Long

BUY WIPRO cmp 450 target 480 SL 442

Updated

There is strong correction in Wipro and it is near strong support zone. It can possibly retraced with broader market going up. Risk to reward ratio is favourable

Trade closed: stop reached

stop loss triggered today as it opened in gap down. However, we can go long again if Wipro price crosses 454 levels for a target of 495-500 target in 4-5 sessions and stop loss will be below today's low of 437

Trade active

Wipro buy call again active as it crossed 454 levels today morning and it is going strong, made a high of 466. We now expect it to go further upside to 495-500 levels, stop loss is now below 437 which is recent swing low.

Trade active

Wipro hit a high of 475.80 in a matter of 4 days. Keep holding with a trail stop, now a trail stop as per my view should be below 465. Tight stop will be 468,however there is a possibility it can hit and can go up again.

Trade closed manually

trailing stop loss triggered at 465 after the price went to 475.80

PrashantDahale

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