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Technicals for Wipro Limited
By MusingTheNews
2025-08-15 21:00
Overall Technical outlook
Price Summary
Wipro Limited's stock began trading at 243.1 on 2025-08-14, soared to 248.43, dipped to 242.41, and finished the day 1.53% up at 246.81, with 12850255 shares exchanged. During the past 52 weeks, the highest stock price was 573.5, and the lowest was 234.15. Analysts expect the price of WIPRO to vary between 200.0 and 320.0, with an average expected price near 262.0462.
Technicals
Support and Resistance: At 246.81, the price for WIPRO is supported at 243.57 and resisted at 254.25. This indicates a trading range where 243.57 serves as a support level, potentially preventing further decline, while 254.25 could limit upward movement. Support/Resistance for WIPRO
Aroon: The current state of the AROON is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Aroon chart for Wipro Limited
Bol. Bands: The BOLL BANDS is in a neutral stance for WIPRO, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Bolinger Bands chart for Wipro Limited
Parabolic SAR: The PSAR has switched from bearish to bullish, hinting at a possible trend change. If this move is backed by other indicators, it could represent a very bullish signal. Traders should seek confirmation from other market trends to validate this potential reversal. Parabolic Stop and Reverse chart for Wipro Limited
Stochastic: The current state of the STOCHASTIC 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. Stochastic chart for Wipro Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Tripple SMA chart for Wipro Limited
Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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