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bhagat109
Dec 23, 2020 6:52 PM

Breakout in Wipro Long

WIPRO LTDNSE

Description

After a consolidation of about 2 months, Wipro (along with other IT stocks) has given a breakout, which is validated by the sudden spike in volume.
Target: for swing trade - 420 (10%)
for intraday -400
SL: 380 ( All time high)

Comment

No intraday trade but it's still good for a swing trade.
one can average as long as it stays above 380

Trade closed: target reached

Trailed till 454. :-)
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