
Technical analysis of Wipro Limited (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
Wipro Limited is a technology sector company that provides information technology, consulting, and business process services on a global basis. Through its IT Services and IT Products segments, it offers services including digital strategy advisory, custom application development, systems integration, cloud and infrastructure services, as well as a range of third-party IT products. The company serves clients across various industry sectors, including communications, financial services, healthcare, manufacturing, and technology.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for September 2, 2026, computed on the last 12 months of prices.
21 sessions
181.49
−3.18%
50 sessions
178.32
−1.46%
200 sessions
205.56
−14.51%
s2
174.50
Support
s1
175.80
Support
pivot
178.09
Pivot
r1
179.39
Resistance
r2
181.68
Resistance
In the September 2, 2026 session Wipro Limited closed lower at 175.72 , −0.77% versus the previous session.
The price sits below every moving average observed: −3.18% against the 21-session average, −1.46% against the 50 and −14.51% against the 200.
The 14-period RSI reads 41.7, in neutral territory.
MACD stands at -0.618 against a signal line at -0.036: the histogram is negative (−0.583).
ADX reads 15.0, indicating weak directionality.
Levels computed on the latest session place supports at 175.80 and 174.50 and resistances at 179.39 and 181.68 , around a pivot of 178.09.
The average daily range (ATR) is 3.881 , or 2.21% of price.
Turnover was 6.5M shares, 81% of the 20-session average.
Over the last twelve months the price ranged between 167.09 and 210.58 , and today stands −16.55% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is Wipro Limited analysed technically?
Technical analysis of Wipro Limited is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Wipro Limited?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Wipro Limited?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Wipro Limited it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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