“Strong momentum, potential upside in Wipro”
After a long period, we have observed a significant breakout in this stock, showing strong potential for a successful trade. The trading volume has also seen a substantial increase, and the RSI (Relative Strength Index) is above the 60 level, indicating solid momentum. Given these factors, this stock has a high probability of becoming a momentum play.
Our initial target price is ₹620, with a secondary target at ₹730.
The Indian market recently faced a downturn due to the U.S. elections. However, under these conditions, the IT sector has maintained positive momentum, suggesting it may continue to perform well.
Our initial target price is ₹620, with a secondary target at ₹730.
The Indian market recently faced a downturn due to the U.S. elections. However, under these conditions, the IT sector has maintained positive momentum, suggesting it may continue to perform well.
Penafian
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