Wipro
time to take your bets on nasdaq NASDAQ:NDX
my first target is 12800
fourth down move completed on daily need confirmation on weekly time frame rsi bullish on daily so i will be buying any pullback on nasdaq
the whole down move was a correction if this level holds (retracement ) level marked on the chart and if all pieces of puzzles are put correctly 20000 on nasdaq is not very difficult only condition the level of the 10440 should not break
WIPRO ShortWipro is continuously in downfall and holding the support of level 385.
Now, it created a pattern of " head and shoulder " we may see a good fall if it closes below the bottom of the previous low of the pattern.
The share faced rejection of 50DMA and closed below it again.
Fib Retracement - Putting the Fib from the Corona time low we came to know the level of 0.618 is at 383 and that's where Wipro had taken supports if that breaks we can shorts position.
Wipro Ltd. Sector: Computers - Software: Buy SWING TRADEWipro Ltd. : CMP 400
ABOUT THE COMPANY
Wipro Ltd is a leading India based provider of IT Services, including Business Process Outsourcing (BPO) services, globally. Further, Wipro has other businesses such as IT Products, Consumer Care and Lighting and Infrastructure engineering.
Analysis:
Wait for support level as per analysis, dip to buy best option for long term, Target 2 after breck out target 1 resistance. For Dip analysis and Learn Follow Us.
BUY: 371
TARFET: 422-472
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