(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 2024-04-01 View latest technical analysis
10 day averaged volume of Wipro is 2725300
Date | Daily Closing Price | Open | High | Low | Volume |
01 Mon Apr 2024 | 5.66 | 5.76 | 5.77 | 5.64 | 0.634 times |
28 Thu Mar 2024 | 5.75 | 5.74 | 5.77 | 5.73 | 0.857 times |
27 Wed Mar 2024 | 5.70 | 5.64 | 5.70 | 5.63 | 1.037 times |
26 Tue Mar 2024 | 5.66 | 5.68 | 5.72 | 5.66 | 0.641 times |
25 Mon Mar 2024 | 5.67 | 5.67 | 5.69 | 5.63 | 0.969 times |
22 Fri Mar 2024 | 5.65 | 5.80 | 5.83 | 5.61 | 1.885 times |
21 Thu Mar 2024 | 5.84 | 5.87 | 5.90 | 5.79 | 1.462 times |
20 Wed Mar 2024 | 5.95 | 5.90 | 5.96 | 5.88 | 0.632 times |
19 Tue Mar 2024 | 5.95 | 5.90 | 5.95 | 5.85 | 0.981 times |
18 Mon Mar 2024 | 6.05 | 6.07 | 6.07 | 6.02 | 0.478 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 5.5 as target. However if you take a buy trade in stock , then use 5.8 as stoploss and 5.96 as target.
Share price targets for Wipro (WIT)
Target Type | Value |
Downside Target | 4.78 |
Downside Target | 5.32 |
Downside Target | 5.60 |
Upside Target | 5.77 |
Upside Target | 6.00 |
Upside Target | 6.07 |
Upside Target | 6.10 |
Upside Target | 6.21 |
Upside Target | 6.27 |
Upside Target | 6.39 |
Upside Target | 6.45 |
Intraday share price targets for Wipro (WIT)
Target Type | Value |
Downside Intraday Target | 5.61 |
Downside Intraday Target | 5.56 |
Upside Intraday Target | 5.74 |
Upside Intraday Target | 5.82 |
Upside Intraday Target | 5.69 |
Weekly technical analysis of Wipro (WIT)
Date | Weekly Closing Price | Open | High | Low | Volume |
01 Mon Apr 2024 | 5.66 | 5.76 | 5.77 | 5.64 | 0.181 times |
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 |
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 |
01 Mon Apr 2024 | 5.66 | 5.76 | 5.77 | 5.64 | 0.038 times |
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 |
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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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.
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 coming down
CCI has generated a SELL signal for Wipro in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 5.77 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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.
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 coming down
CCI has generated a SELL signal for Wipro in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 5.77 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.