Wipro appears to be transitioning into an uptrend, supported by favorable technical indicators and increasing trading volume. This suggests a potential buying opportunity for swing traders.
Technical Analysis:
Price found support at 38% Fibonacci level.
RSI moved above 60, suggesting rising buy pressure.
Increased volume confirms bullish sentiment.
Trading Strategy:
- Buy Wipro above 408.6
- Target: 416
- St
Disclaimer:
This is a trade idea, not financial advice. Conduct your own research before investing.