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2020 Wipro (WIPRO) technical analysis [forecast] stock price targets

Wipro technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis

Wipro deals in IT Consulting & Software Wipro option chain analysis

Date Close Open High Low Volume
23 Wed Sep 314.85 315.00 321.80 311.15 221.4 lakhs
22 Tue Sep 312.25 315.40 316.75 303.95 235.1 lakhs
21 Mon Sep 311.90 315.90 324.50 309.95 227.39 lakhs
18 Fri Sep 316.50 314.00 319.00 312.25 184.88 lakhs
17 Thu Sep 311.70 307.25 316.70 307.20 268.12 lakhs
WIPRO chart

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 309, but if it comes below 309, then a intra day sell could be more profitable.
If you take a sell trade below 309, then use 309 as stoploss and 291.79 as target. However if you take a buy trade in stock , then use 309 as stoploss and 329.6 as target.

  • Daily Price action analysis of WIPRO based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

  • Daily Price action analysis of WIPRO based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

  • Daily Price action analysis of WIPRO based on a mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Intraday technical analysis of Wipro

Stock is trading at 314.85 as on 23 Wed Sep 15:33

Day open is at 315.00, day high is at 321.80, day low is at 311.15, and day volume is at 10202.39 lakhs so far.

First 15 minute high low range is 315.00 - 319.00

First hour high low range is 315.00 - 321.80

Date Intraday Price Open High Low Volume
23 Wed Sep 15:33 314.85 315.00 321.80 311.15 22139179
23 Wed Sep 15:30 314.40 315.00 321.80 311.15 22139179
23 Wed Sep 15:25 313.60 315.00 321.80 311.15 22019550
23 Wed Sep 15:20 314.00 315.00 321.80 311.15 21569668
23 Wed Sep 15:15 314.75 315.00 321.80 311.15 21147834
Intraday WIPRO chart

Prices of Wipro are definitely rising in intraday. Look for buy opportunities.

Take a trade after 9:30am only.

Wipro (WIPRO) intraday stock price targets

  • EntEntry: 317 or 314.7375
  • Upside target: 319
  • Downside target : 311
  • Second Upside target: 318.33
  • Second Downside target : 307.68

Wipro (WIPRO) weekly technical analysis

Date Weekly Close Open Range Volume
23 Wed Sep 314.85 315.90 303.95
324.50
683.892 lakhs
18 Fri Sep 316.50 293.25 293.15
319.00
1265.403 lakhs
11 Fri Sep 293.30 276.50 271.50
298.45
1048.709 lakhs
04 Fri Sep 276.00 274.00 268.00
287.85
768.995 lakhs
28 Fri Aug 272.05 273.50 268.00
275.20
373.758 lakhs
weekly WIPRO chart

Weekly forecast of Wipro is positive. Buyers dominated the stock this week, and this trend might continue for a few days

Weekly Price action analysis of Wipro based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Weekly Price action analysis of Wipro based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Wipro (WIPRO) Monthly technical analysis

Date Monthly Close Open Range Volume
23 Wed Sep 314.85 271.00 269.00
324.50
3561.284 lakhs
31 Mon Aug 271.30 283.00 268.00
287.40
1951.746 lakhs
31 Fri Jul 280.95 221.00 218.35
290.80
4602.179 lakhs
30 Tue Jun 219.65 215.50 206.30
230.00
1950.068 lakhs
29 Fri May 212.80 184.50 178.00
214.90
1519.081 lakhs
monthly WIPRO chart

Monthly forecast of Wipro is positive. Buyers dominated the stock this month, and this trend might continue for a few days

Monthly Price action analysis of Wipro based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Monthly Price action analysis of Wipro based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Wipro Daily stock price targets

  • Upside daily target: 321.13
  • Downside daily target: 305.05
  • Downside daily target: 287.9

Wipro Weekly stock price targets

  • Upside weekly target: 330.68
  • Downside weekly target: 311.91
  • Downside weekly target: 291.85
  • Downside weekly target: 277.56

Wipro Monthly stock price targets

  • Upside monthly target: 347.43
  • Upside monthly target: 322.1
  • Downside monthly target: 291.93
  • Downside monthly target: 273.68
  • Downside monthly target: 259.95
  • Downside monthly target: 247.58
  • Downside monthly target: 235
  • Downside monthly target: 221.49
  • Downside monthly target: 206.15
  • Downside monthly target: 195.48
  • Downside monthly target: 184.64
  • Downside monthly target: 169.28
  • Downside monthly target: 140.8

Wipro (WIPRO) indicators technical analysis

Price action analysis of Wipro (WIPRO) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Wipro stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Wipro in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Wipro Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Wipro in short term and BUY signal is strong.

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 307.07 and Wipro WIPRO stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Wipro WIPRO stock. Volume based technical analysis of Wipro WIPRO stock is negative.

Wipro Stock is giving positive 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.

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chart WIPRO