 "Markets, Buy, Sell, Stocks")
BUY WIPRO | TARGET: Rs 365 | STOP LOSS: Rs 342
The stock has provided a fresh breakout from its one-month consolidation. It has also surpassed the centerline of the Bollinger band which is called the exponential moving average and is now heading towards the upper end of the band which is placed at 365 levels. The momentum indicator RSI has also reversed from its oversold territory and is showing signs of reversal which hints at further positive momentum in the counter. It is also trading well above its short-term and long-term moving averages. Based on the above rationale, we can
