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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 2024-05-28 View latest technical analysis

10 day averaged volume of Wipro is 5533735

Date	Daily Closing Price	Open	High	Low	Volume
28 Tue May 2024	456.05	454.00	457.25	453.10	1.426 times
27 Mon May 2024	452.45	462.00	462.15	451.60	3.703 times
24 Fri May 2024	463.65	467.00	470.50	462.00	0.741 times
23 Thu May 2024	465.80	462.50	468.00	461.75	1.19 times
22 Wed May 2024	461.30	462.90	463.45	458.85	0.702 times
21 Tue May 2024	460.90	463.00	464.80	459.70	0.765 times
18 Sat May 2024	462.55	460.70	463.15	459.15	0.079 times
17 Fri May 2024	461.00	464.40	464.40	460.05	0.621 times
16 Thu May 2024	464.45	462.00	467.50	456.10	1.321 times
15 Wed May 2024	458.30	456.35	459.75	454.65	0.433 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 455.1 as stoploss in an intra day buy trade for a target of 459.27. However, stock will show a bearish move below 455.1.

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	451.05
Downside Intraday Target	446.05
Upside Intraday Target	461.6
Upside Intraday Target	467.15
Upside Intraday Target	456.6

Weekly technical analysis of Wipro (WIPRO)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Tue May 2024	456.05	462.00	462.15	451.60	1.509 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Wipro (WIPRO)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Tue May 2024	456.05	462.40	470.50	445.00	0.719 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Wipro ( (WIPRO) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 gaining 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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Wipro in short term but BUY signal is weak.

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 458.51 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 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.