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Umang Bhutada

23rd May Β· SEBI-Registered Analyst

Wipro – Reversal $WIPRO Important Levels: Support: 190 – 185 Resistance: 210 – 220 Structure: Oversold recovery attempt Business: Global IT consulting + outsourcing giant Strong enterprise + cloud exposure Undergoing operational restructuring Earnings: Growth weaker than peers Margin pressure continues Recovery sentiment improving gradually Verdict: πŸ‘‰ Turnaround + rebound setup πŸ‘‰ Suitable only after strength confirmation

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