
K KARTHIK RAJA
February 15, 2025 at 12:48 PM
Wipro showing strength – Can it break higher? - 15.02.2025
Wipro Stock Technical Analysis for the Last 1 Year
Price Movement:
* 52-week low: ₹208.50 | 52-week high: ₹324.60
* Strong recovery & positive investor sentiment
Moving Averages:
* Trading above 50-day (₹314.82) & 200-day (₹304.19) SMA
* Bullish trend intact
Technical Indicators:
* RSI: 56.65 (Neutral, no overbought/oversold conditions)
* MACD: 1.33 (Above signal line - Bullish momentum)
* CCI: 79.00 (Neutral, no extreme deviations)
Chart Patterns:
* Hammer Candlestick spotted – signals bullish reversal
* Strong buyer entry after recent dip
Disclaimer: All information provided is for educational purposes only and should not be considered as investment recommendations.