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MARKET OUTLOOKSTOCK OUTLOOKWIPRO

Wipro Outlook for the Week (July 31, 2023 – August 04, 2023)

Wipro Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

Wipro closed the previous week on a negative note losing 2.81%

Technically, Wipro share price will see immediate support at 394.20 and immediate resistance would be seen at 405.65

If Wipro share price closes below immediate support of 394.20, then sharp breakdown can be seen. Wipro share price will see major support at 389.65 for the week.

On the positive side, immediate resistance will be seen at 405.65. Closing above 405.65, Wipro share price will see a sharp breakout. Major resistance for Wipro share price will be seen at 412.55 for the week.

Trading range for Wipro share price for this week should be between 382.75 on down side and 417.10 on up side.

Wipro Previous Week High: 408

Wipro Previous Week Low: 396.55

Wipro Previous Week Range: 11.45 Points

Wipro share price support and resistance for the week (July 31, 2023 – August 04, 2023)

Level Type Value
Resistance 3 417.10
Resistance 2 412.55
Resistance 1 405.65
Support 1 394.20
Support 2 389.65
Support 3 382.75

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