WIPRO 1D Time frameCurrent Price: WIPRO is trading near the 520 – 525 zone (recent levels).
Current Trend: Stock is moving sideways after a sharp move earlier, showing consolidation.
Support Zone: Strong support at 510 – 515. Buyers likely to defend this area.
Resistance Zone: Key resistance around 530 – 535. A breakout above 535 can lead to upward momentum.
Indicators: Daily candles indicate indecision; volumes are stable, showing accumulation at lower levels.
Outlook:
Above 535 → bullish momentum possible toward 550+.
Below 510 → weakness may extend toward 495.
👉 In short:
Range: 510 – 535.
Neutral to bullish tone if it breaks above resistance.
WIOA trade ideas
WIPRO 1D Time frameCurrent Price & Trend
Price: ₹251.95
Trend: Neutral; trading approximately 22.5% below its 52-week high of ₹324.60, reached on July 2, 2025.
Momentum: Indicators suggest a neutral to slightly bearish outlook.
Bullish Scenario
Breakout Above ₹257: A sustained move above ₹257 could target ₹265 – ₹270 in the short term.
WIPRO 1D Time frame🔢 Current Level
Trading around ₹252.91
🔑 Key Resistance & Support Levels
Resistance Zones:
₹254.00 – ₹255.00 (recent highs; breakout above this may lead to further upside)
₹260.00 – ₹262.00 (stronger resistance above)
Support Zones:
₹250.00 – ₹251.00 (immediate support; failure to hold above this may lead to a decline)
₹245.00 – ₹246.00 (short-term support; a break below this could indicate weakness)
₹240.00 – ₹242.00 (deeper support zone if price dips further)
📉 Outlook
Bullish Scenario: If Wipro holds above ₹251.00, upward momentum may continue. Break above ₹255.00 can open the way toward ₹260.00+.
Bearish Scenario: If it falls below ₹245.00, risk increases toward ₹240.00 – ₹242.00.
Neutral / Range: Between ₹251.00 – ₹255.00, Wipro may consolidate before a directional move.
WIPRO 1D Time framw📈 Price Action
Previous Close: ₹255.75
Today's Close: ₹256.50
Daily Range: ₹253.00 – ₹257.00
Volume: 804,499 shares (significantly higher than the 50-day average of 369,496 shares)
52-Week Range: ₹228.00 – ₹324.55
🔧 Technical Indicators
Relative Strength Index (RSI): 63.59 — Indicates bullish momentum.
MACD: Positive — Suggests upward trend.
Moving Averages:
5-day MA: ₹254.50
50-day MA: ₹249.00
200-day MA: ₹265.00
Trend: Bullish, as the stock is trading above short-term moving averages.
Stochastic Oscillator: 76.47% — Indicates overbought conditions, suggesting potential for a pullback.
Average True Range (ATR): ₹0.05 — Indicates low volatility.
📊 Support & Resistance Levels
Immediate Support: ₹253.00
Immediate Resistance: ₹257.00
Pivot Point: ₹255.00
🧠 Trend Analysis
Trend: Bullish
Momentum: Positive
Volatility: Low
Summary: Wipro's stock is exhibiting a bullish trend with positive momentum. The current overbought condition, as indicated by the stochastic oscillator, suggests that the stock may experience a short-term pullback before continuing its upward trajectory. Traders should monitor the support and resistance levels for potential entry and exit points.
Wipro: Covid Trendline + 200W MA Enough for Breakout?After topping at ₹369.90 in 2021, Wipro corrected for nearly three years through a W–X–Y structure. The decline finally found support around ₹187.52 along the Covid-low trendline, where a fresh impulsive-looking rally started.
The first leg from that low advanced in five waves, peaking near ₹320. What followed was an expanded flat correction — Wave B overshot the prior high at ₹320, and Wave C terminated at ₹228. This aligns well with the textbook characteristics of an expanded flat.
That ₹228 level now stands as the key support and invalidation marker . Price has since rebounded, and the structure suggests the early stages of Wave C/3 .
Support / SL: ₹228 (below this, the bullish count breaks down)
Target zone: Above ₹320, with potential to extend further if momentum builds
Technical confluence: Covid-low trendline support + 200-week MA + completed corrective structure + impulsive rally foundation
The setup looks constructive, but confirmation comes only with sustained strength above 271–289 . Until then, keep alternate counts in mind.
Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
Symmetrical triangle Pattern in Wipro on monthly chartWipro is forming Symmetrical triangle Pattern on monthly chart ,its a consolidation pattern.
If breakout happened final target will be arround 430, keep a stoploss arround 220.Rest short term target mention on chart.
It's not a buy or sell call ...Just for education only.
Wipro – Long Setup from Trendline Support Wipro has been respecting a long-term trendline since 2020.
Price recently bounced from this trendline support near ₹240, showing strong buying interest.
The current structure suggests a possible trend continuation towards the higher resistance zone.
Trade Setup
Entry Zone: Around ₹245–250 (near trendline support)
Stop Loss: Below ₹230 (trendline breakdown level)
Target: ₹320 (previous supply zone / resistance level)
This gives a risk-to-reward ratio of approx. 1:3, which is favorable.
🔍 Technical Factors Supporting Bullish View
Price is consolidating above the long-term support trendline.
Multiple rejections from the downside show strong demand zone near ₹240.
If the momentum continues, buyers may push price towards the ₹320 resistance area.
⚠️ Risk Management
A daily close below ₹230 will invalidate this setup.
This is a positional swing trade, so patience is required.
Will Wipro Bounce Back !?💸 Dividend Insight:
Wipro has announced an upcoming dividend, which may bring short-term interest. However, buying just for dividends during a downtrend can be risky.
📊 Technical Summary:
Resistance: ₹290–₹319
Support: ₹222, major at ₹190
Dividend: Watch out for announcement dates & record day
🔔 Pro Tip: Wait for price action near key zones before entering. Don't chase just for dividends if the structure is weak.
💬 Tell us below – are you eyeing Wipro for the dividend or waiting for a better entry?
Wipro analysis Wipro appears to be entering an attractive buying zone if its price falls between ₹161 and ₹184. A stop-loss should be set at ₹153 to manage potential downside.
On the other hand, if Wipro's price consistently stays above ₹274, it signals a bullish trend. Should it then maintain levels above the ₹312-₹335 range, the outlook becomes even more strongly bullish. In that scenario, we could target further upside, potentially reaching around ₹400, ₹500, and even ₹600.
**Consider some buffer points in above levels
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
Wipro - Weekly Cup & HandleWipro forming Cup & Handle pattern in weekly time frame. Entry, stop loss Targets mentioned in chart.
Please note: This chart is only for educational purpose, I am not recommending any trades. If your are taking any trades, please do necessary financial assessment before investing/Trading. I am not a certified stock analyst.
Avoid buying IT stocksWipro CMP - 264.55
Elliott - The rally is the 2nd wave of C and is done. Now the 3rd wave of C will start and will be sharper than the 1st wave. If we take a conservative tgt then 186 is the minimum for 3rd wave and will come in quick time.
Fibs - on the weekly charts the 270 is a strong resistance and hence to me the rally is over.
Conclusion - It seems a bigger correction is coming in IT stocks. Hence avoid fresh buying.
Wipro Trades in a Tight Wedge After Support-Led ReversalTopic Statement:
Wipro, a lagging IT stock, has shown signs of reversal after strong support at the 50% retracement level, with a wedge pattern hinting at a decisive breakout ahead.
Key Points:
* The stock retraced to the 50% Fibonacci level at 225, where it found strong support and reversed
* Price had dipped below the 180-day EMA during the correction, further reinforcing the significance of the support zone
* A wedge pattern is now forming, and a breakout on either side could define the next major move
Wipro: Short-Term Trend Shift Likely – Watch for UpsideDescription:
Wipro is forming a potential short-term reversal near a key support zone and price action shows early signs of bullish momentum. A bounce toward the 285 level looks likely if support holds.
Disclaimer:
Not financial advice. Do your own research before trading.