Wipro Outlook for the Week (Sept 21,2020 – Sept 25,2020)

RESISTANCE 2.
334.00.

Stock closed the Weekly on positive note gaining +7.91%.

ASSISTANCE 2.
298.00

Weekly Range: 25.85 Points.

For the Week: (Sept 21,2020– Sept 25,2020).

Weekly Low: 293.15.

Wipro Share Price: 316.50 (NSE).

Stock is trading above 200 days rapid moving average, suggests long term trend is bullish. EquityPandit forecasts range for the Weekly as 350 on benefit and 290 on downside.

SECTOR: I.T.

RESISTANCE 1.
327.00.

SUPPORT 1.
303.00.

Weekly Support & & Resistance For WIPRO:.

SECTOR: I.T.

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Technically on the everyday charts EquityPandits Analyst see: Minor assistance on the downside lies at 327 levels, Minor resistance on the upside is topped around 303 levels.

If stock breaches small support on the disadvantage and closes listed below it we might see fresh break down and stock can drag towards Major Support on lower side @ 298 and If stock breaches minor resistance on the upside and closes above it we might see fresh breakout and stock can head towards Major Resistances Level @ 334.

Weekly High: 319.00.

IT Sector overall remains in bullish mode and pattern is likely to continue till nifty trades above 11200 levels. Stock might see further up moves in the coming week.

Stock closed the Weekly on positive note gaining +7.91%.