WIPRO LTDPanjang
“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
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.