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(WIPRO) Wipro complete technical analysis [charts+indicators] | Buy/Sell Wipro | (WIPRO) share price targets

Complete technical analysis of Wipro (WIPRO) by charts plus indicators, forecast predictions and share price targets for Wipro (WIPRO)

Wipro trades in NSE in IT Consulting & Software sector.

Showing technical analysis as on 2024-05-21 View latest technical analysis

10 day averaged volume of Wipro is 3628238

Date	Daily Closing Price	Open	High	Low	Volume
21 Tue May 2024	460.90	463.00	464.80	459.70	1.167 times
18 Sat May 2024	462.55	460.70	463.15	459.15	0.121 times
17 Fri May 2024	461.00	464.40	464.40	460.05	0.948 times
16 Thu May 2024	464.45	462.00	467.50	456.10	2.015 times
15 Wed May 2024	458.30	456.35	459.75	454.65	0.661 times
14 Tue May 2024	456.35	452.70	459.90	452.20	0.677 times
13 Mon May 2024	451.95	451.85	453.25	445.00	0.98 times
10 Fri May 2024	451.85	456.05	457.50	450.30	0.917 times
09 Thu May 2024	455.90	461.75	464.40	454.05	1.272 times
08 Wed May 2024	463.20	465.00	466.40	461.30	1.131 times

My analysis of stock is bullish for shortterm, and stock might move up till 463.5 or till 468. Use a stoploss of 459.84 and if this stock hits its stoploss, then it can fall down till 456.14

Share price targets for Wipro (WIPRO)

Target Type	Value
Downside Target	437.00
Upside Target	467.50
Upside Target	468.00
Upside Target	470.60
Upside Target	471.25
Upside Target	475.80
Upside Target	491.95
Upside Target	526.40
Upside Target	529.00
Upside Target	545.90

Intraday share price targets for Wipro (WIPRO)

Target Type	Value
Downside Intraday Target	458.8
Downside Intraday Target	456.7
Upside Intraday Target	463.9
Upside Intraday Target	466.9
Upside Intraday Target	461.8

Weekly technical analysis of Wipro (WIPRO)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Tue May 2024	460.90	463.00	464.80	459.70	0.216 times
18 Sat May 2024	462.55	451.85	467.50	445.00	0.973 times
10 Fri May 2024	451.85	458.80	466.40	450.30	0.987 times
03 Fri May 2024	457.35	467.65	468.00	453.20	0.597 times
26 Fri Apr 2024	464.60	452.75	475.80	450.00	0.899 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Wipro (WIPRO)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Tue May 2024	460.90	462.40	467.50	445.00	0.408 times
30 Tue Apr 2024	462.40	483.70	491.95	437.00	1.24 times
28 Thu Mar 2024	480.10	522.40	526.40	471.25	0.62 times
29 Thu Feb 2024	518.60	477.55	545.90	470.60	0.753 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Wipro (WIPRO)

Price action analysis of Wipro ( (WIPRO) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Wipro ( (WIPRO) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Wipro ( (WIPRO) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Wipro stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Wipro in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Wipro Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Wipro in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Wipro is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 459.06 and Wipro (WIPRO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Wipro (WIPRO) stock. Volume based technical analysis of Wipro (WIPRO) stock is negative.

Wipro Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.