Gaurav_Jha

WIPRO LTD | Bullish Flag Formation

Long
NSE:WIPRO   WIPRO LTD
Target: 432, 460
CMP: 410.50

It can be clearly seen in the daily chart that the price has been in a falling channel and has taken a support at the lower end of the channel, this can be confirmed by the presence of a doji candle. Now, the price is headed towards the upper band of the channel(432), if it breaks the level and sustains, then we can expect to see a target of 460.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.