Wipro, Mindtree, HDFC Bank: Stock strategy for companies announcing Q4 nos

For Wipro, Rising channel pattern resistance falls at Rs 310 levels. A Golden Crossover on Mindtree chart lead to Rs 1080

Wipro Ltd (WIPRO): The 'Inverse Head and Shoulder' breakout led to a rally towards the recent high of Rs 291.70 levels as per the daily chart. The stock is witnessing positive momentum, as it is well placed above 50-days moving average (DMA) and 100 DMA located at Rs 271.45 and Rs 260.80 levels, respectively. The weekly chart suggests a formation of “Rising Channel Pattern” with downside support for medium-term around Rs 250 levels. The higher side resistance falls at Rs 310, the rally seems to eye this level. CLICK HERE FOR DETAILED CHART
 

Mindtree