Wipro (WIT) Bullish Technical Alert - Trend Up 34.1%

Wipro (NYSE:WIT) is trading 2.2% higher (up $0.38 to $17.53) today on volume of 497,169 shares. The stock has traded within a 52-week range of $5.04 and $19.53.

Wipro is currently above its 50-day moving average of $17.29 and above its 200-day moving average of $11.72.

SmarTrend is bullish on shares of WIT and our subscribers received an Uptrend alert on July 17, 2009 at $13.07, which has returned 34.1% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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