Wipro Megaphone (Broadening top)

Sell below 295

T1: 290
T2: 285
T3: 290


SL: 301

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A closer look

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Nice fall made by Wipro from the megaphone top

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Nice fall from the megaphone top so far. The situation is bit tricky as Wipro could take a bounce on the old channel top.
We will still go short below the price mentioned

Trade stängt: målet nått:

T1: 290 Achieved
T2: 285 Achieved


We will trail our SL to cost and wait for T3: 280

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What a fall by Wipro!

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Unfortunately our trade didn't get activated due to huge gap down. Still it went as per the analysis so far

Cheers,
tRex

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Wipro is a sell on pullback till 295

Trade stängt: målet nått:

Hope traders got a chance to short Wipro on bounce till 295 (made a high of 294.95 on SEP 22)

T1: 290 achieved
T2: 285 achieved

Trade stängt: målet nått:

T3: 290 achieved.

ALL TARGETS HIT!

Trade stängt: målet nått:

T3: 280 achieved (typos)