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WIPRO

Oleh CourtroomInvestments

  • Prices have broken out of its medium term consolidation phase where it was been capped below 420-450 zone.
  • The MACD has given a bullish signal by going above trigger line.
  • Monthly RSI has also bounced from Oversold level.
  • Long Term Uptrend is expected to resume, wherein initially we can expect a test of previous all time high of 740.
  • Bullish outlook remains intact as long as price is above 420.
Chart PatternsTechnical IndicatorsTrend Analysis
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