WIPRO LTD

Wipro Trend direction..Good for long term investment

219
Wipro 242 has given a symmetrical triangle pattern which is indecisive . Resistance at 249 ad support at 238. it may move any ways. Volume suggests bulls over bears.

Fundamentally it is trading at 10 Years of P/E which is good for long term investment. Additionally FII's have the highest stake in this quarter of last 12 quarters.

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