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CautiousChartist

WIPRO - Good Risk Reward ratio

Long
WIPRO LTD (NSE:WIPRO)  
CautiousChartist  
NSE:WIPRO   WIPRO LTD
Trend Analysis Chart Patterns Technical Indicators wipro priceactionanalysis Symmetrical Triangle breakouttrading Technical Analysis lowriskhighrewardplay lowriskhighreward
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trendanalysis chartpattern indicator wipro priceactionanalysis symmetricaltriangle breakouttrading technicalanalysis lowriskhighrewardplay lowriskhighreward
Anticipating a breakout from a Symmetrical Triangle Pattern while it moves along the Parallel Channel .
Comment: 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.
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