WIPRO share price forecast – Stock opened with a gap up and has closed above its previous top.

Wipro share price forecast
wipro share price forecast

Advertisements

Stock today (21-07-17) opened with a gap and up and has closed above its previous top as shown in above technical image. Stock showed strong bulls action because of its Q1 results which stock market has given it a thumps up. Technical chart indicates that as long as stock holds above its previous top bulls will be favored and intraday price rise expecting once stock holds above its today intraday high @ 290.90. Visit this page for best Wipro share price forecast. Suggested link – visit link for Titan share price forecast. Stock today closed with a gain of Rs.16.90 (+6.28%) at Rs. 286.05 at NSE.

Advertisements

Wipro share price forecast – Stock failed to break resistance @ 274.
wipro share price forecast

Stock today (20-07-17) failed to sustain above its resistance zone @ 274 and stock witnessed selling from resistance. Technical chart indicates further bulls action can only be seen once stock closes and holds above 274.25. As long as it says below correction expecting. Visit this page for best Wipro share price forecast. Suggested link – visit link Indusind Bank share price forecast.

Stock today closed with a loss of Rs.1.95 (-0.72%) at Rs. 269.15 at NSE. Wipro today comes our with its Q1 results, stock posted net profit of Rs. 2082 cr and company has announced a plan of buyback of Rs. 11,000 crore. Click here to see complete report.

Advertisements

Wipro share price forecast – Stock finding resistance @ 274
wipro share price forecast

Stock witnessed selling from resistance @ 274. Technical chart indicates as long as stock holds below 274 bears will be favored. Bulls action expecting once stock closes and holds above 274. Intraday we can see some price rise action once stock closes and holds above 274. Visit this page for best Wipro share price forecast.

Advertisements

Wipro today opened with a gap up after a news after a news on buy back plan. After this news share price of Wipro gained by Rs. 11.45 (+4.41%) at NSE 09:55. Share price of Wipro opened 266.40, made an intraday high 274, low of 266.40. Wipro 52 weeks high is 288.90 and 52 weeks low 204.05. Stock major resistance 274, 284 and major support 256, 252. Visit link for best free PNB share price forecast.