Wipro - Trading above 200 EMA

Wipro started trading above 200 EMA after more than year. Weekly chart above
Breakout happened with strong volumes yesterday.

CMP - Around 415

Target 1 - 450 (8%) , previous swing high
Target 2 - if it consolidates around 450 then can touch 500 and above.

Stop Loss - 399 (4%)

Good risk reward. Holding position from 403 level.

Posted for educational purpose.