Wipro Outlook for the Week (Nov 09,2020 – Nov 13,2020)

SECTOR: I.T.

If stock breaches minor support on the downside and closes listed below it we might see fresh break down and stock can drag towards Major Support on lower side @ 318 and If stock breaches small resistance on the upside and closes above it we might see fresh breakout and stock can head towards Major Resistances Level @ 395.

SUPPORT 1.
330.00.

Weekly Range: 18.90 Points.

Stock closed the Weekly on positive note gaining +1.48%Acquiring

.

Weekly High: 351.55.

SECTOR: I.T.

Weekly Support & & Resistance For WIPRO:.

RESISTANCE 1.
383.00.

RESISTANCE 2.
395.00.

On the chart we can see that, stock making new high break the level now stock is in bullish uptrend and on the daily timespan stock moving above 100 & & 200 EMAs, if stock hold its strength it can be reach on higher side

Stock is trading above 200 days exponential moving average, suggests long term pattern is bullish. EquityPandit forecasts variety for the Weekly as 400 on benefit and 310 on drawback.

Wipro Share Price: 345.75 (NSE).

Technically on the day-to-day charts EquityPandits Analyst see: Minor assistance on the drawback lies at 330 levels, Minor resistance on the benefit is capped around 383 levels.

Stock closed the Weekly on positive note gaining +1.48%Getting

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Weekly Low: 332.65.

For the Week: (Nov 09,2020– Nov 13,2020).

SUPPORT 2.
318.00