WIPRO – DOUBLE BOTTOM – BULLISH AFTER 550 – TR – 565 SL – 535

[S.Sivaraman]

POSITION – LONG

DOUBLE BOTTOM FORMED AT A AND B , RELATIVELY HIGHER VOLUME AT B

ENTRY 550 – PREVIOUS RESISTANCE

TARGET 565 – LITTLE BELOW THE PREVIOUS TOP

SL – 535 – 40% OF THE BOTTOMS

P.S. – WOULD HAVE BEEN A PROFITABLE TRADE AS THE CHARTS CONVEY SO

 

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