TECHNICAL ANALYSIS FOR WIPRO AND DAILY CHART

FUTURE :

“BULLISH WIPRO ABOVE 573 TGT  580/585”

“BEARISH WIPRO BELOW 570 TGT 565/560”

DAILY CHAT FOR WIPRO:

DAILY SUPPORT AND RESISTANCE FOR WIPRO:

Daily	R5	R4	R3	R2	R1	BULL	LOC	BEAR	S1	S2	S3	S4	S5
levels	587	583	578	574	573	571	569	566	565	563	560	555	550

MARKET SUMMARY FOR 19 NOV 2015

Nifty Future closed the day on flat note but held on to the 7800 region on declines and till such time that this level is breached decisively, chances of pull back are there. The 7880-7900 remains the critical resistance and the bulls must absorb the supply in this region and move decisively above this zone for any show of strength. On the lower side, 7835 is the immediate support. 7810-7800, 7775-7790 are important support zones and weakness will be signaled if breached. 7725 is a key support and if taken out may bring in panic supplies and may lead to 7705, 7665 levels. Benchmark indices closed on a flat note on Monday after swinging between minor gains and losses for most of the trading session as sentiment turned cautious ahead of the expiry of derivative contracts in a holiday-shortened week. Sensex closed 49 points down at 25819., while Nifty closed 8 points down at 7853.

TOP GAINERS AND LOSERS ARE:

Top Gainers:

HERO MOTOCORP(3.2%), BAJAJ AUTO(2.2%), DR. REDDYS LAB (1.6%), LUPIN (1.5%), GAIL (0.9%)
Top Losers:

HINDALCO (3.8%), VEDANTA (3.2%), TATA STEEL(2.4%), ITC (2.3%),NTPC(0.9%)