Mobile app version of munafa.biz
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(WIT) Wipro complete technical analysis [charts+indicators] | Buy/Sell Wipro | (WIT) share price targets

Complete technical analysis of Wipro (WIT) by charts plus indicators, forecast predictions and share price targets for Wipro (WIT)

Wipro trades in USA in Technology sector.

10 day averaged volume of Wipro is 2751460

Date Daily Closing Price Open High Low Volume
28 Thu Mar 2024 5.75 5.74 5.77 5.73 0.849 times
27 Wed Mar 2024 5.70 5.64 5.70 5.63 1.027 times
26 Tue Mar 2024 5.66 5.68 5.72 5.66 0.635 times
25 Mon Mar 2024 5.67 5.67 5.69 5.63 0.96 times
22 Fri Mar 2024 5.65 5.80 5.83 5.61 1.867 times
21 Thu Mar 2024 5.84 5.87 5.90 5.79 1.448 times
20 Wed Mar 2024 5.95 5.90 5.96 5.88 0.626 times
19 Tue Mar 2024 5.95 5.90 5.95 5.85 0.972 times
18 Mon Mar 2024 6.05 6.07 6.07 6.02 0.473 times
15 Fri Mar 2024 6.13 6.13 6.14 6.11 1.047 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5.8, but if it comes above 5.8, then a intra day buy could be more profitable.
If you take a sell trade below 5.8, then use 5.8 as stoploss and 5.6 as target. However if you take a buy trade in stock , then use 5.8 as stoploss and 5.99 as target.

Share price targets for Wipro (WIT)

Target Type Value
Downside Target 4.49
Downside Target 4.78
Downside Target 4.88
Downside Target 5.32
Downside Target 5.60
Upside Target 5.77
Upside Target 6.00
Upside Target 6.21
Upside Target 6.27
Upside Target 6.36
Upside Target 6.39
Upside Target 6.45

Intraday share price targets for Wipro (WIT)

Target Type Value
Downside Intraday Target 5.66
Downside Intraday Target 5.58
Upside Intraday Target 5.8
Upside Intraday Target 5.86
Downside Intraday Target 5.72

Weekly technical analysis of Wipro (WIT)

Date Weekly Closing Price Open High Low Volume
28 Thu Mar 2024 5.75 5.67 5.77 5.63 0.645 times
22 Fri Mar 2024 5.65 6.07 6.07 5.61 1.422 times
15 Fri Mar 2024 6.13 6.15 6.21 6.00 1.079 times
08 Fri Mar 2024 6.17 6.20 6.27 6.10 1.891 times
01 Fri Mar 2024 6.21 6.35 6.36 6.13 0.534 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 (WIT)

Date Monthly Closing Price Open High Low Volume
28 Thu Mar 2024 5.75 6.20 6.27 5.61 1.269 times
29 Thu Feb 2024 6.19 5.66 6.45 5.63 0.406 times
31 Wed Jan 2024 5.66 5.52 6.39 5.32 2.606 times
29 Fri Dec 2023 5.57 4.82 5.60 4.78 1.112 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 (WIT)

Price action analysis of Wipro ( (WIT) ) 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 ( (WIT) ) 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 ( (WIT) ) 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 ( (WIT) ) 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 Weak and stock is losing 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 and selling is picking up 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 5.81 and Wipro (WIT) 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 (WIT) stock. Volume based technical analysis of Wipro (WIT) 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.

Price action analysis of Wipro ( (WIT) ) 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 ( (WIT) ) 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 ( (WIT) ) 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 ( (WIT) ) 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 Weak and stock is losing 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 and selling is picking up 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 5.81 and Wipro (WIT) 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 (WIT) stock. Volume based technical analysis of Wipro (WIT) 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.

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme