(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 2024-08-29 View latest technical analysis
10 day averaged volume of Wipro is 1193130
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 6.44 | 6.36 | 6.50 | 6.36 | 1.387 times |
| 28 Wed Aug 2024 | 6.36 | 6.30 | 6.39 | 6.30 | 2.328 times |
| 27 Tue Aug 2024 | 6.18 | 6.17 | 6.20 | 6.15 | 0.701 times |
| 26 Mon Aug 2024 | 6.19 | 6.15 | 6.20 | 6.15 | 0.629 times |
| 23 Fri Aug 2024 | 6.13 | 6.11 | 6.18 | 6.09 | 1.058 times |
| 22 Thu Aug 2024 | 6.14 | 6.13 | 6.18 | 6.13 | 1.049 times |
| 21 Wed Aug 2024 | 6.26 | 6.17 | 6.28 | 6.17 | 0.784 times |
| 20 Tue Aug 2024 | 6.17 | 6.14 | 6.20 | 6.14 | 0.802 times |
| 19 Mon Aug 2024 | 6.15 | 6.09 | 6.17 | 6.09 | 1.144 times |
| 16 Fri Aug 2024 | 6.06 | 6.01 | 6.08 | 6.01 | 0.873 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 6.5, for a target of 6.2 or 6.02
Share price targets for Wipro (WIT)
| Target Type | Value |
| Downside Target | 5.09 |
| Downside Target | 5.50 |
| Downside Target | 5.76 |
| Downside Target | 6.08 |
| Downside Target | 6.09 |
| Downside Target | 6.14 |
| Downside Target | 6.15 |
| Downside Target | 6.25 |
| Downside Target | 6.28 |
| Upside Target | 6.50 |
| Upside Target | 7.01 |
Intraday share price targets for Wipro (WIT)
| Target Type | Value |
| Downside Intraday Target | 6.23 |
| Downside Intraday Target | 6.01 |
| Upside Intraday Target | 6.58 |
| Upside Intraday Target | 6.71 |
| Downside Intraday Target | 6.36 |
Weekly technical analysis of Wipro (WIT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 6.44 | 6.15 | 6.50 | 6.15 | 1.043 times |
| 23 Fri Aug 2024 | 6.13 | 6.09 | 6.28 | 6.09 | 1.231 times |
| 16 Fri Aug 2024 | 6.06 | 5.80 | 6.08 | 5.76 | 0.532 times |
| 09 Fri Aug 2024 | 5.86 | 5.57 | 5.92 | 5.50 | 0.921 times |
| 02 Fri Aug 2024 | 5.92 | 6.20 | 6.25 | 5.85 | 0.769 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 |
| 29 Thu Aug 2024 | 6.44 | 6.13 | 6.50 | 5.50 | 0.454 times |
| 31 Wed Jul 2024 | 6.16 | 6.17 | 7.01 | 5.86 | 1.033 times |
| 28 Fri Jun 2024 | 6.10 | 5.21 | 6.14 | 5.15 | 1.131 times |
| 31 Fri May 2024 | 5.15 | 5.37 | 5.51 | 5.09 | 0.596 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 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 short 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Wipro in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Wipro in short term and BUY signal is strong.
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 6.24 and Wipro (WIT) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Wipro (WIT) stock. Volume based technical analysis of Wipro (WIT) stock is negative.
Wipro Stock is giving positive 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 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 short 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Wipro in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Wipro in short term and BUY signal is strong.
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 6.24 and Wipro (WIT) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Wipro (WIT) stock. Volume based technical analysis of Wipro (WIT) stock is negative.
Wipro Stock is giving positive 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.