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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 2024-05-27 View latest technical analysis

10 day averaged volume of Wipro is 3840127

Date	Daily Closing Price	Open	High	Low	Volume
27 Mon May 2024	452.45	462.00	462.15	451.60	5.336 times
24 Fri May 2024	463.65	467.00	470.50	462.00	1.068 times
23 Thu May 2024	465.80	462.50	468.00	461.75	1.715 times
22 Wed May 2024	461.30	462.90	463.45	458.85	1.011 times
21 Tue May 2024	460.90	463.00	464.80	459.70	1.102 times
18 Sat May 2024	462.55	460.70	463.15	459.15	0.115 times
17 Fri May 2024	461.00	464.40	464.40	460.05	0.895 times
16 Thu May 2024	464.45	462.00	467.50	456.10	1.904 times
15 Wed May 2024	458.30	456.35	459.75	454.65	0.624 times
14 Tue May 2024	456.35	452.70	459.90	452.20	0.639 times

Stock of Wipro (WIPRO) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 455.4, but if it comes above 455.4, then a intra day buy could be more profitable.
If you take a sell trade below 455.4, then use 455.4 as stoploss and 450.4 as target. However if you take a buy trade in stock , then use 455.4 as stoploss and 459.62 as target.

Share price targets for Wipro (WIPRO)

Target Type	Value
Downside Target	437.00
Upside Target	468.00
Upside Target	470.50
Upside Target	470.60
Upside Target	471.25
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	448.65
Downside Intraday Target	444.85
Upside Intraday Target	459.2
Upside Intraday Target	465.95
Upside Intraday Target	455.4

Weekly technical analysis of Wipro (WIPRO)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Mon May 2024	452.45	462.00	462.15	451.60	1.09 times
24 Fri May 2024	463.65	463.00	470.50	458.85	0.96 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

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
27 Mon May 2024	452.45	462.40	470.50	445.00	0.662 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Wipro ( (WIPRO) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 SELL. Signal strength is Weak and stock is losing momentum.

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

Wipro Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Wipro in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 458.76 and Wipro (WIPRO) stock is trading below this level. This means that stock is falling with high volumes. 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 is giving positive 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.