Wipro.
After breaking last resistance Wipro has shown big rally.after that one correction here we can see. If you apply fib level here then you will be seeng Wipro trading at .68 level. Which is good enough for instritutional players to buy this stock.
Ok,now let's go toward technical analysis too.
After this correction,it is trading at last support level where buyers was aggressive to buy.
*1 trendline is already broken.
*Very good start of making higher high and higher low.
* 2nd trendline or dynamic support is yet to break.
And showing positivity here.
We can buy here in small quantitie. And after breaking 443 we can add quantity
After breaking last resistance Wipro has shown big rally.after that one correction here we can see. If you apply fib level here then you will be seeng Wipro trading at .68 level. Which is good enough for instritutional players to buy this stock.
Ok,now let's go toward technical analysis too.
After this correction,it is trading at last support level where buyers was aggressive to buy.
*1 trendline is already broken.
*Very good start of making higher high and higher low.
* 2nd trendline or dynamic support is yet to break.
And showing positivity here.
We can buy here in small quantitie. And after breaking 443 we can add quantity