Wipro Limited technical analysis
Technical analysis of Wipro Limited (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
What is Wipro Limited
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Description generated automatically from public sources; it may be inaccurate or out of date.
Wipro Limited: latest session data
Closing values for October 18, 2026, computed on the last 12 months of prices.
Moving averages
21 sessions
165.38
+10.13%
50 sessions
172.46
+5.62%
200 sessions
194.29
−6.25%
Session levels
s2
164.34
Support
s1
174.37
Support
pivot
180.03
Pivot
r1
190.06
Resistance
r2
195.72
Resistance
How to read it
In the October 18, 2026 session Wipro Limited closed lower at 182.14 , −1.23% versus the previous session.
The price sits mixed against its moving averages: +10.13% against the 21-session average, +5.62% against the 50 and −6.25% against the 200.
The 14-period RSI reads 67.7, in neutral territory.
MACD stands at 1.678 against a signal line at -1.403: the histogram is positive (+3.081).
ADX reads 27.2, indicating a marked directionality.
Levels computed on the latest session place supports at 174.37 and 164.34 and resistances at 190.06 and 195.72 , around a pivot of 180.03.
The average daily range (ATR) is 4.745 , or 2.61% of price.
Turnover was 9.4M shares, 38% of the 20-session average.
Over the last twelve months the price ranged between 156.79 and 208.62 , and today stands −12.69% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
Score, Elliott Waves, moving averages and technical indicators — free, no card
If you're not registered we'll ask you to sign in (free), then open the WIPRO.NS analysis.
How Montbon’s technical analysis works
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.
FAQ about Wipro Limited
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.
Other tickers to analyse
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
Are you an issuer and want a correction or removal? Write to info@montbon.com.