Clearly, We have seen the daily chart of Wipro is in bullish mode & trading the above 50 EMA. Also on other TFs the stock is yet to complete the 50 EMA.
Nevertheless stock has shown good momentum & can be taken for long entry above 215. The Target zone is set as indicated around 235. So add the stock in your watch list to check the levels. Once the level of 237 breach & sustain the level , the target is 250.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .kindly follow & like for more educational ideas.
(In market, everything works sometimes and nothing works always.)