P&F analysis: Wipro

Wipro: New high possible
Date: 31st August 2014


Wipro seems set to record new high soon.

Medium term traders can trade longs with stops placed at 549 levels.

Wipro 0.25% x 3 cl  Point and Figure Chart

Wipro 1% x 3 cl  Point and Figure Chart

- Prashant Shah

P&F analysis: Rel Infra

Rel infra: 45 degree triangle
Date: 26th August 2014

Triangle in 1% P&F chart with pattern on daily candlestick chart

Closing price: 702.85

Target: 640 - 625

Stoploss - 735

Rel infra 1% x 3 cl Point and Figure chart

- Prashant Shah

P&F analysis: DLF

DLF: Lower counts got activated
Date: 25th August 2014

Closing price: 190

Target: 175 - 170

Stoploss - 203

DLF 1% x 3 cl Point and Figure chart

- Prashant Shah