(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 2023-02-02 View latest technical analysis
10 day averaged volume of Wipro is 231641
Date | Daily Closing Price | Open | High | Low | Volume |
02 Thu Feb 2023 | 409.10 | 400.00 | 410.00 | 400.00 | 3.13 times |
01 Wed Feb 2023 | 402.55 | 400.05 | 403.90 | 398.40 | 0.878 times |
31 Tue Jan 2023 | 398.80 | 400.05 | 402.30 | 397.55 | 1.001 times |
30 Mon Jan 2023 | 402.40 | 398.00 | 404.70 | 395.40 | 0.765 times |
27 Fri Jan 2023 | 398.00 | 399.05 | 403.45 | 394.30 | 0.505 times |
25 Wed Jan 2023 | 401.40 | 404.30 | 405.95 | 400.05 | 0.892 times |
24 Tue Jan 2023 | 406.25 | 409.00 | 410.35 | 405.15 | 1.172 times |
23 Mon Jan 2023 | 406.85 | 404.05 | 407.70 | 402.50 | 1.922 times |
20 Fri Jan 2023 | 403.15 | 402.15 | 405.45 | 401.40 | 0.926 times |
19 Thu Jan 2023 | 403.35 | 402.00 | 403.90 | 398.70 | 1.241 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 405, but if it comes below 405, then a intra day sell could be more profitable.
If you take a sell trade below 405, then use 405 as stoploss and 398.29 as target. However if you take a buy trade in stock , then use 405 as stoploss and 413 as target.
Share price targets for Wipro (Wipro)
Target Type | Value |
Downside Target | 376.00 |
Downside Target | 398.40 |
Downside Target | 405.45 |
Upside Target | 409.45 |
Upside Target | 410.00 |
Upside Target | 410.35 |
Upside Target | 416.35 |
Upside Target | 417.90 |
Intraday share price targets for Wipro (Wipro)
Target Type | Value |
Downside Intraday Target | 399.67 |
Downside Intraday Target | 390.23 |
Upside Intraday Target | 414.27 |
Upside Intraday Target | 419.43 |
Downside Intraday Target | 404.83 |
Weekly technical analysis of Wipro (Wipro)
Date | Weekly Closing Price | Open | High | Low | Volume |
02 Thu Feb 2023 | 409.10 | 398.00 | 410.00 | 395.40 | 1.286 times |
27 Fri Jan 2023 | 398.00 | 404.05 | 410.35 | 394.30 | 0.77 times |
20 Fri Jan 2023 | 403.15 | 394.00 | 405.45 | 389.80 | 0.677 times |
13 Fri Jan 2023 | 393.65 | 385.50 | 397.70 | 385.00 | 0.952 times |
06 Fri Jan 2023 | 382.15 | 392.75 | 397.85 | 381.50 | 1.099 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 |
02 Thu Feb 2023 | 409.10 | 400.05 | 410.00 | 398.40 | 0.135 times |
31 Tue Jan 2023 | 398.80 | 392.75 | 410.35 | 381.50 | 0.969 times |
30 Fri Dec 2022 | 392.80 | 412.00 | 416.35 | 376.30 | 0.459 times |
30 Wed Nov 2022 | 406.95 | 388.00 | 409.45 | 384.75 | 1.528 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)
Indicator Name | Indicator Value | Indicator Signal |
ADX | 25, 15, 23 | Buy |
MACD | 5, 4 | Buy |
Stochastics | 58 | None |
CCI | 104 | Buy |
RSI | 53 | Buy |
OBV | 960169 | Sell |
VWAP | 405 | Buy |
ADL | 0 | Sell |
ROC | 1 | Buy |
Force Index | 0 | 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 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
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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 positive zone. This is a BUY zone
Stock of Wipro is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 404.76 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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