Earnings Break - Impulse & Trend Analysis

Oct 10, 2021

As can be clearly observed, in the 5 days before and after Earnings Declaration by Wipro, Share price moves at least 10% upside. Last day it was up 3%, which might be the start of this earnings break upside. It will be interesting to observe how the market reacts to TCS earnings declared just 2 days before. Expecting some upside just like trend, Also the price is around its long term trend support so there are high chances we might see some green candles ahead.