Wipro - Study and analysis

Good morning,

Today we are discussing about wipro india. This IT stock was in downtrend for a long time however it shows some good sign breaking it's weekly resistance multiple times it is now near at it important resistance which may play important role here. On the day time frame it has already breakout the resistance zone however on weekly chart it needs to be confirm.. if wipro manage to provide us any more green candle above this weekly zone then we may see potential Reach of 500+ however if breakout fail from here Buy Zone 2 is the best zone to enter..

Let's study this stock and keep an eye on it

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