SolomonsView

Why Wipro may be headed up to new highs

Long
NSE:WIPRO1!   WIPRO FUTURES
Wipro seems to have completed a W-X-Y correction at its recent lows. Note that X wave is a triangle which is clearly evident. The subsequent upmove can be charted out as an 1-2 with waves 3-4-5 still awaited

A lot of the India IT stocks are headed up - see recent posts on Mindtree / TCS

Michael @ SolomonsView

Twitter - @SolomonsView