Wipro – 1D (NSE)

Trend: Range-bound with prior trendline breakout, but momentum has weakened after rejection from upper levels. Support & Resistance: Immediate Support: 235–240 (demand zone) Intermediate Support: 255–257 Resistance: 265–273 Expected Move: Holding above 235–240 keeps the structure intact. A move above 273 is required for fresh upside momentum. Short Fundamentals Summary: Turnaround efforts underway, but growth visibility remains limited compared to peers. Execution improvement is key. Final Verdict: Range-bound setup. Stock needs confirmation above resistance for trend continuation; support zone is crucial.