Wipro is headed for its 2011-13 low levels. If that does not hold (Rs. 314) then a disastrous 2009 low of Rs. 100 may be seen. Global cues not favourable for all IT and Wipro (along with Infosys) are NOT good investments to stay in.
Exit. Enter only if signals change dramatically.
A fall from Rs. 600 is a deadly side – wherever the stock finds support.