WIPRO

Technical Analysis

Ltd. is showing signs of weakness as it failed to sustain above the ₹270 resistance zone and has sharply reversed, now breaking below a key support near ₹255 with increased volume, suggesting selling pressure. The overall structure remains bearish after forming a lower high in late June 2025, following a major downtrend from the ₹330+ levels earlier in the year. Unless the price reclaims the ₹260–₹265 zone quickly, the stock risks retesting support around ₹240–₹230. Momentum appears to be shifting back in favor of bears, and caution is warranted for long positions.