(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 2024-11-05 View latest technical analysis
10 day averaged volume of Wipro is 2179390
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Tue Nov 2024 | 6.52 | 6.47 | 6.55 | 6.45 | 0.692 times |
| 04 Mon Nov 2024 | 6.43 | 6.42 | 6.45 | 6.38 | 0.4 times |
| 01 Fri Nov 2024 | 6.50 | 6.53 | 6.56 | 6.48 | 0.758 times |
| 31 Thu Oct 2024 | 6.48 | 6.60 | 6.60 | 6.47 | 1.008 times |
| 30 Wed Oct 2024 | 6.68 | 6.75 | 6.78 | 6.66 | 1.053 times |
| 29 Tue Oct 2024 | 6.74 | 6.74 | 6.75 | 6.69 | 1.222 times |
| 28 Mon Oct 2024 | 6.75 | 6.70 | 6.77 | 6.69 | 0.91 times |
| 25 Fri Oct 2024 | 6.56 | 6.59 | 6.59 | 6.54 | 1.318 times |
| 24 Thu Oct 2024 | 6.59 | 6.59 | 6.61 | 6.56 | 1.066 times |
| 23 Wed Oct 2024 | 6.61 | 6.59 | 6.61 | 6.57 | 1.134 times |
My analysis of stock is bearish for shortterm, and stock might move down till 6.4 or till 6.2. Use a stoploss of 6.53 and if the stock hits stoploss, then it can shoot up till 6.66
Share price targets for Wipro (WIT)
| Target Type | Value |
| Downside Target | 5.50 |
| Downside Target | 5.86 |
| Downside Target | 6.11 |
| Downside Target | 6.38 |
| Upside Target | 6.55 |
| Upside Target | 6.56 |
| Upside Target | 6.63 |
| Upside Target | 6.73 |
| Upside Target | 6.78 |
| Upside Target | 7.01 |
Intraday share price targets for Wipro (WIT)
| Target Type | Value |
| Downside Intraday Target | 6.42 |
| Downside Intraday Target | 6.31 |
| Upside Intraday Target | 6.59 |
| Upside Intraday Target | 6.65 |
| Downside Intraday Target | 6.48 |
Weekly technical analysis of Wipro (WIT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Tue Nov 2024 | 6.52 | 6.42 | 6.55 | 6.38 | 0.221 times |
| 01 Fri Nov 2024 | 6.50 | 6.70 | 6.78 | 6.47 | 0.91 times |
| 25 Fri Oct 2024 | 6.56 | 6.60 | 6.63 | 6.53 | 0.893 times |
| 18 Fri Oct 2024 | 6.69 | 6.52 | 6.73 | 6.11 | 1.544 times |
| 11 Fri Oct 2024 | 6.37 | 6.36 | 6.43 | 6.23 | 0.912 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 |
| 05 Tue Nov 2024 | 6.52 | 6.53 | 6.56 | 6.38 | 0.08 times |
| 31 Thu Oct 2024 | 6.48 | 6.48 | 6.78 | 6.11 | 1.572 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 |
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 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 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 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 BUY. 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 above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Wipro in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 6.6 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 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 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 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 BUY. 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 above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Wipro in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 6.6 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.