Wipro – 1D (NSE)

Trend: Sharp rejection from higher levels followed by a fast drop into a well-marked demand zone. Price is attempting to stabilize. Support and Resistance Levels: Immediate Support (Demand): 232–236 Major Support: 228 Resistance: 241–242 Upper Resistance: 272–273 Expected Move: Holding above the demand band can trigger a pullback toward 241–250. Failure to hold 228 may extend the decline. Short Fundamentals Summary: Turnaround phase with execution focus. Growth visibility moderate; sentiment sensitive to results and guidance. Final Verdict: At demand. Reaction here decides bounce vs breakdown.