(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.
10 day averaged volume of Wipro is 3973320
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Fri Apr 2024 | 5.25 | 5.30 | 5.38 | 5.22 | 1.605 times |
| 18 Thu Apr 2024 | 5.16 | 5.18 | 5.24 | 5.16 | 0.904 times |
| 17 Wed Apr 2024 | 5.25 | 5.27 | 5.30 | 5.25 | 0.561 times |
| 16 Tue Apr 2024 | 5.26 | 5.27 | 5.31 | 5.26 | 0.6 times |
| 15 Mon Apr 2024 | 5.32 | 5.46 | 5.47 | 5.31 | 1.476 times |
| 12 Fri Apr 2024 | 5.46 | 5.51 | 5.54 | 5.43 | 1.145 times |
| 11 Thu Apr 2024 | 5.58 | 5.61 | 5.63 | 5.53 | 0.908 times |
| 10 Wed Apr 2024 | 5.57 | 5.64 | 5.67 | 5.56 | 1.115 times |
| 09 Tue Apr 2024 | 5.68 | 5.65 | 5.69 | 5.63 | 0.969 times |
| 08 Mon Apr 2024 | 5.62 | 5.70 | 5.70 | 5.58 | 1.669 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5.4, but if it comes above 5.4, then a intra day buy could be more profitable.
If you take a sell trade below 5.4, then use 5.4 as stoploss and 5.1 as target. However if you take a buy trade in stock , then use 5.4 as stoploss and 5.55 as target.
Share price targets for Wipro (WIT)
| Target Type | Value |
| Downside Target | 4.78 |
| Downside Target | 5.16 |
| Upside Target | 5.32 |
| Upside Target | 5.43 |
| Upside Target | 5.70 |
| Upside Target | 5.77 |
| Upside Target | 5.82 |
| Upside Target | 6.07 |
| 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 | 5.12 |
| Downside Intraday Target | 4.98 |
| Upside Intraday Target | 5.43 |
| Upside Intraday Target | 5.6 |
| Upside Intraday Target | 5.29 |
Weekly technical analysis of Wipro (WIT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Fri Apr 2024 | 5.25 | 5.46 | 5.47 | 5.16 | 0.886 times |
| 12 Fri Apr 2024 | 5.46 | 5.70 | 5.70 | 5.43 | 1.194 times |
| 05 Fri Apr 2024 | 5.76 | 5.76 | 5.82 | 5.57 | 2.022 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 |
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 |
| 19 Fri Apr 2024 | 5.25 | 5.76 | 5.82 | 5.16 | 1.384 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 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 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 BUY. 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 moving up
CCI has generated a buy signal for Wipro in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 5.43 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 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 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 BUY. 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 moving up
CCI has generated a buy signal for Wipro in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 5.43 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.