Wipro : H&S
Updated
Wipro has formed bearish H&S on 30 and 60 minutes chart. Breakout has already taken place. Short moving averages has crossed over to the down side. Volume on breakout is quite high. We'll sell below 280 (ensuring lower top lower bottom) with stop loss above 289 for target of 271 & 260
Order cancelled
counter reached touched 280 but didn't break it. call didn't get active. Avoid.
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.