Wipro Trading at Daily Channel Bottom. Heading towards 600Wipro is Trading at perfect Support level.
Daily Channel Bottom
Target from here will be 600
Wipro breakout from cup and handle and high volume after breakoAs you can see in the chart that wipro formed and CUP AND HANDLE patter and after breakout there is increase in volume suggesting a genuine breakout....the target is generally the hight of the cup
Long in WiproLong in Wipro based on weekly candlestick pattern. Buy at 415.25 for a target of 450 and 520
WIPROSince May it has been making higher high and higher lows, and on every retracement it has moves towards upside.
As of now 560 looks like a hurdle in terms of data, if it crosses, then it may head towards 570 580 with a stop loss of 550.
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Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Frequently Asked Questions
The current price of WIPRO FUTURES is 242.90 INR — it has fallen −0.39% in the past 24 hours. Watch WIPRO FUTURES price in more detail on the chart.
The volume of WIPRO FUTURES is 30.32 M. Track more important stats on the WIPRO FUTURES chart.
The nearest expiration date for WIPRO FUTURES is May 29, 2025.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell WIPRO FUTURES before May 29, 2025.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For WIPRO FUTURES this number is 98.80 M. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for WIPRO FUTURES shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for WIPRO FUTURES. Today its technical rating is buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of WIPRO FUTURES technicals for a more comprehensive analysis.