Signals, Powered By EquityPandit
Wipro closed the previous week on a negative note losing 4.85%.
Technically, Wipro share price will see immediate support at 401.65 and immediate resistance would be seen at 422.20.
If Wipro share price closes below immediate support of 401.65, then sharp breakdown can be seen. Wipro share price will see major support at 392.25 for the week.
On the positive side, immediate resistance will be seen at 422.20. Closing above 422.20, Wipro share price will see a sharp breakout. Major resistance for Wipro share price will be seen at 433.35 for the week.
Trading range for Wipro share price for this week should be between 381.10 on down side and 442.75 on up side.
Wipro Previous Week High: 423.95
Wipro Previous Week Low: 403.4
Wipro Previous Week Range: 20.55 Points
Wipro share price support and resistance for the week (October 16, 2023 – October 20, 2023)
| Level Type | Value |
|---|---|
| Resistance 3 | 442.75 |
| Resistance 2 | 433.35 |
| Resistance 1 | 422.20 |
| Support 1 | 401.65 |
| Support 2 | 392.25 |
| Support 3 | 381.10 |
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