Wipro wiped twice

Stock is falling since 18/03/2010 and volatility escalated with fall. Inspite of that people hasnt give it up. That is apparant from intact volume range.

Stock seeing strong support at 380 and this support is tested twice. The fall halted with dragonfly Doji. Obvious sign of reversal but it ddnt last long and two thirst of uptrend stopped at important level of 38.2 and 61.8. Yea, Fibonacchi works.

Stock is about to test the support third time and you can go short. Take profit of 10.
(This recommendation is solely for future)