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WIPRO

Wipro Outlook for the Week (Oct 17, 2022 – Oct 21, 2022)

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WIPRO Weekly Outlook and Analysis:

For the Week: (Oct 17, 2022 – Oct 21, 2022)

Wipro Outlook for the Week (Oct 17, 2022 – Oct 21, 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 7.55%

Wipro Share Price: 377.30

Weekly High: 417.90

Weekly Low: 376.25

Weekly Range: 30.80 Points

Weekly Support & Resistance For WIPRO:

RESISTANCE 2431
RESISTANCE 1404
SUPPORT 1363
SUPPORT 2349
Wipro Outlook for the Week (Oct 17, 2022 – Oct 21, 2022)

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 363 levels, Minor resistance on the upside is capped around 404 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 @ 349 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 @ 431

Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit predicts range for the Weekly as 431 on upside and 349 on downside.

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