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WIPRO

Wipro Outlook for the Week (June 05, 2021 – June 11, 2021)

WIPRO Weekly Outlook and Analysis:

For the Week: (June 05, 2021 – June 11, 2021)

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

Stock closed the Weekly on positive note gaining +0.46%

Wipro Share Price: 541.20 (NSE)

Weekly High: 549.90

Weekly Low: 531.05

Weekly Range: 18.85 Points

Weekly Support & Resistance For WIPRO:

RESISTANCE 2575
RESISTANCE 1555
SUPPORT 1452
SUPPORT 2415

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 452 levels, Minor resistance on the upside is capped around 555 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 @ 415 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 @ 575

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts range for the Weekly as 600 on upside and 400 on downside.

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