Overall Technical outlook

Price Summary

Wipro Limited had a outstanding day at the stock market, and its shares increased 2.1%.
On 2025-07-16, Wipro Limited's stock opened at 257.4, reached 264.0, hit a low of 256.05, and rose 2.1% to close at 262.8, with 12177144 shares traded.
The highest price the stock achieved in the past 52 weeks is 573.5, while the lowest price it saw is 234.15.
Based on recommendations from 43 analysts, the future price of WIPRO is expected to range from 200.0 to 300.0, with an average price expectation around 249.48837.

Technicals

Support and Resistance: The current price of 262.8 for WIPRO is supported at 254.25 and faces resistance at 268.52. These levels indicate that 254.25 could act as a floor, while 268.52 might limit any further price increases.
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Support/Resistance for WIPRO


Aroon: The current reading of the AROON indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty.
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Aroon chart for Wipro Limited


Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for WIPRO, with no strong trend emerging.
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Bolinger Bands chart for Wipro Limited


Parabolic SAR: The PSAR for WIPRO remains bearish, establishing a key resistance level that could hinder upward movement. This ongoing bearish outlook suggests that the market may face challenges in breaking higher, with the resistance level acting as a barrier to potential gains.
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Parabolic Stop and Reverse chart for Wipro Limited


Stochastic: The STOCHASTIC is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market.
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Stochastic chart for Wipro Limited


Tripple Moving Agerage: The Tripple MOVING AVG 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.
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Tripple SMA chart for Wipro Limited


The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.