vahabsheikh

Wipro Ltd. Sector: Computers - Software: Buy

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vahabsheikh 已更新   
NSE:WIPRO   WIPRO LTD
Wipro Ltd is a leading India based provider of IT Services, including Business Process Outsourcing (BPO) services, globally. Further, Wipro has other businesses such as IT Products, Consumer Care and Lighting and Infrastructure engineering.

CMP: 639.80
Target : 713-760

Wipro Ltd is now on critical support as well previous accumulation Zone. Now market retrace from critical support and fill vacuum phase. if critical support break it go for support 1 i.e. 587.
Used dip to buy and five time investment strategy for long term.

Reasons to Buy:
1) Price reaching for the previous accumulation level.
2) Fundamental reason for demand as the company will distribute dividends, Promotor holding 73% . as well Revenue 61934cr which is good to previous.
3) Best buy before 18th Jan 2022.
4) Vacuum phase or Gaps to fill above.


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