anuragdandriyal

wipro still in consolidation

NSE:WIPRO   WIPRO LTD
please do not follow this chart because this is for my own personal referance,
i am open to ideas , plz comment if any
it feel like wipro is stuck in a consolidation between, 339, and 349
for buyers
if it breaks 349 it has a ressistance on 381 to 384 which is its two times high.
if it breaks it will reach a new all time high
for sellers
339 is a support if it breaks it will fall from 329 to 329 which is a supply zones, may act as a revarsal point to reach a new high
but on the monthly chart
it has broken the upper line of the peralle channel and seems like looking for a correction and may fall down to 255 to 250 if it breaks 320


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