In the recent bull rally, a strong stock has been consolidating in one of the underperforming sectors (IT) in the recent bull run. The sector is coming out of consolidation and Wipro looks strong to head upward from here
Entry above 575
Stop loss below 520
Target 722/752
Entry above 575
Stop loss below 520
Target 722/752
Trade closed: stop reached
Poor numbers in the quarterly result lead to a gap down in the stock price
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.