(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.
Showing technical analysis as on 2024-03-04 View latest technical analysis
10 day averaged volume of Wipro is 1834270
Date | Daily Closing Price | Open | High | Low | Volume |
04 Mon Mar 2024 | 6.25 | 6.20 | 6.27 | 6.18 | 0.783 times |
01 Fri Mar 2024 | 6.21 | 6.20 | 6.23 | 6.18 | 0.52 times |
29 Thu Feb 2024 | 6.19 | 6.19 | 6.23 | 6.17 | 0.573 times |
28 Wed Feb 2024 | 6.16 | 6.18 | 6.19 | 6.13 | 0.722 times |
27 Tue Feb 2024 | 6.30 | 6.31 | 6.36 | 6.30 | 0.449 times |
26 Mon Feb 2024 | 6.32 | 6.35 | 6.36 | 6.31 | 0.521 times |
23 Fri Feb 2024 | 6.35 | 6.35 | 6.38 | 6.33 | 0.61 times |
22 Thu Feb 2024 | 6.32 | 6.29 | 6.34 | 6.27 | 0.843 times |
21 Wed Feb 2024 | 6.17 | 6.26 | 6.26 | 6.15 | 0.846 times |
20 Tue Feb 2024 | 6.32 | 6.34 | 6.41 | 6.30 | 2.913 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 6.3 as stoploss in an intra day sell trade for a target of 6.13. However, stock will show a bullish move above 6.3.
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 |
Downside Target | 5.94 |
Downside Target | 6.13 |
Upside Target | 6.27 |
Upside Target | 6.36 |
Upside Target | 6.39 |
Upside Target | 6.41 |
Upside Target | 6.45 |
Intraday share price targets for Wipro (WIT)
Target Type | Value |
Downside Intraday Target | 6.2 |
Downside Intraday Target | 6.14 |
Upside Intraday Target | 6.29 |
Upside Intraday Target | 6.32 |
Downside Intraday Target | 6.23 |
Weekly technical analysis of Wipro (WIT)
Date | Weekly Closing Price | Open | High | Low | Volume |
04 Mon Mar 2024 | 6.25 | 6.20 | 6.27 | 6.18 | 0.281 times |
01 Fri Mar 2024 | 6.21 | 6.35 | 6.36 | 6.13 | 0.534 times |
23 Fri Feb 2024 | 6.35 | 6.34 | 6.41 | 6.15 | 0.99 times |
16 Fri Feb 2024 | 6.43 | 5.97 | 6.45 | 5.94 | 1.2 times |
09 Fri Feb 2024 | 5.86 | 5.77 | 6.01 | 5.73 | 0.802 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 |
04 Mon Mar 2024 | 6.25 | 6.20 | 6.27 | 6.18 | 0.067 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 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 (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 neutral. A longer time frame might give a better analysis.
Price action analysis of Wipro ( (WIT) ) 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 ( (WIT) ) based on a mid to longer 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.
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 but the sell signal is initial and weak.
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 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 but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 6.27 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 positive
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 neutral. A longer time frame might give a better analysis.
Price action analysis of Wipro ( (WIT) ) 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 ( (WIT) ) based on a mid to longer 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.
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 but the sell signal is initial and weak.
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 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 but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 6.27 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.