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Wipro Outlook for the Week (April 11, 2022 – April 15, 2022)

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WIPRO Weekly Outlook and Analysis:

For the Week: (April 11, 2022 – April 15, 2022)

Check WIPRO Full Analysis At Unicorn Signals

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

Stock closed the Weekly on Negative Note losing –3.02%

Wipro Share Price: 583.65

Weekly High: 609.50

Weekly Low: 577.50

Weekly Range: 32.00 Points

Weekly Support & Resistance For WIPRO:

RESISTANCE 2620
RESISTANCE 1610
SUPPORT 1590
SUPPORT 2580

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 590 levels, Minor resistance on the upside is capped around 610 levels.

If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 580 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 620

Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit predicts range for the Weekly as 620 on upside and 580 on downside.

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