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MARKET OUTLOOKSTOCK OUTLOOKWIPRO

Wipro Outlook for the Week (August 21, 2023 – August 25, 2023)

Wipro
Wipro
Wipro closed the previous week on a negative note losing 2.95%.

Technically, Wipro share price will see immediate support at 406.33 and immediate resistance would be seen at 418.73.

If Wipro share price closes below immediate support of 406.33, then sharp breakdown can be seen. Wipro share price will see major support at 400.97 for the week.

On the positive side, immediate resistance will be seen at 418.73. Closing above 418.73, Wipro share price will see a sharp breakout. Major resistance for Wipro share price will be seen at 425.77 for the week.

Trading range for Wipro share price for this week should be between 393.93 on down side and 431.13 on up side.

Wipro Previous Week High: 420.4

Wipro Previous Week Low: 408

Wipro Previous Week Range: 12.4 Points

Wipro share price support and resistance for the week (August 21, 2023 – August 25, 2023)

Level Type Value
Resistance 3 431.13
Resistance 2 425.77
Resistance 1 418.73
Support 1 406.33
Support 2 400.97
Support 3 393.93

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