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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 2024-06-04 View latest technical analysis

10 day averaged volume of Wipro is 7762755

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	438.15	445.90	445.90	417.00	1.142 times
03 Mon Jun 2024	444.10	450.20	450.55	441.55	0.577 times
31 Fri May 2024	438.20	437.55	442.15	435.50	1.381 times
30 Thu May 2024	436.95	449.00	449.50	435.10	1.335 times
29 Wed May 2024	450.80	454.00	455.50	449.50	0.628 times
28 Tue May 2024	456.05	454.00	457.25	453.10	1.016 times
27 Mon May 2024	452.45	462.00	462.15	451.60	2.64 times
24 Fri May 2024	463.65	467.00	470.50	462.00	0.529 times
23 Thu May 2024	465.80	462.50	468.00	461.75	0.848 times
22 Wed May 2024	461.30	462.90	463.45	458.85	0.5 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 435.1, for a target of 445.8 or 454.7

Share price targets for Wipro (WIPRO)

Target Type	Value
Downside Target	417.00
Downside Target	435.10
Upside Target	466.40
Upside Target	467.50
Upside Target	470.50
Upside Target	470.60
Upside Target	471.25
Upside Target	491.95
Upside Target	526.40
Upside Target	545.90

Intraday share price targets for Wipro (WIPRO)

Target Type	Value
Downside Intraday Target	419.92
Downside Intraday Target	401.68
Upside Intraday Target	453.47
Upside Intraday Target	468.78
Downside Intraday Target	435.23

Weekly technical analysis of Wipro (WIPRO)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	438.15	450.20	450.55	417.00	0.246 times
31 Fri May 2024	438.20	462.00	462.15	435.10	2.89 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

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
04 Tue Jun 2024	438.15	450.20	450.55	417.00	0.107 times
31 Fri May 2024	438.20	462.40	470.50	435.10	0.907 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

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 Strong 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 weakening, and bulls 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 448.94 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.