Wipro Trading at Daily Channel Bottom. Heading towards 600Wipro is Trading at perfect Support level.
Daily Channel Bottom
Target from here will be 600
Wipro breakout from cup and handle and high volume after breakoAs you can see in the chart that wipro formed and CUP AND HANDLE patter and after breakout there is increase in volume suggesting a genuine breakout....the target is generally the hight of the cup
Long in WiproLong in Wipro based on weekly candlestick pattern. Buy at 415.25 for a target of 450 and 520
WIPROSince May it has been making higher high and higher lows, and on every retracement it has moves towards upside.
As of now 560 looks like a hurdle in terms of data, if it crosses, then it may head towards 570 580 with a stop loss of 550.
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Frequently Asked Questions
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Wipro Futures. Today its technical rating is neutral, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Wipro Futures technicals for a more comprehensive analysis.
The current price of Wipro Futures is 462.25 USD — it hasn't changed in the past 24 hours.
The volume of Wipro Futures is 1.42 K.