(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)
Intraday share price targets for Wipro (Wipro)
|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|
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.