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.
#TechnicalViews

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