Wipro: Breakout & Boom!

This is the daily timeframe chart of Wipro.

Wipro has been forming a falling wedge pattern, and the stock has given a breakout near the ₹250 level.
The breakout has also occurred above the long-term support zone of ₹225–₹240, which strengthens the bullish structure.

If this momentum continues, then any dips from the current levels may offer strong risk-reward opportunities and potentially lead to a bigger rally.

In the shorter timeframe, the potential upside target for Wipro stands near the ₹280 level..

Thank you.