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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 2024-08-20 View latest technical analysis

10 day averaged volume of Wipro is 6083168

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	524.65	519.90	527.60	519.65	0.784 times
19 Mon Aug 2024	519.75	516.00	523.20	513.70	0.942 times
16 Fri Aug 2024	516.25	501.00	517.45	497.95	2.131 times
14 Wed Aug 2024	495.15	493.00	496.85	490.45	0.914 times
13 Tue Aug 2024	490.50	489.05	492.70	487.15	0.517 times
12 Mon Aug 2024	489.05	491.55	494.00	487.40	0.603 times
09 Fri Aug 2024	491.30	495.35	496.45	489.65	0.499 times
08 Thu Aug 2024	487.30	494.00	494.00	486.35	1.082 times
07 Wed Aug 2024	497.40	498.70	500.10	492.65	0.582 times
06 Tue Aug 2024	489.50	489.75	499.35	486.60	0.926 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 519.9, but if it comes below 519.9, then a intra day sell could be more profitable.
If you take a sell trade below 519.9, then use 519.9 as stoploss and 505.49 as target. However if you take a buy trade in stock , then use 519.9 as stoploss and 537.2 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
Downside Target	513.70
Downside Target	516.30
Downside Target	517.45
Upside Target	527.60
Upside Target	528.55
Upside Target	530.55
Upside Target	579.90

Intraday share price targets for Wipro (WIPRO)

Target Type	Value
Downside Intraday Target	516.37
Downside Intraday Target	508.08
Upside Intraday Target	530.27
Upside Intraday Target	535.88
Downside Intraday Target	521.98

Weekly technical analysis of Wipro (WIPRO)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	524.65	516.00	527.60	513.70	0.415 times
16 Fri Aug 2024	516.25	491.55	517.45	487.15	0.852 times
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

Price has moved up 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
20 Tue Aug 2024	524.65	523.00	527.60	480.25	0.33 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 up 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Wipro in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Wipro Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Wipro in short term and BUY 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 503.04 and Wipro (WIPRO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Wipro (WIPRO) stock. Volume based technical analysis of Wipro (WIPRO) stock is negative.

Wipro Stock is giving positive 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.