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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 2024-08-05 View latest technical analysis

10 day averaged volume of Wipro is 10957147

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	485.00	490.00	495.85	480.25	1.001 times
02 Fri Aug 2024	502.15	515.00	519.25	501.00	0.714 times
01 Thu Aug 2024	521.55	523.00	526.80	517.50	0.491 times
31 Wed Jul 2024	522.00	521.80	524.90	519.45	0.354 times
30 Tue Jul 2024	521.50	524.40	526.95	519.75	0.494 times
29 Mon Jul 2024	524.40	528.00	530.55	522.85	0.548 times
26 Fri Jul 2024	524.80	510.00	528.55	508.50	1.193 times
25 Thu Jul 2024	506.85	496.00	507.50	493.30	0.999 times
24 Wed Jul 2024	500.10	502.50	506.35	499.85	0.559 times
23 Tue Jul 2024	500.55	508.00	508.00	486.35	1.179 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 476.1, for a target of 504.9 or 528.83

Share price targets for Wipro (WIPRO)

Target Type	Value
Downside Target	417.00
Downside Target	435.10
Downside Target	470.50
Downside Target	480.25
Upside Target	516.30
Upside Target	526.80
Upside Target	528.55
Upside Target	530.00
Upside Target	530.55
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	478.22
Downside Intraday Target	471.43
Upside Intraday Target	493.82
Upside Intraday Target	502.63
Upside Intraday Target	487.03

Weekly technical analysis of Wipro (WIPRO)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	485.00	490.00	495.85	480.25	0.385 times
02 Fri Aug 2024	502.15	528.00	530.55	501.00	0.352 times
26 Fri Jul 2024	524.80	521.00	528.55	486.35	2.056 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

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
05 Mon Aug 2024	485.00	523.00	526.80	480.25	0.101 times
31 Wed Jul 2024	522.00	517.90	579.90	486.35	1.076 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

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 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 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 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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 508.76 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.