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WIPRO

Wipro Outlook for the Week (Dec 05, 2022 – Dec 09, 2022)

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WIPRO Weekly Outlook and Analysis:

For the Week: (Dec 05, 2022 – Dec 09, 2022)

Wipro Outlook for the Week (Dec 05, 2022 – Dec 09, 2022)

Check WIPRO Full Analysis At Unicorn Signals

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

Stock closed the Weekly on positive Note gaining 2.38%

Wipro Share Price: 412.40

Weekly High: 416.35

Weekly Low: 402.00

Weekly Range: 9.60 Points

Weekly Support & Resistance For WIPRO:

RESISTANCE 2424
RESISTANCE 1418
SUPPORT 1404
SUPPORT 2396
Wipro Outlook for the Week (Dec 05, 2022 – Dec 09, 2022)

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 404 levels, Minor resistance on the upside is capped around 418 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 @ 396 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 @ 424

Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit predicts range for the Weekly as 424 on upside and 396 on downside.

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