NSE:WIPRO Wipro looks to be in a good value are. Entered the stock since the risk to reward looks good. Tweezer bottom at a very good confluence of support(trendline+200ema/15min+support at 50% fib retracement). confirmed by good volume buying. Can be watched for next two days Last 2 15min candle shows good volume of buying there. planning to exit the trade on Friday. Nifty IT also shows a morning star pattern in 15min time frame at 38% retracement. If opens gap up tomorrow it will be a good sign.
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Stochastic also shows a bullish confirmation
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exited the trade on wipro. It may reach 560. My risk to reward is achieved hence exited the trade