(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 2024-10-16 View latest technical analysis
10 day averaged volume of Wipro is 1879730
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Wed Oct 2024 | 6.42 | 6.39 | 6.46 | 6.39 | 1.066 times |
| 15 Tue Oct 2024 | 6.38 | 6.40 | 6.42 | 6.37 | 1.706 times |
| 14 Mon Oct 2024 | 6.60 | 6.52 | 6.61 | 6.52 | 0.836 times |
| 11 Fri Oct 2024 | 6.37 | 6.30 | 6.38 | 6.28 | 0.833 times |
| 10 Thu Oct 2024 | 6.27 | 6.28 | 6.33 | 6.23 | 1.396 times |
| 09 Wed Oct 2024 | 6.42 | 6.36 | 6.43 | 6.34 | 0.676 times |
| 08 Tue Oct 2024 | 6.37 | 6.31 | 6.38 | 6.27 | 1.172 times |
| 07 Mon Oct 2024 | 6.39 | 6.36 | 6.42 | 6.34 | 0.494 times |
| 04 Fri Oct 2024 | 6.44 | 6.44 | 6.46 | 6.42 | 1.021 times |
| 03 Thu Oct 2024 | 6.38 | 6.33 | 6.40 | 6.31 | 1.013 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 6.4 as stoploss in an intra day buy trade for a target of 6.45. However, stock will show a bearish move below 6.4.
Share price targets for Wipro (WIT)
| Target Type | Value |
| Downside Target | 5.15 |
| Downside Target | 5.50 |
| Downside Target | 5.86 |
| Downside Target | 6.12 |
| Upside Target | 6.50 |
| Upside Target | 6.60 |
| Upside Target | 6.61 |
| Upside Target | 6.62 |
| Upside Target | 6.73 |
| Upside Target | 7.01 |
Intraday share price targets for Wipro (WIT)
| Target Type | Value |
| Downside Intraday Target | 6.32 |
| Downside Intraday Target | 6.23 |
| Upside Intraday Target | 6.56 |
| Upside Intraday Target | 6.71 |
| Upside Intraday Target | 6.47 |
Weekly technical analysis of Wipro (WIT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Wed Oct 2024 | 6.42 | 6.52 | 6.61 | 6.37 | 0.789 times |
| 11 Fri Oct 2024 | 6.37 | 6.36 | 6.43 | 6.23 | 0.912 times |
| 04 Fri Oct 2024 | 6.44 | 6.48 | 6.60 | 6.31 | 1.081 times |
| 27 Fri Sep 2024 | 6.47 | 6.43 | 6.73 | 6.39 | 1.097 times |
| 20 Fri Sep 2024 | 6.47 | 6.57 | 6.62 | 6.35 | 1.061 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 |
| 16 Wed Oct 2024 | 6.42 | 6.48 | 6.61 | 6.23 | 0.712 times |
| 30 Mon Sep 2024 | 6.48 | 6.39 | 6.73 | 6.12 | 1.031 times |
| 30 Fri Aug 2024 | 6.43 | 6.13 | 6.50 | 5.50 | 0.5 times |
| 31 Wed Jul 2024 | 6.16 | 6.17 | 7.01 | 5.86 | 1.033 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 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 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 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 SELL signal for Wipro in short term but the sell signal is initial and weak.
Wipro Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 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
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Wipro is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6.39 and Wipro (WIT) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 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 SELL signal for Wipro in short term but the sell signal is initial and weak.
Wipro Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 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
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Wipro is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6.39 and Wipro (WIT) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.