Nice fall from the megaphone top so far. The situation is bit tricky as Wipro could take a bounce on the old channel top. We will still go short below the price mentioned
Trade closed: target reached
T1: 290 Achieved T2: 285 Achieved
We will trail our SL to cost and wait for T3: 280
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What a fall by Wipro!
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Unfortunately our trade didn't get activated due to huge gap down. Still it went as per the analysis so far
Cheers, tRex
Note
Wipro is a sell on pullback till 295
Trade closed: target reached
Hope traders got a chance to short Wipro on bounce till 295 (made a high of 294.95 on SEP 22)
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