WIPRO Daily Chart The price is holding the breakout levels. Now the price is in an uptrend. From these levels the price could move about 8% to 10% in a positive direction.
WIPRO Daily Chart Today the price has given the breakout of 492 and closed above the level. The price could test the higher levels if it hold on these levels. Also the STMA band indicate an uptrend but LTMA band is in compression.
WIPRO The overall chart structure looks weak. The price is strongly rejected by the LTMA band with a strong momentum. There is a very high probability that the price could test the lower levels. On the downside the first level is 437 and if it is broken then 420. And on the upside 480 is a strong resistance.