WIPRO: BULLISH 450

WIPRO underperforming for past one year, as of weekly time frame, wipro touch crucial support.
If weekly candle cross the trend and closed above it. Take position and fix a stop loss at 380. Target 450.

Trade ist aktiv:

Wipro is still in consolidation phase, US market seems weak, expecting downward movement.
Strong Support at 370.

Kommentar:

Wipro - Looking like long consolidation. look out for support and resistance range for the breakout or break down. My view is still bullish.