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Check WIPRO Full Analysis At Unicorn Signals
WIPRO Weekly Outlook and Analysis:
For the Week: (May 02, 2022 – May 06, 2022)
Check WIPRO Full Analysis At Unicorn Signals
BSE: 507685 | NSE: WIPRO | ISIN: INE075A01022 | SECTOR: I.T.
Stock closed the Weekly on Negative Note losing –5.37%
Wipro Share Price: 508.80
Weekly High: 537.75
Weekly Low: 507.00
Weekly Range: 30.75 Points
Weekly Support & Resistance For WIPRO:
| RESISTANCE 2 | 561 |
| RESISTANCE 1 | 549 |
| SUPPORT 1 | 525 |
| SUPPORT 2 | 514 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 525 levels, Minor resistance on the upside is capped around 549 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 @ 514 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 @ 561
Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit predicts range for the Weekly as 561 on upside and 514 on downside.
