ASHU'S TECHNICALS - DECEMBER 22, 2010
WIPRO
Resistance: 500 and thats the only resistance
Support: 400
Stop Loss: 475
The risk in this stock is that it has no support till 400. So a very strict stop loss is critical here. On the upside, if it can cross 500, there is no resistance level as of now
You can reach me on the following forums:
Email: ashu@ashudutt.com
Website: http://www.ashudutt.com/
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Blog: http://ashudutt.blogspot.com/
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