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MARKET OUTLOOKSTOCK OUTLOOKWIPRO

Wipro Outlook for the Week (August 07, 2023 – August 11, 2023)

Wipro closed the previous week on a negative note losing 3.16%.

Technically, Wipro share price will see immediate support at 400.60 and immediate resistance would be seen at 413.55.

If Wipro share price closes below immediate support of 400.60, then sharp breakdown can be seen. Wipro share price will see major support at 392.35 for the week.

On the positive side, immediate resistance will be seen at 413.55. Closing above 413.55, Wipro share price will see a sharp breakout. Major resistance for Wipro share price will be seen at 418.25 for the week.

Trading range for Wipro share price for this week should be between 387.65 on down side and 426.50 on up side.

Wipro Previous Week High: 410

Wipro Previous Week Low: 397.05

Wipro Previous Week Range: 12.95 Points

Wipro share price support and resistance for the week (August 07, 2023 – August 11, 2023)

Level Type Value
Resistance 3 426.50
Resistance 2 418.25
Resistance 1 413.55
Support 1 400.60
Support 2 392.35
Support 3 387.65

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