Overall Technical outlook

Price Summary

On 2026-02-02, Wipro Limited's stock opened at 244.0, reached 244.08, hit a low of 239.29, and rose -0.7% to close at 242.3, with 12334969 shares traded.
In the last 52 weeks, the stock's top price was 319.05 and the bottom price was 234.15.
43 analysts predict that the future price of WIPRO will be in the range of 185.0 to 300.0, with a mean expected price of about 253.37209.

Technicals

Support and Resistance: The current price of 242.3 for WIPRO finds support at 235.75 and resistance at 243.67. These levels define a range in which the price might oscillate, with 235.75 as a potential support and 243.67 as a resistance level.
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Support/Resistance for WIPRO


Aroon: The current state of the AROON is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment.
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Aroon chart for Wipro Limited


Bol. Bands: The current reading of the BOLL BANDS 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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Bolinger Bands chart for Wipro Limited


Parabolic SAR: The PSAR for WIPRO continues to indicate a bearish outlook, reinforcing a resistance level that could limit upward potential. This suggests that the market may remain under bearish control, with resistance acting as a barrier to significant upward movement.
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Parabolic Stop and Reverse chart for Wipro Limited


Stochastic: The current reading of the STOCHASTIC 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.
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Stochastic chart for Wipro Limited


Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral for WIPRO, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements.
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Tripple SMA chart for Wipro Limited


To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.