WIPRO - broken out of an Ascending Wedge pattern
ASCENDING WEDGE PATTERN -
wipro has broken out of ascending wedge pattern with gap-up opening indicating strong bullish momentum for the stock
100D MOVING AVERAGE -
price has tested the 100D simple moving average several times and have gone upwards indicating strong potential for upward movement
HIGHER HIGHS & HIGHER LOWS -
price has formed multiple higher highs & higher lows indicating price is having bullish momentum
TARGET PRICE -
price will go till 317 level
wipro has broken out of ascending wedge pattern with gap-up opening indicating strong bullish momentum for the stock
100D MOVING AVERAGE -
price has tested the 100D simple moving average several times and have gone upwards indicating strong potential for upward movement
HIGHER HIGHS & HIGHER LOWS -
price has formed multiple higher highs & higher lows indicating price is having bullish momentum
TARGET PRICE -
price will go till 317 level
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