Wipro is continuously in downfall and holding the support of level 385.
Now, it created a pattern of "head and shoulder" we may see a good fall if it closes below the bottom of the previous low of the pattern.
The share faced rejection of 50DMA and closed below it again.
Fib Retracement- Putting the Fib from the Corona time low we came to know the level of 0.618 is at 383 and that's where Wipro had taken supports if that breaks we can shorts position.
Now, it created a pattern of "head and shoulder" we may see a good fall if it closes below the bottom of the previous low of the pattern.
The share faced rejection of 50DMA and closed below it again.
Fib Retracement- Putting the Fib from the Corona time low we came to know the level of 0.618 is at 383 and that's where Wipro had taken supports if that breaks we can shorts position.