Technical Calls on BF Utility,FT,Ivrcl Infra and Nagar Construction
WIPRO
Wipro weekly charts is trading in arange of 374 and 440 on weekly charts.As such it has done nothing in 2010.Looking at the way infy is shooting up looks like lots of catch up needs to be done by WIPRO.
For any further up move WIPRO needs to break the trading range.Looking at Volumes on weekly charts and Positive divergence in MACD wipro looks like to breakout.
Buy above 451 Tgt 458,470 and 491
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Wipro weekly charts is trading in arange of 374 and 440 on weekly charts.As such it has done nothing in 2010.Looking at the way infy is shooting up looks like lots of catch up needs to be done by WIPRO.
For any further up move WIPRO needs to break the trading range.Looking at Volumes on weekly charts and Positive divergence in MACD wipro looks like to breakout.
Buy above 451 Tgt 458,470 and 491
Financial Technology
FT is breaking on emotional selling on SEBI rejected its plea for trading.Stock has been hammered and came …Read the full story »
posted by Bramesh at
12:01 PM
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