WIPRO
- Prices have broken out of its medium term consolidation phase where it was been capped below 420-450 zone.
- The MACD has given a bullish signal by going above trigger line.
- Monthly RSI has also bounced from Oversold level.
- Long Term Uptrend is expected to resume, wherein initially we can expect a test of previous all time high of 740.
- Bullish outlook remains intact as long as price is above 420.
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