Overall Technical outlook

Price Summary

Wipro Limited's shares spiked 2.04% today, reflecting a fantastic day on the market.
On 2025-06-13, Wipro Limited's stock opened at 255.0, reached 262.25, hit a low of 254.0, and rose 2.04% to close at 260.21, with 8690300 shares traded.
The top price for the stock in the last 52 weeks is 573.5, with the bottom price being 234.15.
The future price of WIPRO is anticipated to range from 200.0 to 300.0, with an expected mean price of 247.65115, according to the recommendations of 43 analysts.

Technicals

Support and Resistance: At 260.21, the price is held up by support at 243.57 and faces resistance at 281.95 for WIPRO. This suggests a trading range where 243.57 provides a base and 281.95 limits upward movement.
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Support/Resistance for WIPRO


Aroon: The AROON is showing a neutral stance, not indicating a clear upward or downward trend for Wipro Limited. This suggests a period of market balance, where neither side is showing dominance.
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Aroon chart for Wipro Limited


Bol. Bands: The latest price move has seen the current price cross above the upper Bollinger Band, signaling a bullish trend. This breakout suggests that buying pressure is pushing prices higher than expected, which could lead to further gains. Traders may view this as a sign of strengthening market momentum.
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Bolinger Bands chart for Wipro Limited


Parabolic SAR: The PSAR continues to indicate a bullish outlook, setting a crucial support level. This strong support could bolster the ongoing upward trend, suggesting that the market may remain in a positive trajectory. Investors may view this as a sign of sustained bullish momentum.
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Parabolic Stop and Reverse chart for Wipro Limited


Stochastic: The K-line has fallen below the D-line on the stochastic indicator, yet it remains above 80, signaling the possible start of a bearish price move for WIPRO. This suggests that the market's upward momentum is losing strength, which could lead to a decline. Investors should be mindful of this potential shift.
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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.
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Tripple SMA chart for Wipro Limited


A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.