We can all agree that Wipro is a fundamentally weak stock in all of frontline Tech stocks.
Stock has been moving up following the trend line during corrections making newer highs everytime it corrects. That seems to have paused at 330 which is also a big resistance zone which was also the highs made before 2000 tech bubble burst.
Stock may retest the trend line...
I see some sort of correction in it sector to balance the one way rally ... but the correction will again get over soon looking at the earning season into picture as well as the usd inr depriciation will generate better revenue story for these stocks like tcs infy etc
