Wipro Stock Soars 2.34% Today!

Live Updates on Wipro’s Share Price: Yesterday, Wipro’s stock opened at ₹560.2 and closed at ₹559.35. The highest price for the day was ₹562.6, while the lowest was ₹556.65. The company’s market capitalization was ₹292,364.04 crore. Over the past 52 weeks, the stock reached a high of ₹567.3 and a low of ₹375. On the Bombay Stock Exchange (BSE), 229,033 shares were traded for the day.

Wipro’s share price is currently at ₹573.6, surpassing the key daily resistance level of ₹568.93. This suggests a strong buying interest, indicating potential for further price escalation.

By 1 PM today, the volume of Wipro traded is 10.40% higher compared to yesterday. The current price stands at ₹571.95, reflecting a rise of 2.21%. Volume traded is a significant indicator, along with price, for trend analysis. A rise in price accompanied by increased volume suggests a sustainable upward trend, while a decrease in price with higher volume may indicate potential further declines.

Wipro Stock Soars 2.34% Today! In the previous trading hour, Wipro’s stock ranged between a high of ₹572.05 and a low of ₹562.45. During this period, the stock surpassed all hourly resistance levels, indicating robust bullish momentum. Traders should monitor for potential overbought conditions in the hourly timeframe and consider adjusting their stop losses accordingly.

Today, Wipro’s stock price fluctuated between ₹555.3 and ₹569.05. As of the latest update, the price stands at ₹564.3, marking a decrease of 0.84%. Additionally, the volume of Wipro traded until 12 AM is down by 28.63% compared to yesterday. Volume traded remains a critical factor alongside price for trend analysis, where a rise in price coupled with high volume suggests a sustainable upward trend, while a decrease in price with significant volume might indicate potential further declines.

Wipro Stock Soars 2.34% Today! In the previous trading hour, Wipro’s stock ranged between a high of ₹563.7 and a low of ₹558.8. During this period, the stock exceeded both hourly resistance levels at ₹561.2 and ₹563.1, indicating strong bullish sentiment. Traders might consider implementing trailing stop losses to protect their profits.

Currently, Wipro’s share price is at ₹561.55, trading within the daily support and resistance levels of ₹556.53 and ₹562.73. A break below ₹556.53 could signal further bearish movement, while surpassing ₹562.73 could lead to a bullish trend.

As of 11 AM, the volume of Wipro traded is 51.24% lower compared to yesterday, with the price at ₹560.15, showing a slight decrease of 0.1%. Volume traded remains a critical indicator alongside price for trend analysis, where a positive price trend supported by higher volume suggests sustainable upward movement, while a negative trend with increased volume may indicate potential price declines.

During the last hour, the stock price moved between levels of ₹561.73 and ₹556.93. Traders may consider rangebound trading strategies, buying near the hourly support at ₹556.93 and selling near the hourly resistance at ₹561.73.

Wipro Stock Soars 2.34% Today! Currently, Wipro’s share price is at ₹559.1, trading within the daily support and resistance levels of ₹556.53 and ₹562.73. A breach below ₹556.53 might lead to further bearish movement, while surpassing ₹562.73 could indicate a bullish trend.

Today, Wipro’s stock price increased by 0.11% to reach ₹560.2, while other stocks are showing mixed results. Zomato, Firstsource Solutions, and Eclerx Services are declining, whereas Info Edge India is experiencing an upward trend. Overall, the benchmark indices Nifty and Sensex are at -0.01% and 0%, respectively.

Analyst recommendations currently suggest a Hold rating for Wipro, with a median price target of ₹465.0, which is 16.84% lower than the current market price. Analysts have provided a range of target prices, with the lowest estimate at ₹385.0 and the highest at ₹607.0. These targets reflect projections for the next year.

As of 10 AM, the volume of Wipro traded is 68.97% lower compared to yesterday, with the price at ₹561.4, showing a decrease of 0.32%. Volume traded remains crucial alongside price for trend analysis, where a positive price trend supported by higher volume suggests sustainable upward movement, while a negative trend with increased volume could signal potential price declines.