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WIPRO

Wipro Outlook for the Week (July 18, 2022 – July 22, 2022)

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WIPRO Weekly Outlook and Analysis:

For the Week: (July 18, 2022 – July 22, 2022)

Check WIPRO Full Analysis At Unicorn Signals

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

Stock closed the Weekly on Negative Note loosing 6.02%

Wipro Share Price: 393.85

Weekly High: 412

Weekly Low: 391

Weekly Range: 25.25 Points

Weekly Support & Resistance For WIPRO:

RESISTANCE 2423
RESISTANCE 1408
SUPPORT 1384
SUPPORT 2375

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 384 levels, Minor resistance on the upside is capped around 408 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 @ 375 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 @ 423

Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit predicts range for the Weekly as 423 on upside and 375 on downside.

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