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WIPRO

Wipro Outlook for the Week (Jan 02, 2023 – Jan 06, 2023)

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WIPRO Weekly Outlook and Analysis:

For the Week: (Jan 02, 2023 – Jan 06, 2023)

Wipro Outlook for the Week (Jan 02, 2023 – Jan 06, 2023)

Check WIPRO Full Analysis At Unicorn Signals

BSE: 507685 | NSE: WIPRO | ISIN: INE075A01022 | SECTOR: I.T.

Stock closed the Weekly on positive Note gaining 4.00%

Wipro Share Price: 392.75

Weekly High: 396.30

Weekly Low: 376.30

Weekly Range: 15.10 Points

Weekly Support & Resistance For WIPRO:

RESISTANCE 2408
RESISTANCE 1400
SUPPORT 1380
SUPPORT 2368
Wipro Outlook for the Week (Jan 02, 2023 – Jan 06, 2023)

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 380 levels, Minor resistance on the upside is capped around 400 levels.

If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 368 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 408

Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit predicts range for the Weekly as 408 on upside and 368 on downside.

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