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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 2024-08-09 View latest technical analysis

10 day averaged volume of Wipro is 6830131

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	491.30	495.35	496.45	489.65	0.444 times
08 Thu Aug 2024	487.30	494.00	494.00	486.35	0.963 times
07 Wed Aug 2024	497.40	498.70	500.10	492.65	0.518 times
06 Tue Aug 2024	489.50	489.75	499.35	486.60	0.825 times
05 Mon Aug 2024	485.00	490.00	495.85	480.25	1.606 times
02 Fri Aug 2024	502.15	515.00	519.25	501.00	1.146 times
01 Thu Aug 2024	521.55	523.00	526.80	517.50	0.788 times
31 Wed Jul 2024	522.00	521.80	524.90	519.45	0.568 times
30 Tue Jul 2024	521.50	524.40	526.95	519.75	0.792 times
29 Mon Jul 2024	524.40	528.00	530.55	522.85	0.879 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 492.1, but if it comes above 492.1, then a intra day buy could be more profitable.
If you take a sell trade below 492.1, then use 492.1 as stoploss and 459.2 as target. However if you take a buy trade in stock , then use 492.1 as stoploss and 519.51 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	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	481
Downside Intraday Target	470.7
Upside Intraday Target	500.85
Upside Intraday Target	510.4
Downside Intraday Target	490.55

Weekly technical analysis of Wipro (WIPRO)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	491.30	490.00	500.10	480.25	1.044 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
09 Fri Aug 2024	491.30	523.00	526.80	480.25	0.18 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 neutral. A longer time frame might give a better analysis.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 losing 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 moving up

CCI has generated a buy signal for Wipro in short term but BUY signal is weak.

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 502.37 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.