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haribaskar05

Wipro - Range bound between 453 - 441

WIPRO LTD (NSE:WIPRO)  
haribaskar05 Updated   
NSE:WIPRO   WIPRO LTD
Trend Analysis Chart Patterns Technical Indicators rangebound breakout breakouttrading
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trendanalysis chartpattern indicator rangebound breakout breakouttrading
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.
Comment:
Booked profit today
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