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WIPRO LTD
Long

WIPRO - Good Risk Reward ratio

By CannySunny
Updated
Anticipating a breakout from a Symmetrical Triangle Pattern while it moves along the Parallel Channel.
Note
The stop loss hasn't triggered because the stock didn't cross 440 yet. Let the market settle and the risk reward ratio would get even better.

The bottom it makes now would be the future stop loss
Trade active
The stock will start showing its strength soon.
breakouttradingChart PatternsTechnical IndicatorslowriskhighrewardlowriskhighrewardplaypriceactionanalysisSymmetrical TriangleTechnical AnalysisTrend Analysiswipro
CannySunny
*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
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