


Technical Sentiment Analysis for Wipro Ltd (WIT) As of 2026-05-29, Wipro Ltd (WIT) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 8 indicators are flashing buy, while 7 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for WIT stands at 70.249, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 0.0382, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 84.37 and the Commodity Channel Index (CCI) at 237.162 further confirm a 0.51 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, WIT is trading below its 60-day moving average of $2.117 and below its 200-day long-term moving average of $2.511. Key price levels to watch include the immediate resistance at $2.425 and strong support at $1.765. A break above $2.425 could signal a bull continuation, while falling below $1.765 may test the next Fibonacci floor at $1.467.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1.105 | 1.467 | 1.765 | 2.127 | 2.425 | 2.787 | 3.085 |
| Fibonacci | 1.467 | 1.719 | 1.875 | 2.127 | 2.379 | 2.535 | 2.787 |
2026-05-29
| Name | Value |
|---|---|
| RSI_14 | 70.249 |
| STOCHk_14_3_3 | 84.37 |
| STOCHd_14_3_3 | 86.922 |
| CCI_20 | 237.162 |
| AO_5_34 | 0.0847 |
| MOM_10 | 0.51 |
| MACD_12_26_9 | 0.0382 |
2026-05-29
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 2.182 | Buy |
| MA_10 | 2.062 | Buy |
| MA_20 | 1.999 | Buy |
| MA_60 | 2.117 | Buy |
| MA_200 | 2.511 | Sell |
| MA_250 | 2.592 | Sell |