I don't want to confuse you, but this is how it looks:
Currently its standing at a point where there is a 50-50% chance of making a loss or profit of 4% from the current levels.
Lets wait for it to take a certain direction first.
Thanks. NO confusion. I am expecting the market to go upto 3520 levels on nifty. So Wipro should support the next move. That is what I am expecting. Ofcourse it should break 525 with good volumes.
Wipro is in a sideways range at present. Opportunities for going long will only be available once it breaches 535 and sustainably moves up. Then buy on dips.