Technical Analysis Summary of

Breakout Confirmation: Wipro has given a breakout above the resistance level of ₹258, which was a strong consolidation zone. This breakout is accompanied by decent follow-up candles, suggesting bullish intent. Current Price Action: The stock is trading at ₹264.11, showing strength post breakout. The breakout zone at ₹257.94 now acts as strong support. Volume Analysis: Volume has picked up during the breakout and follow-through days, which validates the move. Trend Outlook: The stock has reversed from a downtrend and is now forming higher highs and higher lows – a bullish structure. Next Resistance Levels: Immediate resistance lies around ₹270–₹275, followed by ₹288–₹295 zones. Conclusion: Bias: Bullish Support: ₹257.94 Resistance: ₹270 → ₹288 Trend Reversal Confirmed: After long downtrend, stock has entered a bullish phase with breakout confirmation.