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Umang Bhutada

26th Dec · SEBI-Registered Analyst

WIPRO (1D) — Techno-Funda Summary

WIPRO
Technical View Price has broken above the falling trendline, indicating a trend shift from downtrend to neutral–bullish. Sustaining above the ₹265–268 zone keeps the structure positive. ₹273 is the immediate supply area; a clean acceptance above this opens further upside. Fundamental View Stable IT major with strong balance sheet and global client base. Near-term growth moderate due to global IT spending slowdown, but margins and cash flows remain healthy. Summary Trend reversal attempt underway. Technically improving, fundamentally stable — suitable for medium-term positional view.

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