Wipro Limited

Long in Wipro

212
This scrip is in an uptrend for a long period and it is very linear. One may consider to buy whenever the scrip is trading near to the trendline support. This scrip had been rejected by R3 and it is bouncing back from the R2 which is near to the support. One may consider to long this scrip with SL below the trendline. I guess it may continue its bullish momentum in coming months too. Lower volumes on declining price too confirms the buy signal.

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