KRSCharts

Wipro NSE By KRS Charts

Long
KRSCharts Updated   
NSE:WIPRO   WIPRO LTD
Date : 6th June 2024
Time : 10.27 AM

Why I am Bullish on Wipro ?

1. Wipro has Formed Cup & Handle Chart Pattern on Monthly TF and successfully retested on neckline too as we can see on Chart.

2. Current Fibonacci level is 0.5 to 0.618 known as Golden Reversal Zone.

3. Nifty IT is Also Showing Bullish Trait like Bullish Divergence.

After all this Entry on this after Wipro Breaks 260 Rs and close above 260 Rs.
T1 will be according to C&H is ~530 Rs with SL of 439 Rs.
Comment:
Wipro Breaks 460***
Trade active:
Its Above 460 and probably close above 460.
Comment:
Today Gap up open and surpass 100EMA Resistance in Daily TF.
Comment:
50% T1 Achieved!!!!!!!

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