Stock in Support Zone: Wipro

Aug 6

Wipro is trading near the strong support zone.
Can add 25% at this level.
if the level is broken can further add near 460 levels
This is purely for long term only.

Sep 19

Note

As suggested, Wipro took strong support around 486 levels and gave a breakout.
next key resistances are placed around 545, 579, 612 levels.
The long term bullishness is intact.
The Fed decision to rate cut of 50 basis points could impact the stock movement in the shortrun. However, the long term targets are intact.