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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)

Showing technical analysis as on 2022-06-23 View latest technical analysis

10 day averaged volume of Wipro is 587778

Date Daily Closing Price Open High Low Volume
23 Thu Jun 2022 419.35 414.35 421.00 411.30 0.614 times
22 Wed Jun 2022 411.25 423.95 423.95 410.40 0.821 times
21 Tue Jun 2022 425.25 420.00 426.85 416.65 0.42 times
20 Mon Jun 2022 414.50 409.60 417.90 404.15 1.223 times
17 Fri Jun 2022 405.20 420.00 420.00 402.10 2.566 times
16 Thu Jun 2022 422.40 446.80 446.80 420.00 1.064 times
15 Wed Jun 2022 440.20 449.10 450.65 439.25 0.627 times
14 Tue Jun 2022 444.95 440.80 453.75 438.40 0.993 times
13 Mon Jun 2022 446.25 450.50 453.15 445.50 0.618 times
10 Fri Jun 2022 460.90 468.65 468.65 456.40 1.005 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 425.8, but if it comes above 425.8, then a intra day buy could be more profitable.
If you take a sell trade below 425.8, then use 425.8 as stoploss and 395.6 as target. However if you take a buy trade in stock , then use 425.8 as stoploss and 450.94 as target.

Share price targets for Wipro (Wipro)

Target Type Value
Downside Target 402.10
Upside Target 426.85
Upside Target 443.15
Upside Target 453.75
Upside Target 468.20
Upside Target 488.00
Upside Target 507.25
Upside Target 519.00
Upside Target 530.50
Upside Target 550.30
Upside Target 589.80
Upside Target 609.40
Upside Target 615.90

Intraday share price targets for Wipro (Wipro)

Target Type Value
Downside Intraday Target 406.72
Downside Intraday Target 394.08
Upside Intraday Target 429.42
Upside Intraday Target 439.48
Downside Intraday Target 416.78

Weekly technical analysis of Wipro (Wipro)

Date Weekly Closing Price Open High Low Volume
23 Thu Jun 2022 419.35 409.60 426.85 404.15 0.524 times
17 Fri Jun 2022 405.20 450.50 453.75 402.10 1.732 times
10 Fri Jun 2022 460.90 472.50 476.20 456.40 0.436 times
03 Fri Jun 2022 475.70 473.75 488.00 468.20 1.392 times
27 Fri May 2022 466.95 467.20 469.40 443.15 1.05 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
23 Thu Jun 2022 419.35 478.30 488.00 402.10 0.646 times
31 Tue May 2022 478.25 512.10 519.00 443.15 1.665 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

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 13, 35, 47 Sell
MACD -39, -36Sell
Stochastics 23Sell
CCI -58Buy
RSI 39Sell
OBV 1125853Sell
VWAP 425Sell
ADL 0Sell
ROC -12Sell
Force Index 0Sell

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 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 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.

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 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 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 424.75 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.

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Click here for further forecast and predictions for tomorrow

Daily charts

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