Wipro forming a diametric patter. Currently it has completed wave d and now we are in wave e of diametric pattern.
Generally in a diametric pattern Wave e = Wave c in terms of time and price.
Wave e= Wave c comes @ 550-555 levels
261.8% retracement level = 550-555 level.
So, Target = 550-555
Stop loss- Wave d low- 445-446.
Generally in a diametric pattern Wave e = Wave c in terms of time and price.
Wave e= Wave c comes @ 550-555 levels
261.8% retracement level = 550-555 level.
So, Target = 550-555
Stop loss- Wave d low- 445-446.
Comment:
We made a high of 529 till now.