WIPRO NEWS why is Wipro Limited price falling or rising

WIPRO NEWS reasons for why stock price of Wipro Limited is falling or rising

WIPRO Wipro is falling or rising technical reasons

Technical analysis forecast for Wipro Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Wipro WIPRO at this time. Stock is falling and might fall more.

It appears as if Wipro WIPRO gave a large move recently.

Stock of Wipro (WIPRO) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Wipro is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 454.8 as stoploss in an intra day buy trade for a target of 466.02. However, stock will show a bearish move below 454.8.

WIPRO Wipro is falling or rising NEWS fundamental reasons

Company Announcement Wipro Limited has informed the Exchange regarding a press release dated May 06, 2024, titled "Wipro Collaborates with Microsoft to Launch a Suite of Generative AI-Powered Virtual Assistants for Financial Services". - NEWS as on 2024-05-06

Wipro launches suite of Gen-AI powered cognitive assistants for financial services In collaboration with Microsoft - NEWS as on 2024-05-06 business-standard.com

Company Announcement Wipro Limited has informed the Exchange regarding Appointment of Mr. Hari Shetty as Chief Strategist and Sales Excellence Officer of the Company w.e.f. May 02, 2024. - NEWS as on 2024-05-03

Company Announcement Wipro Limited has informed the Exchange about Copy of Newspaper Publication - NEWS as on 2024-05-02

Wipro to implement Independent Health's medicare prescription payment plan Wipro's medicare prescription payment plan platform will streamline prescription payments - NEWS as on 2024-05-02 business-standard.com

Company Announcement Wipro Limited has informed the Exchange regarding Notice of Postal Ballot - NEWS as on 2024-04-30

Wipro inks deal with Nokia To support digital workplace services - NEWS as on 2024-04-30 business-standard.com

Company Announcement Wipro Limited has informed the Exchange about Schedule of Analyst / Institutional Investor Meeting under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - NEWS as on 2024-04-25

Company Announcement Wipro Limited has informed the Exchange about Transcript - NEWS as on 2024-04-24

Company Announcement Wipro Limited has informed that the presentation and video recording of the earnings press conference held on April 19, 2024 is available on the Company s website at https://www.wipro.com/newsroom/press-releases/2024/wipro-press-conference-q4-fy-2023-2024/ - NEWS as on 2024-04-22

More announcements and NEWS

WIPRO Wipro Limited current price & indicator signals

Moving Averages for Wipro Limited

  • 5Day Average: 459.75
  • 12Day Average: 458.79
  • 20Day Average: 464.47
  • 50Day Average: 490.95
  • 100Day Average: 480.73
  • 150Day Average: 453.23
  • 200Day Average: 444.09

WIPRO Indicators & signals

Indicator MACD (12,26,9)

461.43, 469.54, -9.29
Indicator MACD is in negative zone

Indicator ADX (14)

22.35, 17.17, 27.05
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of WIPRO Wipro Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
06 Mon May 2024 458.65 456.00 to 462.60 0.28% 0.53 times
03 Fri May 2024 457.35 453.20 to 462.00 -0.01% 0.75 times
02 Thu May 2024 457.40 455.45 to 463.00 -1.08% 1.15 times
30 Tue Apr 2024 462.40 461.50 to 466.75 -0.12% 0.69 times
29 Mon Apr 2024 462.95 461.60 to 468.00 -0.36% 0.56 times
26 Fri Apr 2024 464.60 461.60 to 475.80 0.78% 1.66 times
25 Thu Apr 2024 461.00 455.80 to 462.55 0.24% 0.91 times
24 Wed Apr 2024 459.90 458.60 to 464.65 -0.48% 0.46 times
23 Tue Apr 2024 462.10 460.20 to 466.80 0.02% 0.8 times
22 Mon Apr 2024 462.00 450.00 to 466.15 2.04% 1.46 times
19 Fri Apr 2024 452.75 437.00 to 453.90 1.89% 1.58 times
18 Thu Apr 2024 444.35 442.85 to 455.45 -0.89% 1.7 times

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WIPRO NEWS why is Wipro Limited price falling or rising

 

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