(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)
10 day averaged volume of Wipro is 649665
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri May 2022 | 459.60 | 461.00 | 462.15 | 455.00 | 1.193 times |
| 19 Thu May 2022 | 451.35 | 465.00 | 472.90 | 450.10 | 1.427 times |
| 18 Wed May 2022 | 481.25 | 492.60 | 495.30 | 480.65 | 1.179 times |
| 17 Tue May 2022 | 486.80 | 470.45 | 489.00 | 468.00 | 0.808 times |
| 16 Mon May 2022 | 468.20 | 475.95 | 475.95 | 465.00 | 0.207 times |
| 13 Fri May 2022 | 468.55 | 480.60 | 480.60 | 466.90 | 1.213 times |
| 12 Thu May 2022 | 473.80 | 467.00 | 475.75 | 462.15 | 0.387 times |
| 11 Wed May 2022 | 471.20 | 479.40 | 482.10 | 462.30 | 1.58 times |
| 10 Tue May 2022 | 477.85 | 482.30 | 483.80 | 476.55 | 0.954 times |
| 09 Mon May 2022 | 483.50 | 480.50 | 489.45 | 474.55 | 1.424 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 467.7, but if it comes above 467.7, then a intra day buy could be more profitable.
If you take a sell trade below 467.7, then use 467.7 as stoploss and 438.3 as target. However if you take a buy trade in stock , then use 467.7 as stoploss and 492.14 as target.
Share price targets for Wipro (Wipro)
| Target Type | Value |
| Downside Target | 450.10 |
| Upside Target | 462.15 |
| Upside Target | 481.10 |
| Upside Target | 507.25 |
| Upside Target | 519.00 |
| Upside Target | 538.35 |
| Upside Target | 550.00 |
| Upside Target | 550.30 |
| Upside Target | 589.80 |
| Upside Target | 609.40 |
| Upside Target | 615.90 |
| Upside Target | 726.70 |
Intraday share price targets for Wipro (Wipro)
| Target Type | Value |
| Downside Intraday Target | 441.37 |
| Downside Intraday Target | 423.13 |
| Upside Intraday Target | 486.57 |
| Upside Intraday Target | 513.53 |
| Upside Intraday Target | 468.33 |
Weekly technical analysis of Wipro (Wipro)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri May 2022 | 459.60 | 475.95 | 495.30 | 450.10 | 0.866 times |
| 13 Fri May 2022 | 468.55 | 480.50 | 489.45 | 462.15 | 0.744 times |
| 06 Fri May 2022 | 485.40 | 512.10 | 519.00 | 481.10 | 1.407 times |
| 29 Fri Apr 2022 | 509.00 | 530.00 | 538.35 | 507.25 | 1.338 times |
| 22 Fri Apr 2022 | 537.85 | 550.00 | 550.00 | 526.00 | 1.439 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 |
| 20 Fri May 2022 | 459.60 | 512.10 | 519.00 | 450.10 | 1.191 times |
| 29 Fri Apr 2022 | 509.00 | 591.60 | 609.40 | 507.25 | 1.141 times |
| 31 Thu Mar 2022 | 592.00 | 556.25 | 615.90 | 550.30 | 0.765 times |
| 28 Mon Feb 2022 | 555.85 | 579.95 | 589.80 | 530.50 | 0.72 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 12, 38, 51 | Sell |
| MACD | -46, -45 | Sell |
| Stochastics | 23 | Sell |
| CCI | -127 | Buy |
| RSI | 42 | Sell |
| OBV | -8113416 | Sell |
| VWAP | 472 | Sell |
| ADL | 0 | Sell |
| ROC | -5 | Sell |
| Force Index | 0 | Sell |
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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 and the sell signal is strong.
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 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 but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 471.52 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.
Click here for further forecast and predictions for tomorrow