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Technicals for Wipro Limited
By MusingTheNews
2025-09-05 20:46
Overall Technical outlook
Price Summary
Wipro Limited's stock started trading at 246.1 on 2025-09-05, climbed to 247.32, fell to 241.27, and closed -0.99% down at 243.67, with 6233451 shares traded. For the 52-week period, the stock's highest price is 573.5, and the lowest price is 234.15. According to 43 analysts, the future price is anticipated to vary between 200.0 and 320.0, with an average expected price of around 262.0462.
Technicals
Support and Resistance: The price for WIPRO is 243.67, with support at 243.57 and resistance at 254.25. This suggests a range where 243.57 acts as a base, preventing declines, and 254.25 caps gains, defining key trading levels. Support/Resistance for WIPRO
Aroon: AROON is reflecting a strong bearish trend, with Aroon Down moving higher and the Aroon Oscillator remaining low for Wipro Limited. This suggests that the downward trend is likely to continue, signaling sustained bearish momentum. The low level of the Aroon Oscillator indicates that the market may face further declines. Aroon chart for Wipro Limited
Bol. Bands: The BOLL BANDS is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Bolinger Bands chart for Wipro Limited
Parabolic SAR: The PSAR remains bearish for Wipro Limited, establishing a crucial resistance level that could hinder any bullish attempts. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult for prices to rise. Parabolic Stop and Reverse chart for Wipro Limited
Stochastic: The STOCHASTIC is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Stochastic chart for Wipro Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Tripple SMA chart for Wipro Limited
When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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