(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 2024-03-06 View latest technical analysis
10 day averaged volume of Wipro is 1252920
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Mar 2024 | 6.10 | 6.15 | 6.17 | 6.10 | 2.08 times |
| 05 Tue Mar 2024 | 6.11 | 6.15 | 6.17 | 6.11 | 1.41 times |
| 04 Mon Mar 2024 | 6.25 | 6.20 | 6.27 | 6.18 | 1.147 times |
| 01 Fri Mar 2024 | 6.21 | 6.20 | 6.23 | 6.18 | 0.762 times |
| 29 Thu Feb 2024 | 6.19 | 6.19 | 6.23 | 6.17 | 0.839 times |
| 28 Wed Feb 2024 | 6.16 | 6.18 | 6.19 | 6.13 | 1.056 times |
| 27 Tue Feb 2024 | 6.30 | 6.31 | 6.36 | 6.30 | 0.657 times |
| 26 Mon Feb 2024 | 6.32 | 6.35 | 6.36 | 6.31 | 0.763 times |
| 23 Fri Feb 2024 | 6.35 | 6.35 | 6.38 | 6.33 | 0.893 times |
| 22 Thu Feb 2024 | 6.32 | 6.29 | 6.34 | 6.27 | 1.235 times |
Stock of Wipro (WIT) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 6 or till 5.8. Use a stoploss of 6.16 and if the stock hits stoploss, then it can shoot up till 6.32
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 |
| 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 | 6.04 |
| Downside Intraday Target | 5.99 |
| Upside Intraday Target | 6.21 |
| Upside Intraday Target | 6.33 |
| Upside Intraday Target | 6.16 |
Weekly technical analysis of Wipro (WIT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Mar 2024 | 6.10 | 6.20 | 6.27 | 6.10 | 1.137 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 down 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 |
| 06 Wed Mar 2024 | 6.10 | 6.20 | 6.27 | 6.10 | 0.189 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 neutral. A longer time frame might give a better analysis.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Wipro in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 6.21 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 neutral. A longer time frame might give a better analysis.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Wipro in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 6.21 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.