WIPRO

Chart Is Bull Biased Just Confirmation coming ...........

The chart of

shows that the stock has been in a corrective phase after topping out near 330 and falling sharply toward the 240 zone. However, the broader structure is forming a rising trendline support starting from mid-2024, with higher lows being respected around 240–245. Currently, the stock is trading at 255, attempting to build a base after multiple bounces from the trendline. Price action suggests consolidation between 240–270, with 240 acting as strong support and 270 as near-term resistance. Sustaining above 270 could trigger momentum toward 290+, while a breakdown below 240 trendline support may invite further weakness toward 220.