After been a laggard in the IT sector for a long time it seems Wipro is finally turning the corner. While it may be helped by the fact that TCS and Infosys are significantly outperforming but still it seems that Wipro is now ready to move into a moderate phase of uptrend. Rising volumes, moving average crossovers all suggest that stock is gaining strength. But with a stop at 390 for a target of 480+ over medium term.
No comments:
Post a Comment