Monday, May 23

Technical Calls Wipro,Axis Bank and Praj Industries

WIPRO Ltd
Wipro has been a range bound Stock from almost a year. Weekly Chart of Wipro is shown range bound Moves in the Range of Rs 372-500.
Stock is forming a higher bottom on each fall and a Higher High before a fall which is a bullish case.
Presently stock is facing a trendline resistance@450 on its Weekly chart as shown with the Blue Line.
Buy above 450 Tgt 459,464 and 469

Sell Below 434 Tgt 428 and 422

AXIS BANK

Axis Bank has continued with its fall after bad results and now is consolidating in …
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