Wipro Technical Outlook | 20-May-2024

Updated
Stock to focus this week

Daily tf: Trend Negative, as long as the price is below LTMA Band.
Weekly tf: Trend Neutral, Compression Zone

Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Note
Trend Negative
snapshot
Note
The price is successfully following the downtrend.
The price could test the levels of 445 and if broken then we see the levels of 437.
snapshot
Trade closed: target reached
A target of 437 is achieved.
snapshot
Chart PatternsgmmaguppyTechnical IndicatorsindicatortradingitstocksstocksignalstechnicaloutlookTrend Analysis

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