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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 2024-07-22 View latest technical analysis

10 day averaged volume of Wipro is 9117156

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	505.80	521.00	526.75	501.55	4.169 times
19 Fri Jul 2024	557.20	579.90	579.90	554.70	1.455 times
18 Thu Jul 2024	573.20	556.55	574.40	556.35	1.372 times
16 Tue Jul 2024	559.70	561.85	562.60	556.40	0.616 times
15 Mon Jul 2024	559.70	566.90	566.90	556.15	0.883 times
12 Fri Jul 2024	560.15	545.00	564.80	541.55	2.972 times
11 Thu Jul 2024	534.10	536.70	539.55	530.00	0.483 times
10 Wed Jul 2024	535.55	541.00	543.35	531.75	0.506 times
09 Tue Jul 2024	541.00	544.00	544.95	537.60	0.476 times
08 Mon Jul 2024	541.20	535.95	543.00	535.00	0.668 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 509.2, but if it comes above 509.2, then a intra day buy could be more profitable.
If you take a sell trade below 509.2, then use 509.2 as stoploss and 481.4 as target. However if you take a buy trade in stock , then use 509.2 as stoploss and 532.31 as target.

Share price targets for Wipro (WIPRO)

Target Type	Value
Downside Target	417.00
Downside Target	435.10
Downside Target	470.50
Downside Target	489.20
Upside Target	514.10
Upside Target	526.75
Upside Target	530.00
Upside Target	548.80
Upside Target	554.70
Upside Target	564.80
Upside Target	579.90

Intraday share price targets for Wipro (WIPRO)

Target Type	Value
Downside Intraday Target	495.98
Downside Intraday Target	486.17
Upside Intraday Target	521.18
Upside Intraday Target	536.57
Upside Intraday Target	511.37

Weekly technical analysis of Wipro (WIPRO)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	505.80	521.00	526.75	501.55	0.964 times
19 Fri Jul 2024	557.20	566.90	579.90	554.70	0.847 times
12 Fri Jul 2024	560.15	535.95	564.80	530.00	0.824 times
05 Fri Jul 2024	535.10	517.90	548.80	514.10	1.248 times
28 Fri Jun 2024	514.85	490.10	516.30	489.20	0.564 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
22 Mon Jul 2024	505.80	517.90	579.90	501.55	0.813 times
28 Fri Jun 2024	514.85	450.20	516.30	417.00	1.773 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

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 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 mid to longer 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.

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

MACD generated a SELL signal for Wipro in short term but the sell 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 green color and prices are in or below the green 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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 541 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 positive

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