Wipro - Range bound between 453 - 441

Wipro is trading on a range between 453 on the upper side to 441 on the lower side. The chart used is 4 hours. I would look to trade on breakout on either of the bands. The number of candles in the rangebound area has crossed 25 numbers as of 20th November.
Comment: Wipro has crossed on the upper side of the range. I would buy at closing with the lower band, 441 as SL for a target of 381 and 400.


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