Breakout or Rejection? WIPRO at Decision Point

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Business Revenue Mix Product wise is Modern Application Service (44.6%) , Cloud and Infrastructure Service (25.7%) Digital Operation & Platform (15%) , Data , Analytics and AI (6.9%) and I&E Service (7.9%). Its Work in Deep Penetration Sector BFSI Contributing 34.2% and Consumer Business Unit (18.9%) are the Major Contributor. Key Insight: 40%+ of Wipro’s clients generate over $1 million annually, showing a broad base of revenue-generating clients. Only 2.5% of clients contribute $50M+, indicating limited but high-value large accounts. Majority of client revenue lies in the $1M–$10M range – reflects strong mid-tier account base. has a wide distribution of mid-sized clients, which provides stability. However, scaling more accounts to the $20M+ category remains a key growth lever. Client Engagement Style: Long-term multi-year contracts (5–7 years) Shift from legacy outsourcing to digital transformation partners Higher traction in Cloud, AI, and GenAI adoption Technically is Well Positioned for Swing play as You Can see the Charts Below on 28th March 2025 Stock Fall by 4% from 272 to 227 (16.50%) which Indicates Strong Selling Area But From Last 9 Trading Session the stock is Consolidating in the Same Area signaling indecision and possible exhaustion. -> Need a decisive close above ₹274 with volume for clean breakout confirmation. WIPRO is currently testing a key resistance zone after a strong rally. Price needs a breakout above ₹274 to extend bullish momentum, while failure to hold ₹262 could trigger a healthy pullback. Ideal zone for profit-booking or breakout traders to wait for confirmation. This is purely for educational and informational purposes. It is not a buy or sell recommendation. Please consult your SEBI-registered investment advisor before making any investment decisions. Invest EQ – SEBI Registered Research Analyst (INH000020350)