Buy Wipro Ltd For Target Rs.725 - Religare Broking
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Derivative Ideas
WIPRO gained 1.48% and closed at 714.1 on 30th Dec. We’re seeing a Positive trend within the IT pack but WIPRO has been facing friction going upward until now. Now WIPRO gave a closing above its minor Resistance with the help of longs added in WIPRO Fut. The Scrip is poised to test its ATH at 740 level. We recommend to go Long in WIPRO.
Strategy:- BUY WIPRO @ 707-710, SLOSS AT 699, TRGT 725.
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