Wipro ready for a turnaround

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In the recent bull rally, a strong stock has been consolidating in one of the underperforming sectors (IT) in the recent bull run. The sector is coming out of consolidation and Wipro looks strong to head upward from here

Entry above 575
Stop loss below 520
Target 722/752
Trade fermée: ordre d’arrêt atteint
Poor numbers in the quarterly result lead to a gap down in the stock price
Candlestick AnalysisitsectorstockstobuystockstowatchstocktradingSupport and ResistancetradingTrend Analysiswiprowiproanalysis

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