WIPRO LTD
Long
Updated

WIPRO- for investment

4105
WIPRO- for investment potential 2X stock in an year.

IT stocks will show some good moment in coming year, this could be one of them !!

Buy zone Buy Zone 390 to 440

Investment Targets :- 855, 976 ,1105 may be 1242

Please do your due diligence before trading or investment.

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Thank you.
Note
6+% up today !!

My be some good quarterly results are expected in this stock..
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WIPRO again at Buying Price consider averaging or new entry.

Please do your due diligence before trading or investment.

thank you.
Note
Opening 10% up today !!!
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Stoploss of 450 or 400 , use as per your comfort - for your study and Analysis.

Please do your due diligence before trading or investment.
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Stoploss can be revised to 488 or as per you risk management .
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if come around 558 to 561 then book some profit, we may get chance to add more on retraces, otherwise keep holding with stoploss of 510
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Ignore booking profit at 558, as it come directly close to 510, if you want to add more quality seem to be good level otherwise Ignore this message. still the target remains 826 to 960 or 1105 or 1155
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Due to recent changes in data for the stock, use Strict stop loss of closing below 451 or as per your comfort.

Also consider some or full booking if your risk management is not favorable.
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For your study and Analysis :-

Consider again for investing??

Conservative trader stop loss of closing below 451 (approx 6% loss from CMP)
For long term Investors stop loss of closing below 350 (approx 27% loss from CMP)

Target of 830 to 930 .. approx 74% to 94 % profit from CMP

Please do your due diligence before trading or investment.
Note
if comes .. watch for levels 499.95 to 503
Trade closed manually
If anyone holding strong resistance is from 327 to 347 ..if day closing above 347 for week then only we can consider bullish.

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