WIPRO Breaking out of consolidation, good opportunity

WIPRO is coming out of zone where it nearly spent 450 days, NIFTY IT is also making a similar move. When a stock is making a move along with the index, its a good opportunity.

This is not recommendation to buy or sell, just my observation of market.

Disclosure, I have position in WIPRO

Kommentera:

SL revised to 427.35