(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 2024-03-11 View latest technical analysis
10 day averaged volume of Wipro is 1476390
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Mon Mar 2024 | 6.13 | 6.15 | 6.17 | 6.13 | 1.004 times |
| 08 Fri Mar 2024 | 6.17 | 6.20 | 6.22 | 6.15 | 1.343 times |
| 07 Thu Mar 2024 | 6.19 | 6.17 | 6.20 | 6.14 | 1.264 times |
| 06 Wed Mar 2024 | 6.10 | 6.15 | 6.17 | 6.10 | 1.765 times |
| 05 Tue Mar 2024 | 6.11 | 6.15 | 6.17 | 6.11 | 1.196 times |
| 04 Mon Mar 2024 | 6.25 | 6.20 | 6.27 | 6.18 | 0.973 times |
| 01 Fri Mar 2024 | 6.21 | 6.20 | 6.23 | 6.18 | 0.647 times |
| 29 Thu Feb 2024 | 6.19 | 6.19 | 6.23 | 6.17 | 0.712 times |
| 28 Wed Feb 2024 | 6.16 | 6.18 | 6.19 | 6.13 | 0.896 times |
| 27 Tue Feb 2024 | 6.30 | 6.31 | 6.36 | 6.30 | 0.558 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 6.1 as stoploss in an intra day buy trade for a target of 6.2. However, stock will show a bearish move below 6.1.
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 | 6.10 |
| 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 | 6.12 |
| Downside Intraday Target | 6.1 |
| Upside Intraday Target | 6.16 |
| Upside Intraday Target | 6.18 |
| Upside Intraday Target | 6.14 |
Weekly technical analysis of Wipro (WIT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Mon Mar 2024 | 6.13 | 6.15 | 6.17 | 6.13 | 0.153 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 |
| 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 |
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 |
| 11 Mon Mar 2024 | 6.13 | 6.20 | 6.27 | 6.10 | 0.338 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 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 ( (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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 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 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 6.17 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 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 ( (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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 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 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 6.17 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.