WIPRO CAN DOWN 5% TO 10 % FROM CMP MADE HANGING MAN CANDLE

WIPRO CAN DOWN 5% TO 10 % FROM CMP MADE HANGING MAN CANDLE , HANGING MAN CANDLESTICK OCCURS DURING AN UPTREND AND WARNS THAT PRICES MAY START FALLING, ADX SHOWING NEGATIVE DIVERGENCE, RSI AT OVERBOUGHT = 73 IN WEEKLY CHART, WIPRO PRICE AT UPPERBAND I THINK WIPRO WILL TEST 9 EMA = 358
FAST TARGET = 9 EMA = 358 ( WEEKLY CHART ) 7 TRADING SEASSION
SECOND TARGET = 21 EMA = 339 ( WEEKLY CHART) 20 TRADING SEASSION
SL = 390

Comment:

all target achieved