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Technicals for Wipro Limited
By MusingTheNews
2025-12-15 21:03
Overall Technical outlook
Price Summary
Wipro Limited's stock, on 2025-12-15 opened at 259.99, climbed to a high of 262.5, dropped to a low of 258.54, and closed up 0.67% at 261.74, with 4020960 shares traded. For the 52-week period, the stock's highest price is 320.1, and the lowest price is 234.15. The price projection is between 185.0 and 300.0, with an average expected price around 253.37209, according to 43 analysts.
Technicals
Support and Resistance: The price sits at 261.74, supported by 261.38 and resisted by 268.52. This indicates a trading range where 261.38 provides a floor, preventing declines, and 268.52 acts as a ceiling, limiting further price increases for WIPRO. Support/Resistance for WIPRO
Aroon: The AROON 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. Aroon chart for Wipro Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for WIPRO. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Bolinger Bands chart for Wipro Limited
Parabolic SAR: The PSAR maintains a bearish outlook, setting a key resistance level that could limit further gains. This resistance reinforces the bearish sentiment, indicating that the market may face challenges in pushing higher. Parabolic Stop and Reverse chart for Wipro Limited
Stochastic: The stochastic indicator is in a bullish phase, as the K-line is above the D-line and the 80 mark. This setup suggests strong upward momentum, implying that WIPRO may continue to experience gains. Investors may consider this a positive signal for continued market growth. 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
When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.
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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