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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 2024-08-28 View latest technical analysis

10 day averaged volume of Wipro is 5944924

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	534.60	520.00	538.10	517.85	2.891 times
27 Tue Aug 2024	517.15	520.00	523.25	516.00	0.67 times
26 Mon Aug 2024	520.00	516.00	524.80	515.95	1.459 times
23 Fri Aug 2024	512.40	519.90	521.45	511.35	0.949 times
22 Thu Aug 2024	519.00	527.80	530.55	518.05	0.967 times
21 Wed Aug 2024	526.35	523.40	528.10	521.05	0.543 times
20 Tue Aug 2024	524.65	519.90	527.60	519.65	0.803 times
19 Mon Aug 2024	519.75	516.00	523.20	513.70	0.964 times
16 Fri Aug 2024	516.25	501.00	517.45	497.95	2.181 times
14 Wed Aug 2024	495.15	493.00	496.85	490.45	0.935 times

Stock of Wipro (WIPRO) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 523.6, but if it comes below 523.6, then a intra day sell could be more profitable.
If you take a sell trade below 523.6, then use 523.6 as stoploss and 508.05 as target. However if you take a buy trade in stock , then use 523.6 as stoploss and 542.2 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	511.35
Downside Target	516.30
Downside Target	517.45
Downside Target	530.55
Upside Target	538.10
Upside Target	579.90

Intraday share price targets for Wipro (WIPRO)

Target Type	Value
Downside Intraday Target	521
Downside Intraday Target	507.4
Upside Intraday Target	543.15
Upside Intraday Target	551.7
Downside Intraday Target	529.55

Weekly technical analysis of Wipro (WIPRO)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	534.60	516.00	538.10	515.95	1.188 times
23 Fri Aug 2024	512.40	516.00	530.55	511.35	0.991 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

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
28 Wed Aug 2024	534.60	523.00	538.10	480.25	0.516 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 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 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 BUY. Signal strength is Strong 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 BUY signal in short term and the buying is gaining 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 520.62 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.