Technically on the daily charts EquityPandits Analyst see: Minor assistance on the disadvantage lies at 261 levels, Minor resistance on the upside is topped around 292 levels.
For the Week: (Aug 31,2020– Sept 04,2020).
Stock closed the Weekly on unfavorable note losing -0.48%.
Weekly Range: 7.00 Points.
Weekly Low: 268.00.
Stock is trading above 200 days rapid moving average, recommends long term trend is bullish. EquityPandit anticipates variety for the Weekly as 305 on advantage and 250 on drawback.
On the chart we can see that, after making new high stock come down as stock dealing with selling pressure however stock remains in bullish uptrend and on the day-to-day timespan stock moving above 100 & & 200 EMAs, if stock hold its strength it can be reach on higher side
Wipro Share Price: 272.05 (NSE).
Weekly Support & & Resistance For WIPRO:.
Stock closed the Weekly on negative note losing -0.48%.
Weekly High: 275.00.
If stock breaches small assistance on the disadvantage and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 254 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 @ 301.