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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 2024-07-23 View latest technical analysis

10 day averaged volume of Wipro is 12399080

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	500.55	508.00	508.00	486.35	1.042 times
22 Mon Jul 2024	505.80	521.00	526.75	501.55	3.065 times
19 Fri Jul 2024	557.20	579.90	579.90	554.70	1.07 times
18 Thu Jul 2024	573.20	556.55	574.40	556.35	1.009 times
16 Tue Jul 2024	559.70	561.85	562.60	556.40	0.453 times
15 Mon Jul 2024	559.70	566.90	566.90	556.15	0.649 times
12 Fri Jul 2024	560.15	545.00	564.80	541.55	2.185 times
11 Thu Jul 2024	534.10	536.70	539.55	530.00	0.355 times
10 Wed Jul 2024	535.55	541.00	543.35	531.75	0.372 times
09 Tue Jul 2024	541.00	544.00	544.95	537.60	0.35 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 510.5, but if it comes above 510.5, then a intra day buy could be more profitable.
If you take a sell trade below 510.5, then use 510.5 as stoploss and 483.7 as target. However if you take a buy trade in stock , then use 510.5 as stoploss and 532.81 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	486.35
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	482.35
Downside Intraday Target	464.15
Upside Intraday Target	522.75
Upside Intraday Target	544.95
Upside Intraday Target	504.55

Weekly technical analysis of Wipro (WIPRO)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	500.55	521.00	526.75	486.35	1.291 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
23 Tue Jul 2024	500.55	517.90	579.90	486.35	0.871 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 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 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 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 Strong and stock is gaining momentum.

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

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 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 but selling is losing 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 536.99 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.