Wipro ltd Symbol: WIPRO Suggestion: Buy, Target Rs. 400 Open             348.00 High              378.75 Low               345.00 Last Price    374.50 Fig. 1: Price movement - Wipro The stock price of Wipro is currently as shown in Fig. 1. This particular figure also shows 3 major SMAs, for which the colour coding is given below Orange – SMA(4) Brown – SMA(9) Red – SMA(18) Note: SMA(n) means a Simple Moving Average of n days. As the SMA(4) is above the other SMAs, it clearly indicates that the Bulls are in action and thus this is the season to buy the stock. However, the rate at which...