Wipro – Weak → Reversal Watch

Important Levels: Support: 450 – 430 Resistance: 490 – 510 Structure: Downtrend → possible base formation Business: Global IT services (consulting, cloud, digital) Strong US exposure Competing with Infosys / TCS Earnings: Weak growth vs peers Pressure on margins Turnaround efforts ongoing Verdict: 👉 Weak stock but reversal candidate 👉 Only trade if strength comes (avoid blind buying)