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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 2024-05-29 View latest technical analysis

10 day averaged volume of Wipro is 6077170

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed May 2024	450.80	454.00	455.50	449.50	0.803 times
28 Tue May 2024	456.05	454.00	457.25	453.10	1.298 times
27 Mon May 2024	452.45	462.00	462.15	451.60	3.372 times
24 Fri May 2024	463.65	467.00	470.50	462.00	0.675 times
23 Thu May 2024	465.80	462.50	468.00	461.75	1.084 times
22 Wed May 2024	461.30	462.90	463.45	458.85	0.639 times
21 Tue May 2024	460.90	463.00	464.80	459.70	0.697 times
18 Sat May 2024	462.55	460.70	463.15	459.15	0.072 times
17 Fri May 2024	461.00	464.40	464.40	460.05	0.566 times
16 Thu May 2024	464.45	462.00	467.50	456.10	1.203 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 448.8, for a target of 454.2 or 458.69

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	446.15
Downside Intraday Target	441.5
Upside Intraday Target	458.8
Upside Intraday Target	466.8
Upside Intraday Target	454.15

Weekly technical analysis of Wipro (WIPRO)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed May 2024	450.80	462.00	462.15	449.50	1.769 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
29 Wed May 2024	450.80	462.40	470.50	445.00	0.754 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Wipro ( (WIPRO) ) based on a short to mid 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.

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 SELL signal for Wipro in short term and the sell signal is strong.

Wipro Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 457.92 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.