WIPRO LTD
Pembelian

Positional trade in Wipro, IT sector recovery soon?

321
IT sector has been under performing from the last few months and the Nifty IT index has taken a major support in the range of 26300-26400.

A similar pattern has formed in Wipro which has taken it's previous major support at the levels of 400.

Since Wipro has corrected more than 40% from it's ATH, there is a high probability of sharp up move once recovery starts in IT sector.

A positional trade can be taken in Wipro with the targets mentioned in chart.

Please perform your due diligence before taking a trade and share your views in comments.

Follow for regular trade ideas. Happy Trading:)


Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.