Short term trend in Wipro is Bullish - 23 August 2014

Wipro has fallen from 610 level in February and made a low at 475 in May. From 475 level, it is in a rally. While falling, it made a gap at 590 level in April. The present rally is likely to move towards 590 to 610 in the short term. Investors can buy this stock at 555 level, with a stop at 540, for a target of 590-610 levels by september end.

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