WIPRO LTD
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WIPRO : RESULTS DAY PATTERN IS OBSERVED. WILL IT RISE?

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A support trendline has been forming on the price chart of Wipro since the 1st quarter results in April 2021.

A similar spike in volume and price was observed around the result date in the 2nd quarter results also.

So, expecting this as a pattern the institution buyers are following, we can risk a mere 2% as a stoploss and take the long trade.

Long when the price bounces off the trendline and trail your profits.

Stoploss below the green zone mentioned on the chart.

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worked like a charm :)

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.