Wipro seems fall and consolidations over on daily chart, it falls very sharply from two three months made a bottom and breaking first resistance above bottom and close above good on Bollinger bands too on daily charts so for swing and positionally on both way it is looking good breaks a major hurdle on Relative strength indicator too.
CAUSE OF LONG
1- Horizontal...
NSE:WIPRO
Observations:
1) On 1 day time frame, we can see that it sustain the gap up but closed below 700 level.
Still range of 700-702 is major breakout range.
Please refer below chart : 1 day Time Frame.
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Levels and trade setup remains same as per previous.
Trade Setup for Date: 28-12-2021
1) Don't Jump in...
![WIPRO: Simple Trade Setup | WIPRO | 28-12-2021 [ INTRADAY ]](https://s3.tradingview.com/6/6E0Nrd4A_mid.png "Simple Trade Setup | WIPRO | 28-12-2021 [ INTRADAY ]")
