WIPRO is coming out of zone where it nearly spent 450 days, NIFTY IT is also making a similar move. When a stock is making a move along with the index, its a good opportunity. This is not recommendation to buy or sell, just my observation of market. Disclosure, I have position in WIPRO
Index daily candle is taking support at FIB 786. Day RSI is near 40. Possible bounce back zone. Previous candle low and the window created today could act as resistance.
Hello, In this video I am sharing my analysis of stock GNFC as per CUP pattern. Regards AAsta