This is the daily timeframe chart of Wipro.
Wipro has been forming a falling wedge pattern, and the stock has given a breakout near the ₹250 level.
The breakout has also occurred above the long-term support zone of ₹225–₹240, which strengthens the bullish structure.
If this momentum continues, then any dips from the current levels may offer strong risk-reward opportunities and potentially lead to a bigger rally.
In the shorter timeframe, the potential upside target for Wipro stands near the ₹280 level..
Thank you.
Wipro has been forming a falling wedge pattern, and the stock has given a breakout near the ₹250 level.
The breakout has also occurred above the long-term support zone of ₹225–₹240, which strengthens the bullish structure.
If this momentum continues, then any dips from the current levels may offer strong risk-reward opportunities and potentially lead to a bigger rally.
In the shorter timeframe, the potential upside target for Wipro stands near the ₹280 level..
Thank you.
@RahulSaraoge
Connect us at t.me/stridesadvisory
Connect us at t.me/stridesadvisory
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@RahulSaraoge
Connect us at t.me/stridesadvisory
Connect us at t.me/stridesadvisory
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。