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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 2024-08-29 View latest technical analysis

10 day averaged volume of Wipro is 7349231

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	538.70	535.00	541.95	534.05	1.747 times
28 Wed Aug 2024	534.60	520.00	538.10	517.85	2.339 times
27 Tue Aug 2024	517.15	520.00	523.25	516.00	0.542 times
26 Mon Aug 2024	520.00	516.00	524.80	515.95	1.18 times
23 Fri Aug 2024	512.40	519.90	521.45	511.35	0.767 times
22 Thu Aug 2024	519.00	527.80	530.55	518.05	0.782 times
21 Wed Aug 2024	526.35	523.40	528.10	521.05	0.439 times
20 Tue Aug 2024	524.65	519.90	527.60	519.65	0.649 times
19 Mon Aug 2024	519.75	516.00	523.20	513.70	0.78 times
16 Fri Aug 2024	516.25	501.00	517.45	497.95	1.764 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 545.6, for a target of 525.6 or 508.89

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	541.95
Upside Target	579.90

Intraday share price targets for Wipro (WIPRO)

Target Type	Value
Downside Intraday Target	522.45
Downside Intraday Target	506.2
Upside Intraday Target	548.45
Upside Intraday Target	558.2
Downside Intraday Target	532.2

Weekly technical analysis of Wipro (WIPRO)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	538.70	516.00	541.95	515.95	1.699 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Wipro (WIPRO)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	538.70	523.00	541.95	480.25	0.57 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 but buying is losing 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 525.25 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.