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MARKET OUTLOOKSTOCK OUTLOOKWIPRO

Wipro Outlook for the Week (August 28, 2023 – September 01, 2023)

Wipro
Wipro
Wipro closed the previous week on a negative note losing 3.07%.

Technically, Wipro share price will see immediate support at 404.53 and immediate resistance would be seen at 417.43.

If Wipro share price closes below immediate support of 404.53, then sharp breakdown can be seen. Wipro share price will see major support at 399.37 for the week.

On the positive side, immediate resistance will be seen at 417.43. Closing above 417.43, Wipro share price will see a sharp breakout. Major resistance for Wipro share price will be seen at 425.17 for the week.

Trading range for Wipro share price for this week should be between 391.63 on down side and 430.33 on up side.

Wipro Previous Week High: 420

Wipro Previous Week Low: 407.1

Wipro Previous Week Range: 12.9 Points

Wipro share price support and resistance for the week (August 28, 2023 – September 01, 2023)

Level Type Value
Resistance 3 430.33
Resistance 2 425.17
Resistance 1 417.43
Support 1 404.53
Support 2 399.37
Support 3 391.63

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