Stock of the day : Wipro Ltd For Target Rs. 601 - Religare Broking
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Wipro Ltd
* Among the most resilient space, IT, Wipro is in line with a robust positive setup.
* Stock is under a channel where it has formed higher-highs and higher-lows formation.
* Also, stock is above its medium and long-term moving averages, keeping positive bias intact.
* Expect the trend to continue with further buying triggers that could lead stock to channel highs.
* Traders are recommended to keep up the positive tone and accumulate in the mentioned range for the mentioned target.
Buy Wipro Ltd CMP 562.2 Range 559-563 SL 541 Target 601
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SEBI Registration number is INZ000174330
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