Tag Archives: Wipro Stock Movement

Wipro Outlook for the Week (July 16, 2018 – July 20, 2018)

EquityPandit’s Outlook for Wipro for the week  (July 16, 2018 – July 20, 2018) : 

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 6.80%.

As we have mentioned last week, that resistance for the stock lies in the zone of 268 to 270 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 285 to 290 where Fibonacci levels and medium & long term moving averages are lying. During the week the stock manages to hit a high of 290 and close the week around the levels of 281.

Support for the stock lies in the zone of 268 to 270 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 250 to 255 where the stock has taken multiple support in the month of June-2017.

Resistance for the stock lies in the zone of 285 to 290 where Fibonacci levels and long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 300 to 305 where Fibonacci levels are lying.

Broad range for the stock in the coming week is seen between 265 to 270 on downside & 295 to 300 on upside.

Wipro Outlook for the Week (July 09, 2018 – July 13, 2018)

EquityPandit’s Outlook for Wipro for the week  (July 09, 2018 – July 13, 2018) : 

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 0.50%.

As we have mentioned last week, that resistance for the stock lies in the zone of 268 to 270 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 285 to 290 where Fibonacci levels and medium & long term moving averages are lying. During the week the stock manages to hit a high of 265 and close the week around the levels of 263.

Minor support for the stock lies around 258 to 260. Support for the stock lies in the zone of 250 to 255 where the stock has taken multiple support in the month of June-2017. If the stock manages to close below these levels then the stock can drift to the levels of 240 to 245.

Resistance for the stock lies in the zone of 268 to 270 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 285 to 290 where Fibonacci levels and medium & long term moving averages are lying.

Broad range for the stock in the coming week is seen between 250 to 255 on downside & 270 to 275 on upside.

Wipro Outlook for the Week (July 02, 2018 – July 06, 2018)

EquityPandit’s Outlook for Wipro for the week  (July 02, 2018 – July 06, 2018) : 

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 1.20%.

As we have mentioned last week, that support for the stock lies in the zone of 250 to 255 where the stock has taken multiple support in the month of June-2017. If the stock manages to close below these levels then the stock can drift to the levels of 240 to 245. During the week the stock manages to hit a low of 254 and close the week around the levels of 261.

Support for the stock lies in the zone of 250 to 255 where the stock has taken multiple support in the month of June-2017. If the stock manages to close below these levels then the stock can drift to the levels of 240 to 245.

Resistance for the stock lies in the zone of 268 to 270 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 285 to 290 where Fibonacci levels and medium & long term moving averages are lying.

Broad range for the stock in the coming week is seen between 245 to 250 on downside & 270 to 275 on upside.

Wipro Outlook for the Week (June 25, 2018 – June 29, 2018)

EquityPandit’s Outlook for Wipro for the week  (June 25, 2018 – June 29, 2018) : 

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 3.40%.

As we have mentioned last week, that minor support for the stock lies in the zone of 260 to 262. Support for the stock lies in the zone of 250 to 255 where the stock has taken multiple support in the month of June-2017. If the stock manages to close below these levels then the stock can drift to the levels of 240 to 245. During the week the stock manages to hit a low of 255 and close the week around the levels of 258.

Support for the stock lies in the zone of 250 to 255 where the stock has taken multiple support in the month of June-2017. If the stock manages to close below these levels then the stock can drift to the levels of 240 to 245.

Resistance for the stock lies in the zone of 268 to 270 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 285 to 290 where Fibonacci levels and short & long term moving averages are lying.

Broad range for the stock in the coming week is seen between 240 to 245 on downside & 270 to 275 on upside.

Wipro Outlook for the Week (June 18, 2018 – June 22, 2018)

EquityPandit’s Outlook for Wipro for the week  (June 18, 2018 – June 22, 2018) : 

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 1.10%.

As we have mentioned last week, that resistance for the stock lies in the zone of 268 to 270 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 285 to 290 where Fibonacci levels and short & long term moving averages are lying. During the week the stock manages to hit a high of 270 and close the week around the levels of 267.

Minor support for the stock lies in the zone of 260 to 262. Support for the stock lies in the zone of 250 to 255 where the stock has taken multiple support in the month of June-2017. If the stock manages to close below these levels then the stock can drift to the levels of 240 to 245.

Resistance for the stock lies in the zone of 268 to 270 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 285 to 290 where Fibonacci levels and short & long term moving averages are lying.

Broad range for the stock in the coming week is seen between 250 to 255 on downside & 275 to 280 on upside.

Wipro Outlook for the Week (June 11, 2018 – June 15, 2018)

EquityPandit’s Outlook for Wipro for the week  (June 11, 2018 – June 15, 2018) : 

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 1.30%.

As we have mentioned last week, that support for the stock lies in the zone of 250 to 255 where the stock has taken multiple support in the month of June-2017. If the stock manages to close below these levels then the stock can drift to the levels of 240 to 245. During the week the stock manages to hit a low of 254 and close the week around the levels of 264.

Minor support for the stock lies in the zone of 258 to 260. Support for the stock lies in the zone of 250 to 255 where the stock has taken multiple support in the month of June-2017. If the stock manages to close below these levels then the stock can drift to the levels of 240 to 245.

Resistance for the stock lies in the zone of 268 to 270 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 285 to 290 where Fibonacci levels and short & long term moving averages are lying.

Broad range for the stock in the coming week is seen between 245 to 250 on downside & 275 to 280 on upside.

Wipro Outlook for the Week (June 04, 2018 – June 08, 2018)

EquityPandit’s Outlook for Wipro for the week  (June 04, 2018 – June 08, 2018) : 

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 1.50%.

As we have mentioned last week, that resistance for the stock lies in the zone of 268 to 270 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 285 to 290 where Fibonacci levels and short & long term moving averages are lying. During the week the stock manages to hit a high of 265 and close the week around the levels of 261.

Support for the stock lies in the zone of 250 to 255 where the stock has taken multiple support in the month of June-2017. If the stock manages to close below these levels then the stock can drift to the levels of 240 to 245.

Resistance for the stock lies in the zone of 268 to 270 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 285 to 290 where Fibonacci levels and short & long term moving averages are lying.

Broad range for the stock in the coming week is seen between 245 to 250 on downside & 275 to 280 on upside.

Wipro Outlook for the Week (May 28, 2018 – June 01, 2018)

EquityPandit’s Outlook for Wipro for the week  (May 28, 2018 – June 01, 2018) : 

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 1.50%.

As we have mentioned last week, that support for the stock lies in the zone of 265 to 270 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 250 to 255 where the stock has taken multiple support in the month of June-2017. During the week the stock manages to hit a low of 262 and close the week around the levels of 265.

Support for the stock lies in the zone of 250 to 255 where the stock has taken multiple support in the month of June-2017. If the stock manages to close below these levels then the stock can drift to the levels of 240 to 245.

Resistance for the stock lies in the zone of 268 to 270 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 285 to 290 where Fibonacci levels and short & long term moving averages are lying.

Broad range for the stock in the coming week is seen between 250 to 255 on downside & 280 to 285 on upside.

Wipro Outlook for the Week (May 21, 2018 – May 25, 2018)

EquityPandit’s Outlook for Wipro for the week  (May 21, 2018 – May 25, 2018) : 

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 1.30%.

As we have mentioned last week, that minor resistance for the stock lies in the zone of 275 to 280. Resistance for the stock lies in the zone of 285 to 290 where Fibonacci levels and short & long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 300 to 305 from where the stock has broken down and Fibonacci levels are lying. During the week the stock manages to hit a high of 280 and close the week around the levels of 269.

Support for the stock lies in the zone of 265 to 270 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 250 to 255 where the stock has taken multiple support in the month of June-2017.

Minor resistance for the stock lies in the zone of 275 to 280. Resistance for the stock lies in the zone of 285 to 290 where Fibonacci levels and short & long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 300 to 305 from where the stock has broken down and Fibonacci levels are lying.

Broad range for the stock in the coming week is seen between 255 to 260 on downside & 285 to 290 on upside.

Wipro Outlook for the Week (May 14, 2018 – May 18, 2018)

EquityPandit’s Outlook for Wipro for the week  (May 14, 2018 – May 18, 2018) : 

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 1.10%.

As we have mentioned last week, that support for the stock lies in the zone of 265 to 270 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 250 to 255 where the stock has taken multiple support in the month of June-2017. During the week the stock manages to hit a low of 267 and close the week around the levels of 273.

Support for the stock lies in the zone of 265 to 270 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 250 to 255 where the stock has taken multiple support in the month of June-2017.

Minor resistance for the stock lies in the zone of 275 to 280. Resistance for the stock lies in the zone of 285 to 290 where Fibonacci levels and short & long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 300 to 305 from where the stock has broken down and Fibonacci levels are lying.

Broad range for the stock in the coming week is seen between 255 to 260 on downside & 285 to 290 on upside.

Wipro Outlook for the Week (May 07, 2018 – May 11, 2018)

EquityPandit’s Outlook for Wipro for the week  (May 07, 2018 – May 11, 2018) : 

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 2.20%.

As we have mentioned last week, that resistance for the stock lies in the zone of 285 to 290 where Fibonacci levels and short & long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 300 to 305 from where the stock has broken down and Fibonacci levels are lying. During the week the stock manages to hit a high of 282 and close the week around the levels of 270.

Support for the stock lies in the zone of 265 to 270 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 250 to 255 where the stock has taken multiple support in the month of June-2017.

Minor resistance for the stock lies in the zone of 275 to 280. Resistance for the stock lies in the zone of 285 to 290 where Fibonacci levels and short & long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 300 to 305 from where the stock has broken down and Fibonacci levels are lying.

Broad range for the stock in the coming week is seen between 250 to 255 on downside & 285 to 290 on upside.

Wipro Outlook for the Week (Apr 30, 2018 – May 04, 2018)

EquityPandit’s Outlook for Wipro for the week  (Apr 30, 2018 – May 04, 2018) : 

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 7.40%.

As we have mentioned last week, that resistance for the stock lies in the zone of 300 to 305 from where the stock has broken down and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 310 to 315. During the week the stock manages to hit a high of 301 and close the week around the levels of 276.

Support for the stock lies in the zone of 273 to 278 where low for the month of March-2018 and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 250 to 255 where the stock has taken multiple support in the month of June-2017.

Resistance for the stock lies in the zone of 285 to 290 where Fibonacci levels and short & long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 300 to 305 from where the stock has broken down and Fibonacci levels are lying.

Broad range for the stock in the coming week is seen between 255 to 260 on downside & 290 to 295 on upside.

Wipro Outlook for the Week (Apr 23, 2018 – Apr 27, 2018)

EquityPandit’s Outlook for Wipro for the week  (Apr 23, 2018 – Apr 27, 2018) : 

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 1.30%.

As we have mentioned last week, that resistance for the stock lies in the zone of 300 to 305 from where the stock has broken down and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 310 to 315. During the week the stock manages to hit a high of 300 and close the week around the levels of 298.

Support for the stock lies in the zone of 285 to 290 where Fibonacci levels and short & long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 273 to 278 where low for the month of March-2018 and Fibonacci levels are lying.

Resistance for the stock lies in the zone of 300 to 305 from where the stock has broken down and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 310 to 315.

Broad range for the stock in the coming week is seen between 275 to 280 on downside & 315 to 320 on upside.

Wipro Outlook for the Week (Apr 16, 2018 – Apr 20, 2018)

EquityPandit’s Outlook for Wipro for the week  (Apr 16, 2018 – Apr 20, 2018) : 

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 3.50%.

As we have mentioned last week, that minor support for the stock lies in the zone of 278 to 280. Support for the stock lies in the zone of 270 to 273 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 250 to 255 where long term Fibonacci levels are lying. During the week the stock manages to hit a low of 278 and close the week around the levels of 294.

Support for the stock lies in the zone of 285 to 290 where Fibonacci levels and short & long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 273 to 278 where low for the month of March-2018 and Fibonacci levels are lying.

Resistance for the stock lies in the zone of 300 to 305 from where the stock has broken down and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 310 to 315.

Broad range for the stock in the coming week is seen between 275 to 280 on downside & 305 to 310 on upside.

Wipro Outlook for the Week (Apr 09, 2018 – Apr 13, 2018)

EquityPandit’s Outlook for Wipro for the week  (Apr 09, 2018 – Apr 13, 2018) : 

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 1.10%.

As we have mentioned last week, that resistance for the stock lies in the zone of 286 to 290 where long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 300 to 305 from where the stock has broken down and short & medium term moving averages are lying. During the week the stock manages to hit a high of 291 and close the week around the levels of 284.

Minor support for the stock lies in the zone of 278 to 280. Support for the stock lies in the zone of 270 to 273 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 250 to 255 where long term Fibonacci levels are lying.

Resistance for the stock lies in the zone of 286 to 290 where long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 300 to 305 from where the stock has broken down.

Broad range for the stock in the coming week is seen between 270 to 275 on downside & 295 to 300 on upside.

Wipro Outlook for the Week (Apr 02, 2018 – Apr 06, 2018)

EquityPandit’s Outlook for Wipro for the week  (Apr 02, 2018 – Apr 06, 2018) : 

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 1.20%.

As we have mentioned last week, that support for the stock lies in the zone of 280 to 285 where the stock has formed a bottom in the month of December-2017 and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 270 to 273 where Fibonacci levels are lying. During the week the stock manages to hit a low of 272 and close the week around the levels of 281.

Support for the stock lies in the zone of 270 to 273 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 250 to 255 where long term Fibonacci levels are lying.

Resistance for the stock lies in the zone of 286 to 290 where long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 300 to 305 from where the stock has broken down and short & medium term moving averages are lying.

Broad range for the stock in the coming week is seen between 265 to 270 on downside & 295 to 300 on upside.

Wipro Outlook for the Week (Mar 26, 2018 – Mar 28, 2018)

EquityPandit’s Outlook for Wipro for the week  (Mar 26, 2018 – Mar 28, 2018) : 

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 3.70%.

As we have mentioned last week, that support for the stock lies in the zone of 282 to 285 where the stock has formed a bottom in the month of December-2017 and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 270 to 273 where Fibonacci levels are lying. During the week the stock manages to hit a low of 283 and close the week around the levels of 285.

Support for the stock lies in the zone of 280 to 285 where the stock has formed a bottom in the month of December-2017 and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 270 to 273 where Fibonacci levels are lying.

Minor resistance for the stock lies in the zone of 290 to 293. Resistance for the stock lies in the zone of 300 to 305 from where the stock has broken down and short & medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 310 to 315.

Broad range for the stock in the coming week is seen between 270 to 275 on downside & 300 to 305 on upside.

Wipro Outlook for the Week (Mar 12, 2018 – Mar 16, 2018)

EquityPandit’s Outlook for Wipro for the week  (Mar 12, 2018 – Mar 16, 2018) : 

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 2.50%.

As we have mentioned last week, that support for the stock lies in the zone of 282 to 287 where the stock has formed a bottom in the month of December-2017 and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 270 to 275 where Fibonacci levels are lying. During the week the stock manages to hit a low of 283 and close the week around the levels of 285.

Support for the stock lies in the zone of 282 to 285 where the stock has formed a bottom in the month of December-2017 and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 270 to 273 where Fibonacci levels are lying.

Minor resistance for the stock lies in the zone of 290 to 293. Resistance for the stock lies in the zone of 300 to 305 from where the stock has broken down and short & medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 310 to 315.

Broad range for the stock in the coming week is seen between 270 to 275 on downside & 300 to 305 on upside.

Wipro Outlook for the Week (Mar 05, 2018 – Mar 09, 2018)

EquityPandit’s Outlook for Wipro for the week  (Mar 05, 2018 – Mar 09, 2018) : 

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 0.90%.

As we have mentioned last week, that support for the stock lies in the zone of 282 to 287 where the stock has formed a bottom in the month of December-2017 and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 270 to 275 where Fibonacci levels are lying. During the week the stock manages to hit a low of 289 and close the week around the levels of 292.

Support for the stock lies in the zone of 282 to 287 where the stock has formed a bottom in the month of December-2017 and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 270 to 275 where Fibonacci levels are lying.

Resistance for the stock lies in the zone of 300 to 305 from where the stock has broken down and short & medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 310 to 315.

Broad range for the stock in the coming week is seen between 280 to 285 on downside & 300 to 305 on upside.

Wipro Outlook for the Week (Feb 26, 2018 – Mar 02, 2018)

EquityPandit’s Outlook for Wipro for the week  (Feb 26, 2018 – Mar 02, 2018) : 

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 1.40%.

As we have mentioned last week, that support for the stock lies in the zone of 280 to 285 where the stock has formed a bottom in the month of December-2017 and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 270 to 275 where Fibonacci levels are lying. During the week the stock manages to hit a low of 289 and close the week around the levels of 295.

Support for the stock lies in the zone of 282 to 287 where the stock has formed a bottom in the month of December-2017 and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 270 to 275 where Fibonacci levels are lying.

Resistance for the stock lies in the zone of 300 to 305 from where the stock has broken down and short & medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 310 to 315.

Broad range for the stock in the coming week is seen between 280 to 285 on downside & 305 to 310 on upside.

Wipro Outlook for the Week (Feb 19, 2018 – Feb 23, 2018)

EquityPandit’s Outlook for Wipro for the week  (Feb 19, 2018 – Feb 23, 2018) : 

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 2.10%.

As we have mentioned last week, that support for the stock lies in the zone of 280 to 285 where the stock has formed a bottom in the month of December-2017 and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 270 to 275 where Fibonacci levels are lying. During the week the stock manages to hit a low of 286 and close the week around the levels of 291.

Support for the stock lies in the zone of 280 to 285 where the stock has formed a bottom in the month of December-2017 and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 270 to 275 where Fibonacci levels are lying.

Resistance for the stock lies in the zone of 300 to 305 from where the stock has broken down and short & medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 310 to 315.

Broad range for the stock in the coming week is seen between 270 to 275 on downside & 305 to 310 on upside.

Wipro Outlook for the Week (Feb 12, 2018 – Feb 16, 2018)

EquityPandit’s Outlook for Wipro for the week  (Feb 12, 2018 – Feb 16, 2018) : 

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 5.20%.

As we have mentioned last week, that support for the stock lies in the zone of 295 to 300 where medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 280 to 285 where the stock has formed a bottom in the month of December-2017 and long term moving averages are lying. During the week the stock manages to hit a low of 284 and close the week around the levels of 285.

Support for the stock lies in the zone of 280 to 285 where the stock has formed a bottom in the month of December-2017 and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 270 to 275 where Fibonacci levels are lying.

Resistance for the stock lies in the zone of 300 to 305 from where the stock has broken down and short & medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 310 to 315.

Broad range for the stock in the coming week is seen between 270 to 275 on downside & 300 to 305 on upside.

Wipro Outlook for the Week (Feb 05, 2018 – Feb 09, 2018)

EquityPandit’s Outlook for Wipro for the week  (Feb 05, 2018 – Feb 09, 2018) : 

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 3.60%.

As we have mentioned last week, that support for the stock lies in the zone of 308 to 310 from where the stock broke out of the top formed in the month of November-2017. If the stock manages to close below these levels then the stock can drift to the levels of 300 to 303 where short & medium term moving averages are lying. During the week the stock manages to hit a low of 295 and close the week around the levels of 301.

Support for the stock lies in the zone of 295 to 300 where medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 280 to 285 where the stock has formed a bottom in the month of December-2017 and long term moving averages are lying.

Resistance for the stock lies in the zone of 305 to 307 from where the stock has broken down. If the stock manages to close above these levels then the stock can move to the levels of 315 to 320.

Broad range for the stock in the coming week is seen between 280 to 285 on downside & 315 to 320 on upside.

Wipro Outlook for the Week (Jan 22, 2018 – Jan 25, 2018)

EquityPandit’s Outlook for Wipro for the week  (Jan 22, 2018 – Jan 25, 2018) : 

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 3.00%.

As we have mentioned last week, that support for the stock lies in the zone of 312 to 314 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 304 to 306 from where the stock broke out of the top formed in the month of November-2017. During the week the stock manages to hit a low of 313 and close the week around the levels of 329.

Minor support for the stock lies in the zone of 322 to 325. Support for the stock lies in the zone of 312 to 314 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 304 to 306 from where the stock broke out of the top formed in the month of November-2017.

Resistance for the stock lies in the zone of 330 to 335 where the stock has formed a top in the month of March-2015. If the stock manages to close above these levels then the stock can move to the levels of 345 to 350.

Broad range for the stock in the coming week is seen between 300 to 305 on downside & 345 to 350 on upside.

Wipro Outlook for the Week (Jan 15, 2018 – Jan 19, 2018)

EquityPandit’s Outlook for Wipro for the week  (Jan 15, 2018 – Jan 19, 2018) : 

WIPRO:

 

Wipro

 

Wipro closed the week on positive note gaining around 2.90%.

As we have mentioned last week, that support for the stock lies in the zone of 308 to 310 from where the stock broke out of the top formed in the month of November-2017. If the stock manages to close below these levels then the stock can drift to the levels of 294 to 296 where short and medium term moving averages are lying. During the week the stock manages to hit a low of 306 and close the week around the levels of 319.

Support for the stock lies in the zone of 312 to 314 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 304 to 306 from where the stock broke out of the top formed in the month of November-2017.

Resistance for the stock lies in the zone of 324 to 327. If the stock manages to close above these levels then the stock can move to the levels of 330 to 335 where the stock has formed a top in the month of March-2015.

Broad range for the stock in the coming week is seen between 300 to 305 on downside & 330 to 335 on upside.

Wipro Outlook for the Week (Jan 01, 2018 – Jan 05, 2018)

EquityPandit’s Outlook for Wipro for the week  Jan 01, 2018 – Jan 05, 2018) : 

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 4.20%.

As we have mentioned last week, that resistance for the stock lies in the zone of 305 to 308 where the stock has formed a top in the month of November-2017. If the stock manages to close above these levels then the stock can move to the levels of 315 to 317. During the week the stock manages to hit a high of 316 and close the week around the levels of 314.

Support for the stock lies in the zone of 308 to 310 from where the stock broke out of the top formed in the month of November-2017. If the stock manages to close below these levels then the stock can drift to the levels of 294 to 296 where short and medium term moving averages are lying.

Resistance for the stock lies in the zone of 315 to 317. If the stock manages to close above these levels then the stock can move to the levels of 330 to 335 where the stock has formed a top in the month of March-2015.

Broad range for the stock in the coming week is seen between 295 to 300 on downside & 330 to 335 on upside.

Wipro Outlook for the Week (Dec 26, 2017 – Dec 29, 2017)

EquityPandit’s Outlook for Wipro for the week  (Dec 26, 2017 – Dec 29, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 4.00%.

As we have mentioned last week, that support for the stock lies in the zone of 278 to 280 where the stock has taken support in the month of September-2017. If the stock manages to close below these levels then the stock can drift to the levels of 272 to 274 where long term moving averages are lying. During the week the stock manages to hit a low of 284 and close the week around the levels of 302.

Support for the stock lies in the zone of 294 to 296 where short and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 278 to 280 where the stock has taken support in the month of September-2017.

Resistance for the stock lies in the zone of 305 to 308 where the stock has formed a top in the month of November-2017. If the stock manages to close above these levels then the stock can move to the levels of 315 to 317.

Broad range for the stock in the coming week is seen between 280 to 282 on downside & 315 to 320 on upside.

Wipro Outlook for the Week (Dec 18, 2017 – Dec 22, 2017)

EquityPandit’s Outlook for Wipro for the week  (Dec 18, 2017 – Dec 22, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 2.50%.

As we have mentioned last week, that resistance for the stock lies in the zone of 286 to 288 where trend-line resistance for the stock is lying. If the stock manages to close above these levels then the stock can move to the levels of 292 to 294 where short and medium term moving averages are lying. During the week the stock manages to hit a high of 291 and close the week around the levels of 290.

Support for the stock lies in the zone of 278 to 280 where the stock has taken support in the month of September-2017. If the stock manages to close below these levels then the stock can drift to the levels of 272 to 274 where long term moving averages are lying.

Resistance for the stock lies in the zone of 292 to 294 where trend-line resistance for the stock and short and medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 298 to 300 where break down levels are lying.

Broad range for the stock in the coming week is seen between 280 to 282 on downside & 300 to 302 on upside.

Wipro Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for Wipro for the week  (Dec 11, 2017 – Dec 15, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 2.20%.

As we have mentioned last week, that support for the stock lies in the zone of 286 to 288 where trend-line support for the stock is lying. If the stock manages to close below these levels then the stock can drift to the levels of 278 to 280 where the stock has taken support in the month of September-2017. During the week the stock manages to hit a low of 280 and close the week around the levels of 283.

Support for the stock lies in the zone of 278 to 280 where the stock has taken support in the month of September-2017. If the stock manages to close below these levels then the stock can drift to the levels of 272 to 274 where long term moving averages are lying.

Resistance for the stock lies in the zone of 286 to 288 where trend-line resistance for the stock is lying. If the stock manages to close above these levels then the stock can move to the levels of 292 to 294 where short and medium term moving averages are lying.

Broad range for the stock in the coming week is seen between 272 to 275 on downside & 290 to 292 on upside.

Wipro Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for Wipro for the week  (Dec 04, 2017 – Dec 08, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 1.10%.

As we have mentioned last week, that support for the stock lies in the zone of 292 to 294 where break out levels and short term moving averages for the stock is lying. If the stock manages to close below these levels then the stock can drift to the levels of 285 to 287 where medium term moving averages and trend-line support for the stock is lying. During the week the stock manages to hit a low of 288 and close the week around the levels of 289.

Support for the stock lies in the zone of 286 to 288 where trend-line support for the stock is lying. If the stock manages to close below these levels then the stock can drift to the levels of 278 to 280 where the stock has taken support in the month of September-2017.

Minor resistance for the stock lies in the zone of 292 to 293. Resistance for the stock lies in the zone of 298 to 300 where break down levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 305 to 307 from where the stock has broken down.

Broad range for the stock in the coming week is seen between 278 to 280 on downside & 298 to 300 on upside.

Wipro Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for Wipro for the week  (Nov 27, 2017 – Dec 01, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 0.80%.

As we have mentioned last week, that support for the stock lies in the zone of 292 to 294 where break out levels and short term moving averages for the stock is lying. If the stock manages to close below these levels then the stock can drift to the levels of 285 to 287 where medium term moving averages and trend-line support for the stock is lying. During the week the stock manages to hit a low of 291 and close the week around the levels of 293.

Support for the stock lies in the zone of 292 to 294 where break out levels and short term moving averages for the stock is lying. If the stock manages to close below these levels then the stock can drift to the levels of 285 to 287 where medium term moving averages and trend-line support for the stock is lying.

Minor resistance for the stock lies in the zone of 297 to 299. Resistance for the stock lies in the zone of 305 to 307 from where the stock has broken down. If the stock manages to close above these levels then the stock can move to the levels of 315 to 318.

Broad range for the stock in the coming week is seen between 285 to 288 on downside & 305 to 310 on upside.

Wipro Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for Wipro for the week  (Nov 20, 2017 – Nov 24, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 2.50%.

As we have mentioned last week, that support for the stock lies in the zone of 297 to 299 from where the stock broke out after consolidation. If the stock manages to close below these levels then the stock can drift to the levels of 292 to 294 where break out levels and short term moving averages for the stock is lying. During the week the stock manages to hit a low of 294 and close the week around the levels of 295.

Support for the stock lies in the zone of 292 to 294 where break out levels and short term moving averages for the stock is lying. If the stock manages to close below these levels then the stock can drift to the levels of 285 to 287 where medium term moving averages and trend-line support for the stock is lying.

Minor resistance for the stock lies in the zone of 297 to 299. Resistance for the stock lies in the zone of 305 to 307 from where the stock has broken down. If the stock manages to close above these levels then the stock can move to the levels of 315 to 318.

Broad range for the stock in the coming week is seen between 285 to 288 on downside & 305 to 310 on upside.

Wipro Outlook for the Week (Nov 13, 2017 – Nov 17, 2017)

EquityPandit’s Outlook for Wipro for the week  (Nov 13, 2017 – Nov 17, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 2.70%.

As we have mentioned last week, that resistance for the stock lies in the zone of 300 to 303 where the stock has formed a top in the month of September-2017. If the stock manages to close above these levels then the stock can move to the levels of 308 to 310. During the week the stock manages to hit a high of 309 and close the week around the levels of 303.

Support for the stock lies in the zone of 297 to 299 from where the stock broke out after consolidation. If the stock manages to close below these levels then the stock can drift to the levels of 292 to 294 where break out levels and short term moving averages for the stock is lying.

Resistance for the stock lies in the zone of 305 to 307 from where the stock has broken down. If the stock manages to close above these levels then the stock can move to the levels of 315 to 318.

Broad range for the stock in the coming week is seen between 295 to 298 on downside & 315 to 318 on upside.

Wipro Outlook for the Week (Nov 06, 2017 – Nov 10, 2017)

EquityPandit’s Outlook for Wipro for the week  (Nov 06, 2017 – Nov 10, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 0.80%.

As we have mentioned last week, that minor support for the stock lies in the zone of 294 to 295. Support for the stock lies in the zone of 288 to 290 where break out levels for the stock is lying. If the stock manages to close below these levels then the stock can drift to the levels of 278 to 280 where medium term moving averages and trend-line support for the stock is lying. During the week the stock manages to hit a low of 292 and close the week around the levels of 295.

Support for the stock lies in the zone of 290 to 292 where break out levels and short term moving averages for the stock is lying. If the stock manages to close below these levels then the stock can drift to the levels of 280 to 282 where medium term moving averages and trend-line support for the stock is lying.

Resistance for the stock lies in the zone of 300 to 303 where the stock has formed a top in the month of September-2017. If the stock manages to close above these levels then the stock can move to the levels of 308 to 310.

Broad range for the stock in the coming week is seen between 285 to 288 on downside & 305 to 308 on upside.

Wipro Outlook for the Week (Oct 30, 2017 – Nov 03, 2017)

EquityPandit’s Outlook for Wipro for the week  (Oct 30, 2017 – Nov 03, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 1.70%.

As we have mentioned last week, that resistance for the stock lies in the zone of 294 to 296 from where the stock broke down after consolidation. If the stock manages to close above these levels then the stock can move to the levels of 300 to 303 where the stock has formed a top in the month of September-2017. During the week the stock manages to hit a high of 304 and close the week around the levels of 297.

Minor support for the stock lies in the zone of 294 to 295. Support for the stock lies in the zone of 288 to 290 where break out levels for the stock is lying. If the stock manages to close below these levels then the stock can drift to the levels of 278 to 280 where medium term moving averages and trend-line support for the stock is lying.

Resistance for the stock lies in the zone of 300 to 303 where the stock has formed a top in the month of September-2017. If the stock manages to close above these levels then the stock can move to the levels of 308 to 310.

Broad range for the stock in the coming week is seen between 288 to 290 on downside & 305 to 308 on upside.

Wipro Outlook for the Week (Oct 23, 2017 – Oct 27, 2017)

EquityPandit’s Outlook for Wipro for the week  (Oct 23, 2017 – Oct 27, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on absolutely flat note.

As we have mentioned last week, that resistance for the stock lies in the zone of 294 to 296 from where the stock broke down after consolidation. If the stock manages to close above these levels then the stock can move to the levels of 300 to 303 where the stock has formed a top in the month of September-2017. During the week the stock manages to hit a high of 299 and close the week around the levels of 292.

Support for the stock lies in the zone of 288 to 290 where short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 278 to 280 where medium term moving averages and trend-line support for the stock is lying.

Resistance for the stock lies in the zone of 294 to 296 from where the stock broke down after consolidation. If the stock manages to close above these levels then the stock can move to the levels of 300 to 303 where the stock has formed a top in the month of September-2017.

Broad range for the stock in the coming week is seen between 282 to 284 on downside & 300 to 303 on upside.

Wipro Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for Wipro for the week  (Oct 09, 2017 – Oct 13, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 2.30%.

As we have mentioned last week, that minor resistance for the stock lies in the zone of 284 to 285. Resistance for the stock lies in the zone of 288 to 290 where short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 294 to 296 from where the stock broke down after consolidation. During the week the stock manages to hit a high of 287 and close the week around the levels of 286.

Minor support for the stock lies in the zone of 281 to 283. Support for the stock lies in the zone of 275 to 277 where medium term moving averages and trend-line support for the stock is lying. If the stock manages to close below these levels then the stock can drift to the levels of 264 to 266 where Fibonacci levels are lying.

Resistance for the stock lies in the zone of 288 to 290 where short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 294 to 296 from where the stock broke down after consolidation.

Broad range for the stock in the coming week is seen between 275 to 277 on downside & 292 to 294 on upside.

Wipro Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for Wipro for the week  (Sep 25, 2017 – Sep 29, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 3.00%.

As we have mentioned last week, that support for the stock lies in the zone of 281 to 284 from where the stock broke out of June-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 272 to 274 from where the stock has opened gap up. During the week the stock manages to hit a low of 283 and close the week around the levels of 294.

Minor support for the stock lies in the zone of 289 to 291. Support for the stock lies in the zone of 281 to 284 from where the stock broke out of June-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 272 to 274 from where the stock has opened gap up.

Resistance for the stock lies in the zone of 293 to 295. If the stock manages to close above these levels then the stock can move to the levels of 302 to 304.

Broad range for the stock in the coming week is seen between 282 to 284 on downside & 300 to 304 on upside.

Wipro Outlook for the Week (Sep 18, 2017 – Sep 22, 2017)

EquityPandit’s Outlook for Wipro for the week  (Sep 18, 2017 – Sep 22, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 4.90%.

As we have mentioned last week, that resistance for the stock lies in the zone of 300 to 302. If the stock manages to close above these levels then the stock can move to the levels of 308 to 310 where long term Fibonacci levels are lying. During the week the stock manages to hit a high of 303 and close the week around the levels of 286.

Support for the stock lies in the zone of 281 to 284 from where the stock broke out of June-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 272 to 274 from where the stock has opened gap up.

Resistance for the stock lies in the zone of 288 to 290. If the stock manages to close above these levels then the stock can move to the levels of 293 to 295.

Broad range for the stock in the coming week is seen between 278 to 280 on downside & 292 to 294 on upside.

Wipro Outlook for the Week (Sep 11, 2017 – Sep 15, 2017)

EquityPandit’s Outlook for Wipro for the week  (Sep 11, 2017 – Sep 15, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 1.50%.

As we have mentioned last week, that support for the stock lies in the zone of 294 to 296 from where the stock broke out after consolidation. If the stock manages to close below these levels then the stock can drift to the levels of 284 to 286 from where the stock broke out of June-2017 highs. During the week the stock manages to hit a low of 296 and close the week around the levels of 300.

Support for the stock lies in the zone of 294 to 296 from where the stock broke out after consolidation. If the stock manages to close below these levels then the stock can drift to the levels of 284 to 286 from where the stock broke out of June-2017 highs.

Resistance for the stock lies in the zone of 300 to 302. If the stock manages to close above these levels then the stock can move to the levels of 308 to 310 where long term Fibonacci levels are lying.

Broad range for the stock in the coming week is seen between 288 to 290 on downside & 308 to 310 on upside.

Wipro Outlook for the Week (Sep 04, 2017 – Sep 08, 2017)

EquityPandit’s Outlook for Wipro for the week  (Sep 04, 2017 – Sep 08, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 2.50%.

As we have mentioned last week, that resistance for the stock lies in the zone of 288 to 290. If the stock manages to close above these levels then the stock can move to the levels of 294 to 296 where long term Fibonacci levels are lying. During the week the stock manages to hit a high of 300 and close the week around the levels of 296.

Support for the stock lies in the zone of 294 to 296 from where the stock broke out after consolidation. If the stock manages to close below these levels then the stock can drift to the levels of 284 to 286 from where the stock broke out of June-2017 highs.

Resistance for the stock lies in the zone of 300 to 302. If the stock manages to close above these levels then the stock can move to the levels of 308 to 310 where long term Fibonacci levels are lying.

Broad range for the stock in the coming week is seen between 288 to 290 on downside & 305 to 308 on upside.

Wipro Outlook for the Week (Aug 28, 2017 – Sep 01, 2017)

EquityPandit’s Outlook for Wipro for the week  (Aug 28, 2017 – Sep 01, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 0.50%.

As we have mentioned last week, that support for the stock lies in the zone of 284 to 286 from where the stock broke out of June-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 275 to 277 from where the stock broke out on gap up opening. During the week the stock manages to hit a low of 287 and close the week around the levels of 289.

Support for the stock lies in the zone of 284 to 286 from where the stock broke out of June-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 275 to 277 from where the stock broke out on gap up opening.

Resistance for the stock lies in the zone of 288 to 290. If the stock manages to close above these levels then the stock can move to the levels of 294 to 296 where long term Fibonacci levels are lying.

Broad range for the stock in the coming week is seen between 282 to 284 on downside & 294 to 296 on upside.

Wipro Outlook for the Week (Aug 21, 2017 – Aug 25, 2017)

EquityPandit’s Outlook for Wipro for the week  (Aug 21, 2017 – Aug 25, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 0.50%.

As we have mentioned last week, that support for the stock lies in the zone of 284 to 286 from where the stock broke out of June-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 275 to 277 from where the stock broke out on gap up opening. During the week the stock manages to hit a low of 287 and close the week around the levels of 288.

Support for the stock lies in the zone of 284 to 286 from where the stock broke out of June-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 275 to 277 from where the stock broke out on gap up opening.

Resistance for the stock lies in the zone of 288 to 290. If the stock manages to close above these levels then the stock can move to the levels of 294 to 296 where long term Fibonacci levels are lying.

Broad range for the stock in the coming week is seen between 282 to 284 on downside & 294 to 296 on upside.

Wipro Outlook for the Week (Aug 14, 2017 – Aug 18, 2017)

EquityPandit’s Outlook for Wipro for the week  (Aug 14, 2017 – Aug 18, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on absolutely flat note.

As we have mentioned last week, that support for the stock lies in the zone of 284 to 286 from where the stock broke out of June-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 275 to 277 from where the stock broke out on gap up opening. During the week the stock manages to hit a low of 285 and close the week around the levels of 290.

Support for the stock lies in the zone of 284 to 286 from where the stock broke out of June-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 275 to 277 from where the stock broke out on gap up opening.

Resistance for the stock lies in the zone of 288 to 290. If the stock manages to close above these levels then the stock can move to the levels of 294 to 296 where long term Fibonacci levels are lying.

Broad range for the stock in the coming week is seen between 282 to 284 on downside & 294 to 296 on upside.

Wipro Outlook for the Week (Aug 07, 2017 – Aug 11, 2017)

EquityPandit’s Outlook for Wipro for the week  (Aug 07, 2017 – Aug 11, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on absolutely flat note.

As we have mentioned last week, that resistance for the stock lies in the zone of 288 to 290. If the stock manages to close above these levels then the stock can move to the levels of 294 to 296 where long term Fibonacci levels are lying. During the week the stock manages to hit a high of 298 and close the week around the levels of 289.

Support for the stock lies in the zone of 284 to 286 from where the stock broke out of June-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 275 to 277 from where the stock broke out on gap up opening.

Resistance for the stock lies in the zone of 288 to 290. If the stock manages to close above these levels then the stock can move to the levels of 294 to 296 where long term Fibonacci levels are lying.

Broad range for the stock in the coming week is seen between 282 to 284 on downside & 294 to 296 on upside.

Wipro Outlook for the Week (July 31, 2017 – Aug 04, 2017)

EquityPandit’s Outlook for Wipro for the week  (July 31, 2017 – Aug 04, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 1.00%.

As we have mentioned last week, that resistance for the stock lies in the zone of 288 to 290. If the stock manages to close above these levels then the stock can move to the levels of 294 to 296 where long term Fibonacci levels are lying. During the week the stock manages to hit a high of 293 and close the week around the levels of 289.

Support for the stock lies in the zone of 284 to 286 from where the stock broke out of June-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 275 to 277 from where the stock broke out on gap up opening.

Resistance for the stock lies in the zone of 288 to 290. If the stock manages to close above these levels then the stock can move to the levels of 294 to 296 where long term Fibonacci levels are lying.

Broad range for the stock in the coming week is seen between 282 to 284 on downside & 294 to 296 on upside.

Wipro Outlook for the Week (July 24, 2017 – July 28, 2017)

EquityPandit’s Outlook for Wipro for the week  (July 24, 2017 – July 28, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 10.00%.

As we have mentioned last week, that resistance for the stock lies in the zone of 264 to 266 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 275 to 277. During the week the stock manages to hit a high of 291 and close the week around the levels of 286.

Minor support for the stock lies in the zone of 281 to 283. Support for the stock lies in the zone of 275 to 277 from where the stock broke out on gap up opening. If the stock manages to close below these levels then the stock can drift to the levels of 269 to 271 where Fibonacci levels are lying.

Resistance for the stock lies in the zone of 288 to 290. If the stock manages to close above these levels then the stock can move to the levels of 294 to 296 where long term Fibonacci levels are lying.

Broad range for the stock in the coming week is seen between 275 to 277 on downside & 294 to 296 on upside.

Wipro Outlook for the Week (July 17, 2017 – July 21, 2017)

EquityPandit’s Outlook for Wipro for the week  (July 17, 2017 – July 21, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 0.80%.

As we have mentioned last week that resistance for the stock lies in the zone of 258 to 260. If the stock manages to close above these levels then the stock can move to the levels of 264 to 266 where Fibonacci levels are lying. During the week the stock manages to hit a high of 273 and close the week around the levels of 260.

Minor support for the stock lies in the zone of 255 to 257. Support for the stock lies in the zone of 250 to 252 from where the stock broke out after consolidation and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 242 to 245 where 200 daily moving averages are lying.

Resistance for the stock lies in the zone of 264 to 266 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 275 to 277.

Broad range for the stock in the coming week is seen between 252 to 254 on downside & 265 to 267 on upside.

Wipro Outlook for the Week (July 10, 2017 – July 14, 2017)

EquityPandit’s Outlook for Wipro for the week  (July 10, 2017 – July 14, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on absolutely flat note.

As we have mentioned last week that support for the stock lies in the zone of 250 to 252 from where the stock broke out after consolidation and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 242 to 245 where 200 daily moving averages are lying. During the week the stock manages to hit a low of 252 and close the week around the levels of 258.

Support for the stock lies in the zone of 250 to 252 from where the stock broke out after consolidation and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 242 to 245 where 200 daily moving averages are lying.

Resistance for the stock lies in the zone of 258 to 260. If the stock manages to close above these levels then the stock can move to the levels of 264 to 266 where Fibonacci levels are lying.

Broad range for the stock in the coming week is seen between 250 to 252 on downside & 265 to 267 on upside.

Wipro Outlook for the Week (July 03, 2017 – July 07, 2017)

EquityPandit’s Outlook for Wipro for the week  (July 03, 2017 – July 07, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 0.60%.

As we have mentioned last week that support for the stock lies in the zone of 250 to 252 from where the stock broke out after consolidation and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 242 to 245 where 200 daily moving averages are lying. During the week the stock manages to hit a low of 253 and close the week around the levels of 258.

Support for the stock lies in the zone of 250 to 252 from where the stock broke out after consolidation and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 242 to 245 where 200 daily moving averages are lying.

Resistance for the stock lies in the zone of 258 to 260. If the stock manages to close above these levels then the stock can move to the levels of 264 to 266 where Fibonacci levels are lying.

Broad range for the stock in the coming week is seen between 250 to 252 on downside & 265 to 267 on upside.

Wipro Outlook for the Week (June 27, 2017 – June 30, 2017)

EquityPandit’s Outlook for Wipro for the week  (June 27, 2017 – June 30, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 0.60%.

As we have mentioned last week that support for the stock lies in the zone of 250 to 252 from where the stock broke out after consolidation and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 242 to 245 where 200 daily moving averages are lying. During the week the stock manages to hit a low of 252 and close the week around the levels of 257.

Support for the stock lies in the zone of 250 to 252 from where the stock broke out after consolidation and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 242 to 245 where 200 daily moving averages are lying.

Resistance for the stock lies in the zone of 258 to 260 from where the stock broke out of March-2017 and April-2017 highs. If the stock manages to close above these levels then the stock can move to the levels of 264 to 266 where Fibonacci levels are lying.

Broad range for the stock in the coming week is seen between 245 to 247 on downside & 265 to 267 on upside.

Wipro Outlook for the Week (June 19, 2017 – June 23, 2017)

EquityPandit’s Outlook for Wipro for the week  (June 19, 2017 – June 23, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 4.90%.

As we have mentioned last week that minor support for the stock lies in the zone of 268 to 270. Support for the stock lies in the zone of 259 to 260 from where the stock broke out of March-2017 and April-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 250 to 251 from where the stock broke out after consolidation and short term moving averages are lying. During the week the stock manages to hit a low of 252 and close the week around the levels of 255.

Support for the stock lies in the zone of 250 to 252 from where the stock broke out after consolidation and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 242 to 245 where 200 daily moving averages are lying.

Resistance for the stock lies in the zone of 258 to 260 from where the stock broke out of March-2017 and April-2017 highs. If the stock manages to close above these levels then the stock can move to the levels of 264 to 266 where Fibonacci levels are lying.

Broad range for the stock in the coming week is seen between 242 to 245 on downside & 264 to 266 on upside.

Wipro Outlook for the Week (June 12, 2017 – June 16, 2017)

EquityPandit’s Outlook for Wipro for the week  (June 12, 2017 – June 16, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 2.70%.

As we have mentioned last week that resistance for the stock lies in the zone of 555 to 557 from where the stock broke down. If the stock manages to close above these levels then the stock can move to the levels of 562 to 566. During the week the stock manages to hit a high of 568 and close the week around the levels of 537.

Minor support for the stock lies in the zone of 535 to 540. Support for the stock lies in the zone of 518 to 520 from where the stock broke out of March-2017 and April-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 505 from where the stock broke out after consolidation and short term moving averages are lying.

Minor resistance for the stock lies in the zone of 540 to 545. Resistance for the stock lies in the zone of 555 to 557 from where the stock broke down. If the stock manages to close above these levels then the stock can move to the levels of 565 to 568.

Broad range for the stock in the coming week is seen between 510 to 515 on downside & 555 to 560 on upside.

Wipro Outlook for the Week (June 05, 2017 – June 09, 2017)

EquityPandit’s Outlook for Wipro for the week  (June 05, 2017 – June 09, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 2.40%.

As we have mentioned last week that minor support for the stock lies in the zone of 530 to 533. Support for the stock lies in the zone of 518 to 520 from where the stock broke out of March-2017 and April-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 505 from where the stock broke out after consolidation and short term moving averages are lying. During the week the stock manages to hit a low of 529 and close the week around the levels of 552.

Minor support for the stock lies in the zone of 535 to 540. Support for the stock lies in the zone of 518 to 520 from where the stock broke out of March-2017 and April-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 505 from where the stock broke out after consolidation and short term moving averages are lying.

Resistance for the stock lies in the zone of 555 to 557 from where the stock broke down. If the stock manages to close above these levels then the stock can move to the levels of 562 to 566.

Broad range for the stock in the coming week is seen between 535 to 540 on downside & 560 to 565 on upside.

Wipro Outlook for the Week (May 29, 2017 – June 02, 2017)

EquityPandit’s Outlook for Wipro for the week  (May 29, 2017 – June 02, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 3.70%.

As we have mentioned last week that resistance for the stock lies in the zone of 525 to 530 from where the stock broke down in the month of August-2016. If the stock manages to close above these levels then the stock can move to the levels of 540 to 545 from where the stock broke down. During the week the stock manages to hit a high of 545 and close the week around the levels of 539.

Minor support for the stock lies in the zone of 530 to 533. Support for the stock lies in the zone of 518 to 520 from where the stock broke out of March-2017 and April-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 505 from where the stock broke out after consolidation and short term moving averages are lying.

Resistance for the stock lies in the zone of 540 to 545 from where the stock broke down. If the stock manages to close above these levels then the stock can move to the levels of 560 to 565.

Broad range for the stock in the coming week is seen between 515 to 520 on downside & 560 to 565 on upside.

Wipro Outlook for the Week (May 22, 2017 – May 26, 2017)

EquityPandit’s Outlook for Wipro for the week  (May 22, 2017 – May 26, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 2.50%.

As we have mentioned last week that resistance for the stock lies in the zone of 512 to 515 from where the stock broke down from the double bottom pattern. If the stock manages to close above these levels then the stock can move to the levels of 525 to 530 from where the stock broke down in the month of August-2016. During the week the stock manages to hit a high of 528 and close the week around the levels of 520.

Minor support for the stock lies in the zone of 513 to 515. Support for the stock lies in the zone of 500 to 502 where short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 490 to 495 where medium & 200 daily moving averages are lying.

Resistance for the stock lies in the zone of 525 to 530 from where the stock broke down in the month of August-2016. If the stock manages to close above these levels then the stock can move to the levels of 540 to 545 from where the stock broke down.

Broad range for the stock in the coming week is seen between 500 to 505 on downside & 540 to 545 on upside.

Wipro Outlook for the Week (May 15, 2017 – May 19, 2017)

EquityPandit’s Outlook for Wipro for the week  (May 15, 2017 – May 19, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 1.60%.

As we have mentioned last week that support for the stock lies in the zone of 492 to 495 where Fibonacci level and short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 480 to 485 from where the stock broke out after consolidation and medium term & 200 days moving averages are lying. During the week the stock manages to hit a low of 496 and close the week around the levels of 507.

Minor support for the stock lies in the zone of 501 to 503. Support for the stock lies in the zone of 492 to 495 where Fibonacci level is lying. If the stock manages to close below these levels then the stock can drift to the levels of 480 to 485 from where the stock broke out after consolidation and medium term & 200 days moving averages are lying.

Resistance for the stock lies in the zone of 512 to 515 from where the stock broke down from the double bottom pattern. If the stock manages to close above these levels then the stock can move to the levels of 525 to 530 from where the stock broke down in the month of August-2016.

Broad range for the stock in the coming week is seen between 490 to 495 on downside & 520 to 525 on upside.

Wipro Outlook for the Week (May 08, 2017 – May 12, 2017)

EquityPandit’s Outlook for Wipro for the week  (May 08, 2017 – May 12, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 1.00%.

As we have mentioned last week that minor resistance for the stock lies in the zone of 500 to 503. Resistance for the stock lies in the zone of 512 to 515 from where the stock broke down from the double bottom pattern. If the stock manages to close above these levels then the stock can move to the levels of 525 to 530 from where the stock broke down in the month of August-2016. During the week the stock manages to hit a high of 501 and close the week around the levels of 500.

Support for the stock lies in the zone of 492 to 495 where Fibonacci level and short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 480 to 485 from where the stock broke out after consolidation and medium term & 200 days moving averages are lying.

Minor resistance for the stock lies in the zone of 500 to 503. Resistance for the stock lies in the zone of 512 to 515 from where the stock broke down from the double bottom pattern. If the stock manages to close above these levels then the stock can move to the levels of 525 to 530 from where the stock broke down in the month of August-2016.

Broad range for the stock in the coming week is seen between 480 to 485 on downside & 515 to 520 on upside.

Wipro Outlook for the Week (May 02, 2017 – May 05, 2017)

EquityPandit’s Outlook for Wipro for the week  (May 02, 2017 – May 05, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 0.60%.

As we have mentioned last week that minor resistance for the stock lies in the zone of 500 to 503. Resistance for the stock lies in the zone of 512 to 515 from where the stock broke down from the double bottom pattern. If the stock manages to close above these levels then the stock can move to the levels of 525 to 530 from where the stock broke down in the month of August-2016. During the week the stock manages to hit a high of 512 and close the week around the levels of 494.

Support for the stock lies in the zone of 490 to 495 where Fibonacci level and 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 480 to 485 from where the stock broke out after consolidation and medium term moving averages are lying.

Minor resistance for the stock lies in the zone of 500 to 503. Resistance for the stock lies in the zone of 512 to 515 from where the stock broke down from the double bottom pattern. If the stock manages to close above these levels then the stock can move to the levels of 525 to 530 from where the stock broke down in the month of August-2016.

Broad range for the stock in the coming week is seen between 475 to 480 on downside & 515 to 520 on upside.

Wipro Outlook for the Week (April 24, 2017 – April 28, 2017)

EquityPandit’s Outlook for Wipro for the week  (April 24, 2017 – April 28, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 0.80%.

As we have mentioned last week that support for the stock lies in the zone of 490 to 495 where Fibonacci level and 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 480 to 485 from where the stock broke out after consolidation. During the week the stock manages to hit a low of 483 and close the week around the levels of 491.

Support for the stock lies in the zone of 490 to 495 where Fibonacci level and 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 480 to 485 from where the stock broke out after consolidation and medium term moving averages are lying.

Minor resistance for the stock lies in the zone of 500 to 503. Resistance for the stock lies in the zone of 512 to 515 from where the stock broke down from the double bottom pattern. If the stock manages to close above these levels then the stock can move to the levels of 525 to 530 from where the stock broke down in the month of August-2016.

Broad range for the stock in the coming week is seen between 475 to 480 on downside & 515 to 520 on upside.

Wipro Outlook for the Week (April 17, 2017 – April 21, 2017)

EquityPandit’s Outlook for Wipro for the week  (April 17, 2017 – April 21, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 3.20%.

As we have mentioned last week that minor support for the stock lies in the zone of 504 to 508. Support for the stock lies in the zone of 490 to 495 where Fibonacci level and 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 480 to 485 from where the stock broke out after consolidation. During the week the stock manages to hit a low of 492 and close the week around the levels of 495.

Support for the stock lies in the zone of 490 to 495 where Fibonacci level and 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 480 to 485 from where the stock broke out after consolidation.

Minor resistance for the stock lies in the zone of 500 to 503. Resistance for the stock lies in the zone of 512 to 515 from where the stock broke down from the double bottom pattern. If the stock manages to close above these levels then the stock can move to the levels of 525 to 530 from where the stock broke down in the month of August-2016.

Broad range for the stock in the coming week is seen between 475 to 480 on downside & 515 to 520 on upside.

Wipro Outlook for the Week (April 10, 2017 – April 13, 2017)

EquityPandit’s Outlook for Wipro for the week  (April 10, 2017 – April 13, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 0.70%.

As we have mentioned last week that resistance for the stock lies in the zone of 510 to 515 from where the stock broke down from the double bottom pattern. If the stock manages to close above these levels then the stock can move to the levels of 525 to 530 from where the stock broke down in the month of August-2016. During the week the stock manages to hit a high of 516 and close the week around the levels of 512.

Minor support for the stock lies in the zone of 504 to 508. Support for the stock lies in the zone of 490 to 495 where Fibonacci level and 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 480 to 485 from where the stock broke out after consolidation.

Resistance for the stock lies in the zone of 512 to 515 from where the stock broke down from the double bottom pattern. If the stock manages to close above these levels then the stock can move to the levels of 525 to 530 from where the stock broke down in the month of August-2016.

Broad range for the stock in the coming week is seen between 495 to 500 on downside & 525 to 530 on upside.

Wipro Outlook for the Week (April 03, 2017 – April 07, 2017)

EquityPandit’s Outlook for Wipro for the week  (April 03, 2017 – April 07, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 0.50%.

As we have mentioned last week that minor support for the stock lies in the zone of 505 to 508. Support for the stock lies in the zone of 490 to 495 where Fibonacci level and 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 480 to 485 from where the stock broke out after consolidation. During the week the stock manages to hit a low of 503 and close the week around the levels of 516.

Minor support for the stock lies in the zone of 508 to 510. Support for the stock lies in the zone of 490 to 495 where Fibonacci level and 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 480 to 485 from where the stock broke out after consolidation.

Resistance for the stock lies in the zone of 510 to 515 from where the stock broke down from the double bottom pattern. If the stock manages to close above these levels then the stock can move to the levels of 525 to 530 from where the stock broke down in the month of August-2016.

Broad range for the stock in the coming week is seen between 495 to 500 on downside & 525 to 530 on upside.

Wipro Outlook for the Week (March 27, 2017 – March 31, 2017)

EquityPandit’s Outlook for Wipro for the week (March 27, 2017 – March 31, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 1.80%.

As we have mentioned last week that resistance for the stock lies in the zone of 510 to 515 from where the stock broke down from the double bottom pattern. If the stock manages to close above these levels then the stock can move to the levels of 525 to 530 from where the stock broke down in the month of August-2017. During the week the stock manages to hit a high of 514 and close the week around the levels of 513.

Minor support for the stock lies in the zone of 505 to 508. Support for the stock lies in the zone of 490 to 495 where Fibonacci level and 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 480 to 485 from where the stock broke out after consolidation.

Resistance for the stock lies in the zone of 510 to 515 from where the stock broke down from the double bottom pattern. If the stock manages to close above these levels then the stock can move to the levels of 525 to 530 from where the stock broke down in the month of August-2016.

Broad range for the stock in the coming week is seen between 490 to 495 on downside & 522 to 525 on upside.

Wipro Outlook for the Week (March 20, 2017 – March 24, 2017)

EquityPandit’s Outlook for Wipro for the week (March 20, 2017 – March 24, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 3.50%.

As we have mentioned last week that resistance for the stock lies in the zone of 495 to 500 where the stock has form a top in the month of October-2016, Fibonacci level and 200 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 510 to 515 from where the stock broke down from the double bottom pattern. During the week the stock manages to hit a high of 507 and close the week around the levels of 504.

Support for the stock lies in the zone of 490 to 495 where Fibonacci level and 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 480 to 485 from where the stock broke out after consolidation.

Resistance for the stock lies in the zone of 510 to 515 from where the stock broke down from the double bottom pattern. If the stock manages to close above these levels then the stock can move to the levels of 525 to 530 from where the stock broke down in the month of August-2017.

Broad range for the stock in the coming week is seen between 480 to 485 on downside & 520 to 525 on upside.

Wipro Outlook for the Week (March 14, 2017 – March 17, 2017)

EquityPandit’s Outlook for Wipro for the week (March 14, 2017 – March 17, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 1.40%.

As we have mentioned last week that resistance for the stock lies in the zone of 495 to 500 where the stock has form a top in the month of October-2016, Fibonacci level and 200 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 510 to 515 from where the stock broke down from the double bottom pattern. During the week the stock manages to hit a high of 500 and close the week around the levels of 487.

Minor support for the stock lies in the zone of 483 to 485. Support for the stock lies in the zone of 470 to 475 where the stock has taken multiple support and short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 460 to 463 from where the stock has broken out of consolidation zone.

Resistance for the stock lies in the zone of 495 to 500 where the stock has form a top in the month of October-2016, Fibonacci level and 200 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 510 to 515 from where the stock broke down from the double bottom pattern.

Broad range for the stock in the coming week is seen between 470 to 475 on downside & 505 to 510 on upside.

Wipro Outlook for the Week (March 06, 2017 – March 10, 2017)

EquityPandit’s Outlook for Wipro for the week (March 06, 2017 – March 10, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 1.60%.

As we have mentioned last week that resistance for the stock lies in the zone of 485 to 490 where the stock has formed a gap on gap down opening on 24/10/2016. If the stock manages to close above these levels then the stock can move to the levels of 495 to 500 where the stock has form a top in the month of October-2016, Fibonacci level and 200 Daily SMA is lying. During the week the stock manages to hit a high of 496 and close the week around the levels of 494.

Minor support for the stock lies in the zone of 483 to 485. Support for the stock lies in the zone of 468 to 470 where the stock has taken multiple support and short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 460 to 463 from where the stock has broken out of consolidation zone.

Resistance for the stock lies in the zone of 495 to 500 where the stock has form a top in the month of October-2016, Fibonacci level and 200 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 510 to 515 from where the stock broke down from the double bottom pattern.

Broad range for the stock in the coming week is seen between 480 to 485 on downside & 505 to 510 on upside.

Wipro Outlook for the Week (February 27, 2017 – March 03, 2017)

EquityPandit’s Outlook for Wipro for the week (February 27, 2017 – March 03, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 2.30%.

As we have mentioned last week that minor support for the stock lies in the zone of 465 to 470. Support for the stock lies in the zone of 450 to 453 from where the stock has bounced couple of times in the month of December-2016. If the stock manages to close below these levels then the stock can drift to the levels of 430 to 435 where the stock has taken multiple support in the month of November-2016. During the week the stock manages to hit a low of 470 and close the week around the levels of 486.

Minor support for the stock lies in the zone of 477 to 480. Support for the stock lies in the zone of 468 to 470 where the stock has taken multiple support. If the stock manages to close below these levels then the stock can drift to the levels of 460 to 463 from where the stock has broken out of consolidation zone.

Resistance for the stock lies in the zone of 485 to 490 where the stock has formed a gap on gap down opening on 24/10/2016. If the stock manages to close above these levels then the stock can move to the levels of 495 to 500 where the stock has form a top in the month of October-2016, Fibonacci level and 200 Daily SMA is lying.

Broad range for the stock in the coming week is seen between 470 to 475 on downside & 500 to 505 on upside.

Wipro Outlook for the Week (February 20, 2017 – February 24, 2017)

EquityPandit’s Outlook for Wipro for the week (February 20, 2017 – February 24, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 1.30%.

As we have mentioned last week that minor resistance for the stock lies in the zone of 465 to 470. Resistance for the stock lies in the zone of 485 to 490 where the stock has formed a gap on gap down opening on 24/10/2016. If the stock manages to close above these levels then the stock can move to the levels of 500 where the stock has form a top in the month of October-2016. During the week the stock manages to hit a high of 484 and close the week around the levels of 475.

Minor support for the stock lies in the zone of 465 to 470. Support for the stock lies in the zone of 450 to 453 from where the stock has bounced couple of times in the month of December-2016. If the stock manages to close below these levels then the stock can drift to the levels of 430 to 435 where the stock has taken multiple support in the month of November-2016.

Resistance for the stock lies in the zone of 485 to 490 where the stock has formed a gap on gap down opening on 24/10/2016. If the stock manages to close above these levels then the stock can move to the levels of 495 to 500 where the stock has form a top in the month of October-2016, Fibonacci level and 200 Daily SMA is lying.

Broad range for the stock in the coming week is seen between 460 to 465 on downside & 490 to 495 on upside.

Wipro Outlook for the Week (February 13, 2017 – February 17, 2017)

EquityPandit’s Outlook for Wipro for the week (February 13, 2017 – February 17, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 2.50%.

As we have mentioned last week that support for the stock lies in the zone of 450 to 453 from where the stock has bounced couple of times in the month of December-2016. If the stock manages to close below these levels then the stock can drift to the levels of 430 to 435 where the stock has taken multiple support in the month of November-2016. During the week the stock manages to hit a low of 454 and close the week around the levels of 469.

Minor support for the stock lies in the zone of 460 to 463. Support for the stock lies in the zone of 450 to 453 from where the stock has bounced couple of times in the month of December-2016. If the stock manages to close below these levels then the stock can drift to the levels of 430 to 435 where the stock has taken multiple support in the month of November-2016.

Minor resistance for the stock lies in the zone of 465 to 470. Resistance for the stock lies in the zone of 485 to 490 where the stock has formed a gap on gap down opening on 24/10/2016. If the stock manages to close above these levels then the stock can move to the levels of 500 where the stock has form a top in the month of October-2016.

Broad range for the stock in the coming week is seen between 450 to 455 on downside & 490 to 495 on upside.

Wipro Outlook for the Week (February 06, 2017 – February 10, 2017)

EquityPandit’s Outlook for Wipro for the week (February 06, 2017 – February 10, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 1.70%.

As we have mentioned last week that support for the stock lies in the zone of 460 to 463 from where the stock has bounced in the month of January-2017. If the stock manages to close below these levels then the stock can drift to the levels of 450 to 453 from where the stock has bounced couple of times in the month of December-2016. During the week the stock manages to hit a low of 446 and close the week around the levels of 458.

Support for the stock lies in the zone of 450 to 453 from where the stock has bounced couple of times in the month of December-2016. If the stock manages to close below these levels then the stock can drift to the levels of 430 to 435 where the stock has taken multiple support in the month of November-2016.

Minor resistance for the stock lies in the zone of 465 to 470. Resistance for the stock lies in the zone of 485 to 490 where the stock has formed a gap on gap down opening on 24/10/2016. If the stock manages to close above these levels then the stock can move to the levels of 500 where the stock has form a top in the month of October-2016.

Broad range for the stock in the coming week is seen between 440 to 445 on downside to 480 to 485 on upside.

Wipro Outlook for the Week (January 30, 2017 – February 03, 2017)

EquityPandit’s Outlook for Wipro for the week (January 30, 2017 – February 03, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 2.60%.

As we have mentioned last week that resistance for the stock lies in the zone of 485 to 490 where the stock has formed a gap on gap down opening on 24/10/2016. If the stock manages to close above these levels then the stock can move to the levels of 500 where the stock has form a top in the month of October-2016. During the week the stock manages to hit a high of 484 and close the week around the levels of 466.

Support for the stock lies in the zone of 460 to 463 from where the stock has bounced in the month of January-2017. If the stock manages to close below these levels then the stock can drift to the levels of 450 to 453 from where the stock has bounced couple of times in the month of December-2016.

Minor resistance for the stock lies in the zone of 473 to 475. Resistance for the stock lies in the zone of 485 to 490 where the stock has formed a gap on gap down opening on 24/10/2016. If the stock manages to close above these levels then the stock can move to the levels of 500 where the stock has form a top in the month of October-2016.

Broad range for the stock in the coming week is seen between 445 to 450 on downside to 480 to 485 on upside.

Wipro Outlook for the Week (January 23, 2017 – January 27, 2017)

EquityPandit’s Outlook for Wipro for the week (January 23, 2017 – January 27, 2017) :

WIPRO:

 

wipro

 

Wipro closed the week on negative note losing around 1.40%.

As we have mentioned last week that resistance for the stock lies in the zone of 485 to 490 where the stock has formed a gap on gap down opening on 24/10/2016. If the stock manages to close above these levels then the stock can move to the levels of 500 where the stock has form a top in the month of October-2016. During the week the stock manages to hit a high of 488 and close the week around the levels of 478.

Minor support for the stock lies in the zone of 478 to 480. Support for the stock lies in the zone of 470 to 472 where medium term moving averages are lying. If the stock closes below these levels then the stock can drift to the levels of 458 to 460.

Resistance for the stock lies in the zone of 485 to 490 where the stock has formed a gap on gap down opening on 24/10/2016. If the stock manages to close above these levels then the stock can move to the levels of 500 where the stock has form a top in the month of October-2016.

Broad range for the stock in the coming week is seen between 460 to 465 on downside to 490 to 495 on upside.

Wipro Outlook for the Week (January 16, 2017 – January 20, 2017)

EquityPandit’s Outlook for Wipro for the week (January 16, 2017 – January 20, 2017) :

WIPRO:

 

wipro

 

Wipro closed the week on positive note gaining around 3.10%.

As we have mentioned last week that resistance for the stock lies in the zone of 470 to 475 from where the stock has broken down from the double bottom pattern in the month of September – 2016. If the stock manages to close above these levels then the stock can move to the levels of 485 to 490 where the stock has formed a gap on gap down opening on 24/10/2016. During the week the stock manages to hit a high of 486 and close the week around the levels of 485.

Minor support for the stock lies in the zone of 478 to 480. Support for the stock lies in the zone of 470 to 472 where short term moving averages are lying. If the stock closes below these levels then the stock can drift to the levels of 458 to 460.

Resistance for the stock lies in the zone of 485 to 490 where the stock has formed a gap on gap down opening on 24/10/2016. If the stock manages to close above these levels then the stock can move to the levels of 500 where the stock has form a top in the month of October-2016.

Broad range for the stock in the coming week is seen between 470 to 475 on downside to 500 to 505 on upside.

Wipro Outlook for the Week (January 09, 2017 – January 13, 2017)

EquityPandit’s Outlook for Wipro for the week (January 09, 2017 – January 13, 2017) :

WIPRO:

 

wipro

 

Wipro closed the week on negative note losing around 0.90%.

As we have mentioned last week that resistance for the stock lies in the zone of 470 to 475 from where the stock has broken down from the double bottom pattern in the month of September – 2016. If the stock manages to close above these levels then the stock can move to the levels of 485 to 490 where the stock has formed a gap on gap down opening on 24/10/2016. During the week the stock manages to hit a high of 486 and close the week around the levels of 470.

Minor support for the stock lies in the zone of 465 to 468. Support for the stock lies in the zone of 455 to 457 levels from where the stock has broken out on intraday basis. If the stock manages to close below these levels then the stock can drift to the levels of 435 to 440 levels where the stock has taken support couple of times last week.

Resistance for the stock lies in the zone of 470 to 475 from where the stock has broken down from the double bottom pattern in the month of September – 2016. If the stock manages to close above these levels then the stock can move to the levels of 485 to 490 where the stock has formed a gap on gap down opening on 24/10/2016.

Broad range for the stock in the coming week is seen between 455 to 460 on downside to 485 to 490 on upside.

Wipro Outlook for the Week (January 02, 2017 – January 06, 2017)

EquityPandit’s Outlook for Wipro for the week (January 02, 2017 – January 06, 2017) :

WIPRO:

 

wipro

 

Wipro closed the week on positive note gaining around 3.40%.

As we have mentioned last week that minor resistance for the stock lies in the zone of 461 to 463. Resistance for the stock lies in the zone of 470 to 475 from where the stock has broken down from the double bottom pattern in the month of September – 2016. If the stock manages to close above these levels then the stock can move to the levels of 480 to 490 where medium term moving averages are lying. During the week the stock manages to hit a high of 477 and close the week around the levels of 474.

Minor support for the stock lies in the zone of 465 to 468. Support for the stock lies in the zone of 455 to 457 levels from where the stock has broken out on intraday basis. If the stock manages to close below these levels then the stock can drift to the levels of 435 to 440 levels where the stock has taken support couple of times last week.

Resistance for the stock lies in the zone of 470 to 475 from where the stock has broken down from the double bottom pattern in the month of September – 2016. If the stock manages to close above these levels then the stock can move to the levels of 485 to 490 where the stock has formed a gap on gap down opening on 24/10/2016.

Broad range for the stock in the coming week is seen between 455 to 460 on downside to 485 to 490 on upside.

Wipro Outlook for the Week (December 26, 2016 – December 30, 2016)

EquityPandit’s Outlook for Wipro for the week (December 26, 2016 – December 30, 2016) :

WIPRO:

 

wipro

 

Wipro closed the week on negative note losing around 1.00%.

As we have mentioned last week that support for the stock lies in the zone of 455 to 457 levels from where the stock has broken out on intraday basis. If the stock manages to close below these levels then the stock can drift to the levels of 435 to 440 levels where the stock has taken support couple of times last week. During the week the stock manages to hit a low of 455 and close the week around the levels of 459.

Support for the stock lies in the zone of 455 to 457 levels from where the stock has broken out on intraday basis. If the stock manages to close below these levels then the stock can drift to the levels of 435 to 440 levels where the stock has taken support couple of times last week.

Minor resistance for the stock lies in the zone of 461 to 463. Resistance for the stock lies in the zone of 470 to 475 from where the stock has broken down from the double bottom pattern in the month of September – 2016. If the stock manages to close above these levels then the stock can move to the levels of 480 to 490 where medium term moving averages are lying.

Broad range for the stock in the coming week is seen between 440 to 445 on downside to 470 to 475 on upside.

Wipro Outlook for the Week (December 19, 2016 – December 23, 2016)

EquityPandit’s Outlook for Wipro for the week (December 19, 2016 – December 23, 2016) :

WIPRO:

 

wipro

 

Wipro closed the week on positive note gaining around 1.20%.

As we have mentioned last week that resistance for the stock lies in the zone of 470 to 475 from where the stock has broken down from the double bottom pattern in the month of September – 2016. If the stock manages to close above these levels then the stock can move to the levels of 480 to 490 where medium term moving averages are lying. During the week the stock manages to hit a high of 472 and close the week around the levels of 463.

Support for the stock lies in the zone of 455 to 457 levels from where the stock has broken out on intraday basis. If the stock manages to close below these levels then the stock can drift to the levels of 435 to 440 levels where the stock has taken support couple of times last week.

Resistance for the stock lies in the zone of 470 to 475 from where the stock has broken down from the double bottom pattern in the month of September – 2016. If the stock manages to close above these levels then the stock can move to the levels of 480 to 490 where medium term moving averages are lying.

Broad range for the stock in the coming week is seen between 445 to 450 on downside to 470 to 475 on upside.

Wipro Outlook for the Week (December 12, 2016 – December 16, 2016)

EquityPandit’s Outlook for Wipro for the week (December 12, 2016 – December 16, 2016) :

WIPRO:

 

wipro

 

Wipro closed the week on negative note losing around 0.50%.

As we have mentioned last week that support for the stock lies in the zone of 455 to 457 levels from where the stock has broken out on intraday basis. If the stock manages to close below these levels then the stock can drift to the levels of 435 to 440 levels where the stock has taken support couple of times last week. During the week the stock manages to hit a low of 452 and close the week around the levels of 458.

Support for the stock lies in the zone of 455 to 457 levels from where the stock has broken out on intraday basis. If the stock manages to close below these levels then the stock can drift to the levels of 435 to 440 levels where the stock has taken support couple of times last week.

Resistance for the stock lies in the zone of 470 to 475 from where the stock has broken down from the double bottom pattern in the month of September – 2016. If the stock manages to close above these levels then the stock can move to the levels of 480 to 490 where medium term moving averages are lying.

Broad range for the stock in the coming week is seen between 440 to 445 on downside to 470 to 475 on upside.

Wipro Outlook for the Week (December 05, 2016 – December 09, 2016)

EquityPandit’s Outlook for Wipro for the week (December 05, 2016 – December 09, 2016) :

WIPRO:

 

wipro

 

Wipro closed the week on negative note losing around 0.90%.

As we have mentioned last week that resistance for the stock lies in the zone of 470 to 475 from where the stock has broken down from the double bottom pattern in the month of September – 2016. If the stock manages to close above these levels then the stock can move to the levels of 480 to 490 where medium term moving averages are lying. During the week the stock manages to hit a high of 471 and close the week around the levels of 460.

Support for the stock lies in the zone of 455 to 457 levels from where the stock has broken out on intraday basis. If the stock manages to close below these levels then the stock can drift to the levels of 435 to 440 levels where the stock has taken support couple of times last week.

Resistance for the stock lies in the zone of 470 to 475 from where the stock has broken down from the double bottom pattern in the month of September – 2016. If the stock manages to close above these levels then the stock can move to the levels of 480 to 490 where medium term moving averages are lying.

Broad range for the stock in the coming week is seen between 440 to 445 on downside to 475 to 480 on upside.

Wipro Outlook for the Week (November 28, 2016 – December 02, 2016)

EquityPandit’s Outlook for Wipro for the week (November 28, 2016 – December 02, 2016) :

WIPRO:

 

wipro

 

Wipro closed the week on positive note gaining around 6.30%.

As we have mentioned last week that minor support for the stock lies in the zone of 428 to 430. The stock is in long term bear market and the stock is drifting through all the major support zones. Support for the stock lies in the zone of 400 to 410 where declining trend-line joining highs of January-2011 and April-2013 is lying. If the stock manages to close below these levels then the stock can drift to the levels of around 350. During the week the stock manages to hit a low of 437 and close the week around the levels of 465.

Support for the stock lies in the zone of 455 to 457 levels from where the stock has broken out on intraday basis. If the stock manages to close below these levels then the stock can drift to the levels of 435 to 440 levels where the stock has taken support couple of times last week.

Resistance for the stock lies in the zone of 470 to 475 from where the stock has broken down from the double bottom pattern in the month of September – 2016. If the stock manages to close above these levels then the stock can move to the levels of 480 to 490 where medium term moving averages are lying.

Broad range for the stock in the coming week is seen between 445 to 450 on downside to 475 to 480 on upside.

Wipro Outlook for the Week (November 21, 2016 – November 25, 2016)

EquityPandit’s Outlook for Wipro for the week (November 21, 2016 – November 25, 2016) :

WIPRO:

 

wipro

 

Wipro closed the week on negative note losing around 1.20%.

As we have mentioned last week that minor resistance for the stock lies in the zone of 450 to 455. Resistance for the stock lies in the zone of 470 to 475 from where the stock has broken down from the double bottom pattern in the month of September – 2016. If the stock manages to close above these levels then the stock can move to the levels of 480 to 490 where short term moving averages are lying. During the week the stock manages to hit a high of 455 and close the week around the levels of 437.

Minor support for the stock lies in the zone of 428 to 430. The stock is in long term bear market and the stock is drifting through all the major support zones. Support for the stock lies in the zone of 400 to 410 where declining trend-line joining highs of January-2011 and April-2013 is lying. If the stock manages to close below these levels then the stock can drift to the levels of around 350.

Minor resistance for the stock lies in the zone of 450 to 455. Resistance for the stock lies in the zone of 470 to 475 from where the stock has broken down from the double bottom pattern in the month of September – 2016. If the stock manages to close above these levels then the stock can move to the levels of 480 to 490 where medium term moving averages are lying.

Broad range for the stock in the coming week is seen between 410 to 420 on downside to 455 to 460 on upside.

Wipro Outlook for the Week (November 15, 2016 – November 18, 2016)

EquityPandit’s Outlook for Wipro for the week (November 15, 2016 – November 18, 2016) :

WIPRO:

 

wipro

 

Wipro closed the week on negative note losing around 2.20%.

As we have mentioned last week that support for the stock lies in the zone of 450 to 455 from where the stock broke out of the consolidation zone in the year 2012 and 2013. The stock has witnessed a sharp correction from the recent highs of 575 to 600. If the support zone of 450 does not hold there is possibility that the stock can drift to the levels of 350. During the week the stock manages to hit a low of 408 and close the week around the levels of 442.

The stock is in long term bear market and the stock is drifting through all the major support zones. Support for the stock lies in the zone of 400 to 410 where declining trend-line joining January-2011 and April-2013 is lying. If the stock manages to close below these levels then the stock can drift to the levels of around 350.

Minor resistance for the stock lies in the zone of 450 to 455. Resistance for the stock lies in the zone of 470 to 475 from where the stock has broken down from the double bottom pattern in the month of September – 2016. If the stock manages to close above these levels then the stock can move to the levels of 480 to 490 where short term moving averages are lying.

Broad range for the stock in the coming week is seen between 410 to 420 on downside to 455 to 460 on upside.

Wipro Outlook for the Week (November 07, 2016 – November 11, 2016)

EquityPandit’s Outlook for Wipro for the week (November 07, 2016 – November 11, 2016) :

WIPRO:

 

wipro

 

Wipro closed the week on negative note losing around 2.60%.

As we have mentioned last week that support for the stock lies in the zone of 450 to 455 from where the stock broke out of the consolidation zone in the year 2012 and 2013. The stock has witnessed a sharp correction from the recent highs of 575 to 600. If the support zone of 450 does not hold there is possibility that the stock can drift to the levels of 350. During the week the stock manages to hit a low of 444 and close the week around the levels of 453.

Support for the stock lies in the zone of 450 to 455 from where the stock broke out of the consolidation zone in the year 2012 and 2013. The stock has witnessed a sharp correction from the recent highs of 575 to 600. If the support zone of 450 does not hold there is possibility that the stock can drift to the levels of 350.

Resistance for the stock lies in the zone of 470 to 475 from where the stock has broken down from the double bottom pattern in the month of September – 2016. If the stock manages to close above these levels then the stock can move to the levels of 480 to 490 where short term moving averages are lying.

Broad range for the stock in the coming week is seen between 435 to 440 on downside to 475 to 480 on upside.

Wipro Outlook for the Week (November 01, 2016 – November 04, 2016)

EquityPandit’s Outlook for Wipro for the week (November 01, 2016 – November 04, 2016) :

WIPRO:

 

wipro

Wipro Outlook for the Week (October 24, 2016 – October 28, 2016)

EquityPandit’s Outlook for Wipro for the week (October 24, 2016 – October 28, 2016) :

WIPRO:

 

wipro

 

Wipro closed the week on positive note gaining around 5.10%.

As we have mentioned last week that minor resistance for the stock lies in the zone of 485 to 490. Resistance for the stock lies in the zone of 505 to 510 from where the stock has broken down from the long term support. If the stock manages to close above these levels then the stock can move to the levels of 515 to 520. During the week the stock manages to hit a high of 501 and close the week around the levels of 499.

Minor support for the stock lies in the zone of 485 to 490. Support for the stock lies in the zone of 470 to 475 where the stock has taken support in the month of December – 2013 and May – 2014. The stock has seen a major break down on long term charts and the stock can drift to the levels of around 450.

Resistance for the stock lies in the zone of 505 to 510 from where the stock has broken down from the long term support. If the stock manages to close above these levels then the stock can move to the levels of 515 to 520 where medium term moving averages are lying. Above the levels of 520 the stock can move to the levels of 532 to 535 where 200 Daily SMA is lying.

Broad range for the stock in the coming week is seen between 475 to 480 on downside to 515 to 520 on upside.

Wipro Outlook for the Week (October 17, 2016 – October 21, 2016)

EquityPandit’s Outlook for Wipro for the week (October 17, 2016 – October 21, 2016) :

WIPRO:

 

wipro

 

Wipro closed the week on negative note losing around 0.40%.

As we have mentioned last week that support for the stock lies in the zone of 470 to 475 where the stock has taken support in the month of December – 2013 and May – 2014. The stock has seen a major break down on long term charts and the stock can drift to the levels of around 450. During the week the stock manages to hit a low of 474 and close the week around the levels of 475.

Support for the stock lies in the zone of 470 to 475 where the stock has taken support in the month of December – 2013 and May – 2014. The stock has seen a major break down on long term charts and the stock can drift to the levels of around 450.

Minor resistance for the stock lies in the zone of 485 to 490. Resistance for the stock lies in the zone of 505 to 510 from where the stock has broken down from the long term support. If the stock manages to close above these levels then the stock can move to the levels of 515 to 520.

Broad range for the stock in the coming week is seen between 460 to 465 on downside to 495 to 500 on upside.

Wipro Outlook for the Week (October 10, 2016 – October 14, 2016)

EquityPandit’s Outlook for Wipro for the week (October 10, 2016 – October 14, 2016) :

WIPRO:

 

wipro

 

Wipro closed the week on negative note losing around 0.40%.

As we have mentioned last week that minor resistance for the stock lies in the zone of 485 to 490. Resistance for the stock lies in the zone of 505 to 510 from where the stock has broken down from the long term support. If the stock manages to close above these levels then the stock can move to the levels of 515 to 520. During the week the stock manages to hit a high of 485 and close the week around the levels of 477.

Support for the stock lies in the zone of 470 to 475 where the stock has taken support in the month of December – 2013 and May – 2014. The stock has seen a major break down on long term charts and the stock can drift to the levels of around 450.

Minor resistance for the stock lies in the zone of 485 to 490. Resistance for the stock lies in the zone of 505 to 510 from where the stock has broken down from the long term support. If the stock manages to close above these levels then the stock can move to the levels of 515 to 520.

Broad range for the stock in the coming week is seen between 460 to 465 on downside to 495 to 500 on upside.

Wipro Outlook for the Week (October 03, 2016 – October 07, 2016)

EquityPandit’s Outlook for Wipro for the week (October 03, 2016 – October 07, 2016) :

WIPRO:

 

wipro

 

Wipro closed the week on negative note losing around 0.30%.

As we have mentioned last week that the stock has seen a major break down on long term charts and the stock can drift to the levels of around 450. Support for the stock lies in the zone of 470 to 475 where the stock has taken support in the month of December – 2013 and May – 2014. During the week the stock manages to hit a low of 470 and close the week around the levels of 479.

The stock has seen a major break down on long term charts and the stock can drift to the levels of around 450. Support for the stock lies in the zone of 470 to 475 where the stock has taken support in the month of December – 2013 and May – 2014.

Minor resistance for the stock lies in the zone of 485 to 490. Resistance for the stock lies in the zone of 505 to 510 from where the stock has broken down from the long term support. If the stock manages to close above these levels then the stock can move to the levels of 515 to 520.

Broad range for the stock in the coming week is seen between 460 to 465 on downside to 495 to 500 on upside.

Wipro Outlook for the Week (September 26, 2016 – September 30, 2016)

EquityPandit’s Outlook for Wipro for the week (September 26, 2016 – September 30, 2016) :

WIPRO:

 

wipro

 

Wipro closed the week on positive note gaining around 0.20%.

As we have mentioned last week that the stock has seen a major break down on long term charts and the stock can drift to the levels of around 450. Support for the stock lies in the zone of 470 to 475 where the stock has taken support in the month of December – 2013 and May – 2014. During the week the stock manages to hit a low of 476 and close the week around the levels of 480.

The stock has seen a major break down on long term charts and the stock can drift to the levels of around 450. Support for the stock lies in the zone of 470 to 475 where the stock has taken support in the month of December – 2013 and May – 2014.

Minor resistance for the stock lies in the zone of 495. Resistance for the stock lies in the zone of 505 to 510 from where the stock has broken down from the long term support. If the stock manages to close above these levels then the stock can move to the levels of 515 to 520.

Broad range for the stock in the coming week is seen between 460 to 465 on downside to 495 to 500 on upside.

Wipro Outlook for the Week (September 19, 2016 – September 23, 2016)

EquityPandit’s Outlook for Wipro for the week (September 19, 2016 – September 23, 2016) :

WIPRO:

 

wipro

 

Wipro closed the week on negative note losing around 0.30%.

As we have mentioned last week that the stock has seen a major break down on long term charts and the stock can drift to the levels of around 450. Support for the stock lies in the zone of 470 to 475 where the stock has taken support in the month of December – 2013 and May – 2014. During the week the stock manages to hit a low of 472 and close the week around the levels of 479.

The stock has seen a major break down on long term charts and the stock can drift to the levels of around 450. Support for the stock lies in the zone of 470 to 475 where the stock has taken support in the month of December – 2013 and May – 2014.

Minor resistance for the stock lies in the zone of 495. Resistance for the stock lies in the zone of 505 to 510 from where the stock has broken down from the long term support. If the stock manages to close above these levels then the stock can move to the levels of 515 to 520.

Broad range for the stock in the coming week is seen between 460 to 465 on downside to 495 to 500 on upside.

Wipro Outlook for the Week (September 12, 2016 – September 16, 2016)

EquityPandit’s Outlook for Wipro for the week (September 12, 2016 – September 16, 2016) :

WIPRO:

 

wipro

 

Wipro closed the week on negative note losing around 0.60%.

As we have mentioned last week that the stock has seen a major break down on long term charts and the stock can drift to the levels of around 450. Support for the stock lies in the zone of 470 to 475 where the stock has taken support in the month of December – 2013 and May – 2014. During the week the stock manages to hit a low of 470 and close the week around the levels of 481.

The stock has seen a major break down on long term charts and the stock can drift to the levels of around 450. Support for the stock lies in the zone of 470 to 475 where the stock has taken support in the month of December – 2013 and May – 2014.

Minor resistance for the stock lies in the zone of 495. Resistance for the stock lies in the zone of 505 to 510 from where the stock has broken down from the long term support. If the stock manages to close above these levels then the stock can move to the levels of 515 to 520.

Broad range for the stock in the coming week is seen between 460 to 465 on downside to 500 to 510 on upside.

Wipro Outlook for the Week (September 06, 2016 – September 09, 2016)

EquityPandit’s Outlook for Wipro for the week (September 06, 2016 – September 09, 2016) :

WIPRO:

 

wipro

 

Wipro closed the week on negative note losing around 1.30%.

As we have mentioned last week that the stock has seen a major break down on long term charts and the stock can drift to the levels of around 450. Support for the stock lies in the zone of 470 to 475 where the stock has taken support in the month of December – 2013 and May – 2014. During the week the stock manages to hit a low of 477 and close the week around the levels of 484.

The stock has seen a major break down on long term charts and the stock can drift to the levels of around 450. Support for the stock lies in the zone of 470 to 475 where the stock has taken support in the month of December – 2013 and May – 2014.

Minor resistance for the stock lies in the zone of 495. Resistance for the stock lies in the zone of 505 to 510 from where the stock has broken down from the long term support. If the stock manages to close above these levels then the stock can move to the levels of 515 to 520.

Broad range for the stock in the coming week is seen between 470 to 475 on downside to 500 to 510 on upside.

Wipro Outlook for the Week (August 29, 2016 – September 02, 2016)

EquityPandit’s Outlook for Wipro for the week (August 29, 2016 – September 02, 2016) :

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 5.80%.

As we have mentioned last week that support for the stock lies in the zone of 500 to 505 where the stock has formed a medium term bottom in the month of February – 2016. A break below these levels can see a major break down in the stock on long term charts and the stock can drift to the levels of around 450. During the week the stock manages to hit a low of 488 and close the week around the levels of 490.

The stock has seen a major break down on long term charts and the stock can drift to the levels of around 450. Support for the stock lies in the zone of 470 to 475 where the stock has taken support in the month of December – 2013 and May – 2014.

Resistance for the stock lies in the zone of 505 to 510 from where the stock has broken down from the long term support. If the stock manages to close above these levels then the stock can move to the levels of 515 to 520.

Broad range for the stock in the coming week is seen between 470 to 475 on downside to 515 to 520 on upside.

Wipro Outlook for the Week (August 22, 2016 – August 26, 2016)

EquityPandit’s Outlook for Wipro for the week (August 22, 2016 – August 26, 2016):

WIPRO:

 

wipro

 

Wipro closed the week on negative note losing around 4.30%.

As we have mentioned last week that resistance zone for the stock lies in the zone of 550 to 555 where short term and medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 565 to 567. During the week the stock manages to hit a high of 546 and close the week around the levels of 520.

Support for the stock lies in the zone of 500 to 505 where the stock has formed a medium term bottom in the month of February – 2016. A break below these levels can see a major break down in the stock on long term charts and the stock can drift to the levels of around 450.

Minor resistance for the stock lies in the zone of 530 to 535. Resistance zone for the stock lies in the zone of 550 to 555 where short term and medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 565 to 567.

Broad range for the stock in the coming week is seen between 500 to 505 on downside to 535 to 540 on upside.

Wipro Outlook for the Week (August 16, 2016 – August 19, 2016)

EquityPandit’s Outlook for Wipro for the week (August 16, 2016 – August 19, 2016):

WIPRO:

 

wipro

 

Wipro closed the week on negative note losing around 0.60%.

As we have mentioned last week that resistance zone for the stock lies in the zone of 550 to 555 where short term and medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 565 to 567. During the week the stock manages to hit a high of 553 and close the week around the levels of 544.

Support for the stock lies in the zone of 530 to 535. Support for the stock lies in the zone of 528 to 531 from where the stock has bounced multiple times in last 6 months. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 505 where the stock has formed a medium term bottom in the month of February – 2016.

Resistance zone for the stock lies in the zone of 550 to 555 where short term and medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 565 to 567.

Broad range for the stock in the coming week is seen between 528 to 530 on downside to 555 to 560 on upside.

Wipro Outlook for the Week (August 08, 2016 – August 12, 2016)

EquityPandit’s Outlook for Wipro for the week (August 08, 2016 – August 12, 2016):

WIPRO:

 

wipro

 

Wipro closed the week on positive note gaining around 0.40%.

As we have mentioned last week that minor resistance for the stock lies in the zone of 545. Resistance zone for the stock lies in the zone of 550 to 555 where short term and medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 565 to 567. During the week the stock manages to hit a high of 562 and close the week around the levels of 547.

Support for the stock lies in the zone of 530 to 535. Support for the stock lies in the zone of 528 to 531 from where the stock has bounced multiple times in last 6 months. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 505 where the stock has formed a medium term bottom in the month of February – 2016.

Resistance zone for the stock lies in the zone of 550 to 555 where short term and medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 565 to 567.

Broad range for the stock in the coming week is seen between 530 to 533 on downside to 560 to 565 on upside.

Wipro Outlook for the Week (August 01, 2016 – August 05, 2016)

EquityPandit’s Outlook for Wipro for the week (August 01, 2016 – August 05, 2016):

WIPRO:

 

wipro

 

Wipro closed the week on positive note gaining around 1.40%.

As we have mentioned last week that minor resistance for the stock lies in the zone of 545. Resistance zone for the stock lies in the zone of 550 to 555 where short term and medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 565 to 567. During the week the stock manages to hit a high of 557 and close the week around the levels of 545.

Support for the stock lies in the zone of 530 to 535. Support for the stock lies in the zone of 528 to 531 from where the stock has bounced multiple times in last 6 months. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 505 where the stock has formed a medium term bottom in the month of February – 2016.

Minor resistance for the stock lies in the zone of 545. Resistance zone for the stock lies in the zone of 550 to 555 where short term and medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 565 to 567.

Broad range for the stock in the coming week is seen between 525 to 530 on downside to 555 to 560 on upside.

Wipro Outlook for the Week (July 25, 2016 – July 29, 2016)

EquityPandit’s Outlook for Wipro for the week (July 25, 2016 – July 29, 2016):

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 3.00%.

As we have mentioned last week that resistance zone for the stock lies in the zone of 565 where 500 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 575 where the stock has opened gap down on 21/04/2016. During the week the stock manages to hit a high of 554 and close the week around the levels of 538.

Support for the stock lies in the zone of 528 to 531 from where the stock has bounced multiple times in last 6 months. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 505 where the stock has formed a medium term bottom in the month of February – 2016.

Minor resistance for the stock lies in the zone of 545. Resistance zone for the stock lies in the zone of 550 to 555 where short term and medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 565 to 567.

Broad range for the stock in the coming week is seen between 520 to 525 on downside to 550 to 555 on upside.

Wipro Outlook for the Week (July 18, 2016 – July 22, 2016)

EquityPandit’s Outlook for Wipro for the week (July 18, 2016 – July 22, 2016):

WIPRO:

 

wipro

 

Wipro closed the week on negative note losing around 1.30%.

As we have mentioned last week that resistance zone for the stock lies in the zone of 565 where 500 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 575 where the stock has opened gap down on 21/04/2016. During the week the stock manages to hit a high of 578 and close the week around the levels of 555.

Support for the stock lies in the zone of 550 to 555 where medium term moving averages and 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 535 to 540 where the stock has formed a medium term bottom in the month of May – 2016 and June – 2016.

Resistance zone for the stock lies in the zone of 565 where 500 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 575 where the stock has opened gap down on 21/04/2016.

Broad range for the stock in the coming week is seen between 540 to 545 on downside to 565 to 570 on upside.

Wipro Outlook for the Week (July 11, 2016 – July 15, 2016)

EquityPandit’s Outlook for Wipro for the week (July 11, 2016 – July 15, 2016):

WIPRO:

 

wipro

 

Wipro closed the week on positive note gaining around 0.50%.

As we have mentioned last week that support for the stock lies in the zone of 552 to 557 where medium term moving averages and 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 535 to 540 where the stock has formed a medium term bottom in the month of May – 2016 and June – 2016. During the week the stock manages to hit a low of 555 and close the week around the levels of 562.

Support for the stock lies in the zone of 552 to 557 where medium term moving averages and 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 535 to 540 where the stock has formed a medium term bottom in the month of May – 2016 and June – 2016.

Resistance zone for the stock lies in the zone of 565 where 500 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 575 where the stock has opened gap down on 21/04/2016.

Broad range for the stock in the coming week is seen between 545 to 548 on downside to 575 to 578 on upside.

Wipro Outlook for the Week (July 04, 2016 – July 08, 2016)

EquityPandit’s Outlook for Wipro for the week (July 04, 2016 – July 08, 2016):

WIPRO:

 

wipro

 

Wipro closed the week on positive note gaining around 0.70%.

As we have mentioned last week that resistance for the stock lies in the zone of 558 to 560 where 200 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 565 where 500 Daily SMA is lying. During the week the stock manages to hit a high of 565 and close the week around the levels of 559.

Support for the stock lies in the zone of 552 to 557 where medium term moving averages and 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 535 to 540 where the stock has formed a medium term bottom in the month of May – 2016 and June – 2016.

Resistance for the stock lies in the zone of 558 to 560 where 200 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 565 where 500 Daily SMA is lying.

Broad range for the stock in the coming week is seen between 538 to 542 on downside to 565 to 568 on upside.

Wipro Outlook for the Week (June 27, 2016 – July 01, 2016)

EquityPandit’s Outlook for Wipro for the week (June 27, 2016 – July 01, 2016):

WIPRO:

 

wipro

 

Wipro closed the week on positive note gaining around 0.60%.

As we have mentioned last week that resistance for the stock lies in the zone of 558 to 560 where 200 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 565 where 500 Daily SMA is lying. During the week the stock manages to hit a high of 564.85 and close the week around the levels of 555.

Support for the stock lies in the zone of 542 to 545 where short & medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 520 to 525 from where the stock has bounced in the month of March – 2016.

Resistance for the stock lies in the zone of 558 to 560 where 200 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 565 where 500 Daily SMA is lying.

Broad range for the stock in the coming week is seen between 538 to 542 on downside to 565 to 568 on upside.

Wipro Outlook for the Week (June 20, 2016 – June 24, 2016)

EquityPandit’s Outlook for Wipro for the week (June 20, 2016 – June 24, 2016):

WIPRO:

 

wipro

 

Wipro closed the week on positive note gaining around 1.20%.

As we have mentioned last week that resistance for the stock lies in the zone of 545 to 550 where short term moving averages and 100 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 560 to 570 where 200 & 500 Daily SMA are lying. During the week the stock manages to hit a high of 554 and close the week around the levels of 552.

Support for the stock lies in the zone of 542 to 545 where short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 520 to 525 from where the stock has bounced in the month of March – 2016.

Resistance for the stock lies in the zone of 558 to 560 where 200 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 565 where 500 Daily SMA is lying.

Broad range for the stock in the coming week is seen between 538 to 542 on downside to 563 to 567 on upside.

Wipro Outlook for the Week (June 13, 2016 – June 17, 2016)

EquityPandit’s Outlook for Wipro for the week (June 13, 2016 – June 17, 2016):

WIPRO:

 

wipro

 

Wipro closed the week on positive note gaining around 0.80%.

As we have mentioned last week that resistance for the stock lies in the zone of 545 to 550 where short term moving averages and 100 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 560 to 570 where 200 & 500 Daily SMA are lying. During the week the stock manages to hit a high of 547 and close the week around the levels of 545.

Minor support for the stock lies in the zone of 530. Support for the stock lies in the zone of 520 to 525 from where the stock has bounced in the month of March – 2016. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 505 where the stock has formed a medium term bottom.

Resistance for the stock lies in the zone of 545 to 550 where short term moving averages and 100 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 560 to 570 where 200 & 500 Daily SMA are lying.

Broad range for the stock in the coming week is seen between 525 to 530 on downside to 552 to 557 on upside.

Wipro Outlook for the Week (June 06, 2016 – June 10, 2016)

EquityPandit’s Outlook for Wipro for the week (June 06, 2016 – June 10, 2016):

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 0.80%.

As we have mentioned last week that resistance for the stock lies in the zone of 545 to 550 where short term moving averages and 100 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 560 to 570 where 200 & 500 Daily SMA are lying. During the week the stock manages to hit a high of 559 and close the week around the levels of 541.

Minor support for the stock lies in the zone of 530. Support for the stock lies in the zone of 520 to 525 from where the stock has bounced in the month of March – 2016. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 505 where the stock has formed a medium term bottom.

Resistance for the stock lies in the zone of 545 to 550 where short term moving averages and 100 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 560 to 570 where 200 & 500 Daily SMA are lying.

Broad range for the stock in the coming week is seen between 525 to 530 on downside to 550 to 555 on upside.

Wipro Outlook for the Week (May 30, 2016 – June 03, 2016)

EquityPandit’s Outlook for Wipro for the week (May 30, 2016 – June 03, 2016):

WIPRO:

 

wipro

 

Wipro closed the week on positive note gaining around 0.40%.

As we have mentioned last week that resistance for the stock lies in the zone of 545 to 550 where short term moving averages and 100 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 560 to 570 where 200 & 500 Daily SMA are lying. During the week the stock manages to hit a high of 551 and close the week around the levels of 545.

Minor support for the stock lies in the zone of 530. Support for the stock lies in the zone of 520 to 525 from where the stock has bounced in the month of March – 2016. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 505 where the stock has formed a medium term bottom.

Resistance for the stock lies in the zone of 545 to 550 where short term moving averages and 100 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 560 to 570 where 200 & 500 Daily SMA are lying.

Broad range for the stock in the coming week is seen between 525 to 530 on downside to 550 to 555 on upside.

Wipro Outlook for the Week (May 23, 2016 – May 27, 2016)

EquityPandit’s Outlook for Wipro for the week (May 23, 2016 – May 27, 2016):

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 0.70%.

As we have mentioned last week that resistance for the stock lies in the zone of 545 to 550 where short term moving averages and 100 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 560 to 570 where 200 & 500 Daily SMA are lying. During the week the stock manages to hit a high of 548 and close the week around the levels of 543.

Minor support for the stock lies in the zone of 530. Support for the stock lies in the zone of 520 to 525 from where the stock has bounced in the month of March – 2016. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 505 where the stock has formed a medium term bottom.

Resistance for the stock lies in the zone of 545 to 550 where short term moving averages and 100 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 560 to 570 where 200 & 500 Daily SMA are lying.

Broad range for the stock in the coming week is seen between 525 to 530 on downside to 550 to 555 on upside.

Wipro Outlook for the Week (May 16, 2016 – May 20, 2016)

EquityPandit’s Outlook for Wipro for the week (May 16, 2016 – May 20, 2016):

WIPRO:

 

wipro

 

Wipro closed the week on positive note gaining around 1.20%.

As we have mentioned last week that support for the stock lies in the zone of 520 to 525 from where the stock has bounced in the month of March – 2016. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 505 where the stock has formed a medium term bottom. During the week the stock manages to hit a low of 531 and close the week around the levels of 540.

Support for the stock lies in the zone of 520 to 525 from where the stock has bounced in the month of March – 2016. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 505 where the stock has formed a medium term bottom.

Resistance for the stock lies in the zone of 545 to 550 where short term moving averages and 100 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 560 to 570 where 200 & 500 Daily SMA are lying.

Broad range for the stock in the coming week is seen between 520 to 525 on downside to 550 to 555 on upside.

Wipro Outlook for the Week (May 09, 2016 – May 13, 2016)

EquityPandit’s Outlook for Wipro for the week (May 09, 2016 – May 13, 2016):

WIPRO:

 

wipro

 

Wipro closed the week on negative note losing around 3.80%.

As we have mentioned last week that support for the stock lies in the zone of 545 to 550 where short term moving averages and 100 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 530. During the week the stock manages to hit a low of 531 and close the week around the levels of 533.

Support for the stock lies in the zone of 520 to 525 from where the stock has bounced in the month of March – 2016. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 505 where the stock has formed a medium term bottom.

Resistance for the stock lies in the zone of 560 to 570 where 200 & 500 Daily SMA are lying. If the stock manages to close above these levels then the stock can move to the levels of 575 to 585 where the stock has opened gap down on 21/04/2016.

Broad range for the stock in the coming week is seen between 510 to 515 on downside to 550 to 555 on upside.

Wipro Outlook for the Week (May 02, 2016 – May 06, 2016)

EquityPandit’s Outlook for Wipro for the week (May 02, 2016 – May 06, 2016):

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 0.70%.

As we have mentioned last week that resistance for the stock lies in the zone of 560 to 570 where 200 & 500 Daily SMA are lying. If the stock manages to close above these levels then the stock can move to the levels of 575 to 585 where the stock has opened gap down on 21/04/2016. During the week the stock manages to hit a high of 564 and close the week around the levels of 554.

Support for the stock lies in the zone of 545 to 550 where short term moving averages and 100 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 530.

Resistance for the stock lies in the zone of 560 to 570 where 200 & 500 Daily SMA are lying. If the stock manages to close above these levels then the stock can move to the levels of 575 to 585 where the stock has opened gap down on 21/04/2016.

Broad range for the stock in the coming week is seen between 540 to 545 on downside to 570 to 575 on upside.

Wipro Outlook for the Week (April 25, 2016 – April 29, 2016)

EquityPandit’s Outlook for Wipro for the week (April 25, 2016 – April 29, 2016):

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 4.60%.

As we have mentioned last week that resistance for the stock lies in the zone of 610 to 620 where the stock has made a medium term top in the month of Oct-2015. If the stock closes above these levels and sustains above it for couple of days then the stock can form a W– shape pattern on long term charts. The targets for the same can be in the range of 650 to 670. During the week the stock manages to hit a high of 607 and close the week around the levels of 558.

Support for the stock lies in the zone of 545 to 550 where short term moving averages and 100 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 530.

Resistance for the stock lies in the zone of 560 to 570 where 200 & 500 Daily SMA are lying. If the stock manages to close above these levels then the stock can move to the levels of 575 to 585 where the stock has opened gap down on 21/04/2016.

Broad range for the stock in the coming week is seen between 540 to 545 on downside to 575 to 580 on upside.

Wipro Outlook for the Week (April 18, 2016 – April 22, 2016)

EquityPandit’s Outlook for Wipro for the week (April 18, 2016 – April 22, 2016):

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 6.40%.

As we have mentioned last week that the stock has closed around the support zone of 545 to 550 where short term moving averages and 100 Daily SMA are lying. If the stock manages to close below these levels then the stock can drift to the levels of 520 to 525 where the stock has formed a short term bottom. During the week the stock manages to hit a low of 542 and close the week around the levels of 585.

Support for the stock lies in the zone of 560 to 565 where 200 & 500 Daily SMA are positioned. If the stock manages to close below these levels then the stock can drift to the levels of 540 where 100 Daily SMA is lying.

Resistance for the stock lies in the zone of 610 to 620 where the stock has made a medium term top in the month of Oct-2015. If the stock closes above these levels and sustains above it for couple of days then the stock can form a W– shape pattern on long term charts. The targets for the same can be in the range of 650 to 670.

Broad range for the stock in the coming week is seen between 560 to 565 on downside to 610 to 620 on upside.

Wipro Outlook for the Week (April 11, 2016 – April 13, 2016)

EquityPandit’s Outlook for Wipro for the week (April 11, 2016 – April 13, 2016):

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 2.20%.

As we have mentioned last week that support for the stock lies in the zone of 545 to 550 where short term moving averages and 100 Daily SMA are lying. If the stock manages to close below these levels then the stock can drift to the levels of 520 to 525 where the stock has formed a short term bottom. During the week the stock manages to hit a low of 546 and close the week around the levels of 550.

The stock has closed around the support zone of 545 to 550 where short term moving averages and 100 Daily SMA are lying. If the stock manages to close below these levels then the stock can drift to the levels of 520 to 525 where the stock has formed a short term bottom.

Resistance for the stock lies in the zone of 560 to 565 where 200 & 500 Daily SMA are positioned. If the stock manages to close above these levels then the stock can move to the levels of 590.

Broad range for the stock in the coming week is seen between 535 to 540 on downside to 560 to 565 on upside.

Wipro Outlook for the Week (April 04, 2016 – April 08, 2016)

EquityPandit’s Outlook for Wipro for the week (April 04, 2016 – April 08, 2016):

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 1.00%.

As we have mentioned last week that resistance for the stock lies in the zone of 560 to 565 where 200 & 500 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels of 590. During the week the stock manages to hit a high of 572 and close the week around the levels of 561.

Support for the stock lies in the zone of 545 to 550 where short term moving averages and 100 Daily SMA are lying. If the stock manages to close below this levels then the stock can drift to the levels of 520 to 525 where the stock has formed a short term bottom.

Resistance for the stock lies in the zone of 560 to 565 where 200 & 500 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels of 590.

Broad range for the stock in the coming week is seen between 540 to 545 on downside to 570 to 575 on upside.

Wipro Outlook for the Week (March 28, 2016 – April 01, 2016)

EquityPandit’s Outlook for Wipro for the week (March 28, 2016 – April 01, 2016):

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 0.80%.

As we have mentioned last week that resistance for the stock lies in the zone of 560 to 565 where 200 & 500 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels of 590. During the week the stock manages to hit a high of 562 and close the week around the levels of 556.

Support for the stock lies in the zone of 540 where short term moving averages are lying. If the stock manages to close below this levels then the stock can drift to the levels of 520 to 525 where the stock has formed a short term bottom. If the stock closes below this levels then the stock can drift to the levels of 490 to 500 where 1000 Daily SMA and 200 Weekly SMA is lying.

Resistance for the stock lies in the zone of 560 to 565 where 200 & 500 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels of 590.

Broad range for the stock in the coming week is seen between 535 to 540 on downside to 565 to 570 on upside.

Wipro Outlook for the Week (March 21, 2016 – March 23, 2016)

EquityPandit’s Outlook for Wipro for the week (March 21, 2016 – March 23, 2016):

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 2.60%.

As we have mentioned last week that minor support for the stock lies in the zone of 520 to 525 where the stock has formed a short term bottom. If the stock closes below this levels then the stock can drift to the levels of 490 to 500 where 1000 Daily SMA and 200 Weekly SMA is lying. During the week the stock manages to hit a low of 528 and bounce to close the week around the levels of 553.

Support for the stock lies in the zone of 540 where short term moving averages are lying. If the stock manages to close below this levels then the stock can drift to the levels of 520 to 525 where the stock has formed a short term bottom. If the stock closes below this levels then the stock can drift to the levels of 490 to 500 where 1000 Daily SMA and 200 Weekly SMA is lying.

Resistance for the stock lies in the zone of 560 to 565 where 200 & 500 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels of 590.

Broad range for the stock in the coming week is seen between 535 to 540 on downside to 565 to 570 on upside.

Wipro Outlook for the Week (March 14, 2016 – March 18, 2016)

EquityPandit’s Outlook for Wipro for the week (March 14, 2016 – March 18, 2016):

WIPRO:

 

 

WIPRO

 

Wipro closed the week on positive note gaining around 0.30%.

As we have mentioned last week that the stock has closed around the resistance zone of 550 where short term moving averages is lying. If the stock closes above this levels then the stock can move to the levels of 560 to 565 where 100, 200 & 500 Daily SMA are positioned. During the week the stock manages to hit a high of 544 and close the week around the levels of 538.

Minor support for the stock lies in the zone of 520 to 525 where the stock has formed a short term bottom. If the stock closes below this levels then the stock can drift to the levels of 490 to 500 where 1000 Daily SMA and 200 Weekly SMA is lying.

Resistance for the stock lies in the range of 550 where short term moving averages is lying. If the stock closes above this levels then the stock can move to the levels of 560 to 565 where 100, 200 & 500 Daily SMA are positioned.

Broad range for the stock in the coming week is seen between 510 to 515 on downside to 550 to 555 on upside.

Wipro Outlook for the Week (March 08, 2016 – March 11, 2016)

EquityPandit’s Outlook for Wipro for the week (March 08, 2016 – March 11, 2016):

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 1.20%.

As we have mentioned last week that the stock has closed around the resistance zone of 550 where short term moving averages is lying. If the stock closes above this levels then the stock can move to the levels of 560 to 565 where 100, 200 & 500 Daily SMA are positioned. During the week the stock manages to hit a high of 548 and close the week around the levels of 535.

Minor support for the stock lies in the zone of 520 to 525 where the stock has formed a short term bottom. If the stock closes below this levels then the stock can drift to the levels of 490 to 500 where 1000 Daily SMA and 200 Weekly SMA is lying.

Resistance for the stock lies in the range of 550 where short term moving averages is lying. If the stock closes above this levels then the stock can move to the levels of 560 to 565 where 100, 200 & 500 Daily SMA are positioned.

Broad range for the stock in the coming week is seen between 510 to 515 on downside to 550 to 555 on upside.

 

Wipro Outlook for the Week (February 29, 2016 – March 04, 2016)

EquityPandit’s Outlook for Wipro for the week (February 29, 2016 – March 04, 2016):

 

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 3.20%.

As we have mentioned last week that the stock has closed around the resistance zone of 550 where short term moving averages is lying. If the stock closes above this levels then the stock can move to the levels of 560 to 565 where 100, 200 & 500 Daily SMA are positioned. During the week the stock manages to hit a high of 548 and close the week around the levels of 530.

Minor support for the stock lies in the zone of 520 to 525 where the stock has formed a short term bottom. If the stock closes below this levels then the stock can drift to the levels of 490 to 500 where 1000 Daily SMA and 200 Weekly SMA is lying.

The stock has closed around the resistance zone of 550 where short term moving averages is lying. If the stock closes above this levels then the stock can move to the levels of 560 to 565 where 100, 200 & 500 Daily SMA are positioned.

Broad range for the stock in the coming week is seen between 510 to 515 on downside to 550 to 555 on upside.

Wipro Outlook for the Week (February 22, 2016 – February 26, 2016)

EquityPandit’s Outlook for Wipro for the week (February 22, 2016 – February 26, 2016):

 

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 5.80%.

As we have mentioned last week that resistance for the stock lies in the zone of 530 to 540 from where the stock has broken down from the short term bottom and the gap which was created on 09-02-2016. If the stock closes above this levels then the stock can move to the levels of 565 to 570 where 100, 200 & 500 Daily SMA are positioned. During the week the stock manages to hit a high of 549 and close the week around the levels of 547.

Minor support for the stock lies in the zone of 530 to 540 where the stock has broken down from the short term bottom and the gap which was created on 09-02-2016. If the stock closes below this levels then the stock can drift to the levels of 490 to 500 where 1000 Daily SMA and 200 Weekly SMA is lying.

The stock has closed around the resistance zone of 550 where short term moving averages is lying. If the stock closes above this levels then the stock can move to the levels of 560 to 565 where 100, 200 & 500 Daily SMA are positioned.

Broad range for the stock in the coming week is seen between 520 to 525 on downside to 565 to 570 on upside.

Wipro Outlook for the Week (February 15, 2016 – February 19, 2016)

EquityPandit’s Outlook for Wipro for the week (February 15, 2016 – February 19, 2016):

 

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 7.30%.

As we have mentioned last week that support for the stock lies in the zone of 545 to 550 where the trend-line support for the stock is positioned. If the stock closes below this levels then the stock can drift to the levels of 530 where the stock has formed a short term bottom. During the week the stock manages to hit a low of 508 and close the week around the levels of 517.

Support for the stock lies in the zone of 490 to 500 where 1000 Daily SMA and 200 Weekly SMA is lying. If the stock manages to close below this levels then the stock can witness a freefall and the stock can move to the levels of 450.

Resistance for the stock lies in the zone of 530 to 540 from where the stock has broken down from the short term bottom and the gap which was created on 09-02-2016. If the stock closes above this levels then the stock can move to the levels of 565 to 570 where 100, 200 & 500 Daily SMA are positioned.

Broad range for the stock in the coming week is seen between 490 to 500 on downside to 540 to 550 on upside.

Wipro Outlook for the Week (February 08, 2016 – February 12, 2016)

EquityPandit’s Outlook for Wipro for the week (February 08, 2016 – February 12, 2016):

 

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 0.70%.

As we have mentioned last week that Stock has closed around the resistance zone of 565 to 570 where 100, 200 & 500 Daily SMA are positioned. If the stock closes above this levels then the stock can move to the levels of 580. During the week the stock manages to hit a high of 574 and close the week around the levels of 559.

Support for the stock lies in the zone of 545 to 550 where the trend-line support for the stock is positioned. If the stock closes below this levels then the stock can drift to the levels of 530 where the stock has formed a short term bottom.

Stock has closed around the resistance zone of 565 to 570 where 100, 200 & 500 Daily SMA are positioned. If the stock closes above this levels then the stock can move to the levels of 580.

Broad range for the stock in the coming week is seen between 540 to 545 on downside to 575 to 580 on upside.

Wipro Outlook for the Week (February 01, 2016 – February 05, 2016)

EquityPandit’s Outlook for Wipro for the week (February 01, 2016 – February 05, 2016):

 

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 2.30%.

As we have mentioned last week that stock has closed around the strong resistance zone of 545 to 550 where the trend-line support for the stock is positioned. If the stock closes below this levels then the stock can move to the levels of 565 to 570 where 100, 200 & 500 Daily SMA are positioned. During the week the stock manages to hit a high of 566 and close at the highest levels.

Support for the stock lies in the zone of 545 to 550 where the trend-line support for the stock is positioned. If the stock closes below this levels then the stock can drift to the levels of 530 where the stock has formed a short term bottom.

Stock has closed around the resistance zone of 565 to 570 where 100, 200 & 500 Daily SMA are positioned. If the stock closes above this levels then the stock can move to the levels of 580.

Broad range for the stock in the coming week is seen between 540 to 545 on downside to 575 to 580 on upside.

Wipro Outlook for the Week (January 25, 2016 – January 29, 2016)

EquityPandit’s Outlook for Wipro for the week (January 25, 2016 – January 29, 2016):

 

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 1.50%.

As we have mentioned last week that stock has closed below the trend-line support which is holding the stock since the month of April – 2015. Support for the stock lies in the zone of 530 where the stock has formed a short term bottom. If the stock closes below this levels then the stock can drift to the levels of 510 from where the stock has bounce in the month of April – 2015. During the week the stock manages to hit a low of 530 and bounce to close the week around the levels of 550.

Stock has closed below the trend-line support which is holding the stock since the month of April – 2015. Support for the stock lies in the zone of 530 where the stock has formed a short term bottom. If the stock closes below this levels then the stock can drift to the levels of 510 from where the stock has bounce in the month of April – 2015.

Stock has closed around the strong resistance zone of 545 to 550 where the trend-line support for the stock is positioned. If the stock closes below this levels then the stock can move to the levels of 565 to 570 where 100, 200 & 500 Daily SMA are positioned.

Broad range for the stock in the coming week is seen between 530 to 535 on downside to 560 to 565 on upside.

Wipro Outlook for the Week (January 18, 2016 – January 22, 2016)

EquityPandit’s Outlook for Wipro for the week (January 18, 2016 – January 22, 2016):

 

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 2.30%.

As we have mentioned last week that resistance for the stock lies in the zone of 565 to 570 where 100, 200 & 500 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels of 600. During the week the stock manages to hit a high of 554 and retraced to close the week around the levels of 543.

Stock has closed below the trend-line support which is holding the stock since the month of April – 2015. Support for the stock lies in the zone of 530 where the stock has formed a short term bottom. If the stock closes below this levels then the stock can drift to the levels of 510 from where the stock has bounce in the month of April – 2015.

Resistance for the stock lies in the zone of 545 to 550 where the trend-line support for the stock is positioned. If the stock closes below this levels then the stock can move to the levels of 565 to 570 where 100, 200 & 500 Daily SMA are positioned.

Broad range for the stock in the coming week is seen between 525 to 530 on downside to 550 to 555 on upside.

Wipro Outlook for the Week (January 11, 2016 – January 15, 2016)

EquityPandit’s Outlook for Wipro for the week (January 11, 2016 – January 15, 2016):

 

WIPRO:

 

WIPRO

 

Wipro closed the week on absolutely flat note.

As we have mentioned last week that resistance for the stock lies in the zone of 565 to 570 where 100, 200 & 500 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels of 600. During the week the stock manages to hit a high of 568 and retraced to close the week around the levels of 556.

Support for the stock lies in the zone of 540 to 545 where trend-line support for the stock is lying. If the stock closes below this levels then the stock will break the trend-line support which is holding the stock since the month of April – 2015.

Resistance for the stock lies in the zone of 565 to 570 where 100, 200 & 500 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels of 600.

Broad range for the stock in the coming week is seen between 540 to 545 on downside to 565 to 570 on upside.

Wipro Outlook for the Week (January 04, 2016 – January 08, 2016)

EquityPandit’s Outlook for Wipro for the week (January 04, 2016 – January 08, 2016):

 

WIPRO:

 

WIPRO

 

Wipro closed the week on absolutely flat note.

As we have mentioned last week that resistance for the stock lies in the zone of 565 to 570 where 100, 200 & 500 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels of 600. During the week the stock manages to hit a high of 568 and retraced to close the week around the levels of 556.

Support for the stock lies in the zone of 540 to 545 where trend-line support for the stock is lying. If the stock closes below this levels then the stock will break the trend-line support which is holding the stock since the month of April – 2015.

Resistance for the stock lies in the zone of 565 to 570 where 100, 200 & 500 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels of 600.

Broad range for the stock in the coming week is seen between 540 to 545 on downside to 565 to 570 on upside.

Wipro Outlook for the Week (December 28, 2015 – January 01, 2016)

EquityPandit’s Outlook for Wipro for the week (December 28, 2015 – January 01, 2016):

 

WIPRO:

 

 

WIPRO

 

 

Wipro closed the week on positive note gaining around 0.60%.

As we have mentioned last week that support for the stock lies in the zone of 540 to 545 where trend-line support for the stock is lying. If the stock closes below this levels then the stock will break the trend-line support which is holding the stock since the month of April – 2015. During the week the stock manages to hit a low of 548.5 and bounce to close the week around the levels of 557.

Support for the stock lies in the zone of 540 to 545 where trend-line support for the stock is lying. If the stock closes below this levels then the stock will break the trend-line support which is holding the stock since the month of April – 2015.

Resistance for the stock lies in the zone of 565 to 570 where 100, 200 & 500 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels of 600.

Broad range for the stock in the coming week is seen between 540 to 545 on downside to 565 to 570 on upside.

Wipro Outlook for the Week (December 21, 2015 – December 24, 2015)

EquityPandit’s Outlook for Wipro for the week (December 21, 2015 – December 24, 2015):

 

WIPRO:

 

 

WIPRO

 

 

Wipro closed the week on negative note losing around 2.30%.

As we have mentioned last week that resistance for the stock lies in the zone of 570 to 580 where 100 & 200 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels of 600. During the week the stock manages to hit a high of 570 and corrected to close the week around the levels of 553.

Support for the stock lies in the zone of 540 to 545 where trend-line support for the stock is lying. If the stock closes below this levels then the stock will break the trend-line support which is holding the stock since the month of April – 2015.

Resistance for the stock lies in the zone of 570 to 580 where 100 & 200 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels of 600.

Broad range for the stock in the coming week is seen between 540 to 545 on downside to 565 to 570 on upside.

Wipro Outlook for the Week (December 14, 2015 – December 18, 2015)

EquityPandit’s Outlook for Wipro for the week (December 14, 2015 – December 18, 2015):

 

WIPRO:

 

 

WIPRO

 

 

Wipro closed the week on negative note losing around 0.60%.

As we have mentioned last week that the stock has close around the strong resistance zone of 570 to 580 where 100 & 200 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels of 600. During the week the stock manages to hit a high of 579 and sold off to close the week around the levels of 566.

Stock has close around the strong support zone of 565 where 500 Daily SMA is lying. If the stock closes below the levels of 560 then the stock can drift to the levels of 540 to 545 where trend-line support for the stock is lying.

Resistance for the stock lies in the zone of 570 to 580 where 100 & 200 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels of 600.

Broad range for the stock in the coming week is seen between 550 to 555 on downside to 585 to 590 on upside.

Wipro Outlook for the Week (December 07, 2015 – December 11, 2015)

EquityPandit’s Outlook for Wipro for the week (December 07, 2015 – December 11, 2015):

 

WIPRO:

 

 

WIPRO

 

 

Wipro closed the week on absolutely flat note.

As we have mentioned last week that the support for the stock lies in the zone of 560 where 500 Daily SMA is lying. If the stock closes below this levels then the stock can drift to the levels of 540 to 545 where trend-line support for the stock is lying. During the week the stock manages to hit a low of 562 and bounce to close the week around the levels of 569.

Support for the stock lies in the zone of 560 where 500 Daily SMA is lying. If the stock closes below this levels then the stock can drift to the levels of 540 to 545 where trend-line support for the stock is lying.

Stock has closes around the strong resistance zone of 570 to 580 where 100 & 200 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels of 600.

The stock has formed a shooting star pattern on weekly charts in an uptrend indicating the trend reversal. The stock has to close above the levels of 587 to negate this pattern.

Broad range for the stock in the coming week is seen between 550 to 555 on downside to 585 to 590 on upside.

Wipro Outlook for the Week (November 30, 2015 – December 04, 2015)

EquityPandit’s Outlook for Wipro for the week (November 30, 2015 – December 04, 2015):

 

WIPRO:

 

 

WIPRO

 

 

Wipro closed the week on absolutely flat note.

As we have mentioned last week that stock has closes around the strong resistance zone of 570 to 580 where 100 & 200 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels of 600. During the week the stock manages to hit a high of 577 and close the week around the levels of 570.

Support for the stock lies in the zone of 560 where 500 Daily SMA is lying. If the stock closes below this levels then the stock can drift to the levels of 540 to 545 where trend-line support for the stock is lying.

Stock has closes around the strong resistance zone of 570 to 580 where 100 & 200 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels of 600.

The stock has formed a Doji pattern on weekly charts in an uptrend indicating the pause in uptrend.

Broad range for the stock in the coming week is seen between 550 to 555 on downside to 585 to 590 on upside.

Wipro Outlook for the Week (November 23, 2015 – November 27, 2015)

EquityPandit’s Outlook for Wipro for the week (November 23, 2015 – November 27, 2015):

 

WIPRO:

 

 

WIPRO

 

 

Wipro closed the week on positive note gaining around 3.30%.

As we have mentioned last week that support for the stock lies in the zone of 540 to 550 where trend-line support for the stock is lying. If the stock breaks below this levels on closing basis then the stock can drift to the levels of 480 where 1000 Daily SMA and 200 Weekly SMA are positioned. During the week the stock manages to hit a low of 542 and close the week around the levels of 570.

Support for the stock lies in the zone of 560 where 500 Daily SMA is lying. If the stock closes below this levels then the stock can drift to the levels of 540 to 545 where trend-line support for the stock is lying.

Stock has closes around the strong resistance zone of 570 to 580 where 100 & 200 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels of 600.

The stock has formed a Bullish engulfing pattern on Weekly charts in a downtrend indicating the trend reversal.

Broad range for the stock in the coming week is seen between 550 to 555 on downside to 585 to 590 on upside.

Wipro