found support at 38% Fibonacci level.
RSI moved above 60, suggesting rising buy pressure.
Increased volume confirms bullish sentiment.
Trading Strategy:
- Buy Wipro above 408.6
- Target: 416
- St
Disclaimer:
This is a trade idea, not financial advice. Conduct your own research before investing.
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.