TECHNICAL ANALYSIS OF WIPRO 15 FEB 2016

LAST WEEKLY RECOMMENDATION:

MARUTI IS ON FIREEEEEEEEE …!!!!!!!!!!!!

HIT FINAL TGT 3500  MADE LOW OF 3470.55 SELL AT 3750

LOT SIZE: 125

WEEKLY TOTAL PROFIT: 62500 IN JUST TWO LOT

FUTURE :

“BUY WIPRO BELOW 520 TGT 540/580”

“SELL WIPRO BELOW 510 TGT 480/450”

WEEKLY CHART FOR WIPRO:

Wipro acquire HealthPlan Services for USD 460 million .HealthPlan will help us expand in the US market significantly -HealthPlan has over 34 percent market share. Wipro   has signed a definitive agreement to acquire 100 percent stake in Healthplan Services from Water Street Healthcare Partners for USD 460 million. This marks the fourth acquisition by Wipro in the last one year. It is the IT major's largest acquisition in last five years. Wipro  I will expecting a target of Rs 551-545 on the upside. However, one can maintain this short call unless it clears Rs 510 on the downside. It is likely to test lower levels once again."