๐ Wipro Share Price Surges Over 15% in One Month: Wipro, India’s largest IT company, has given its investors a return of over 15% in the past month.
๐ Positive Outlook for Wipro Share Price: Analysts predict further growth and momentum in Wipro share price, advising investors to consider buying amidst the selling pressure.
๐ Share Price Performance: On Wednesday, Wipro’s share was trading at Rs. 468. The following day, it witnessed a 0.20% rise and reached Rs. 471.90. By Friday, it had further increased to Rs. 471.
๐ Steady Growth in Share Price: On November 22, Wipro’s share was trading at Rs. 400. By December 22, it had touched Rs. 462, providing investors with a return of over 15% in a month.
๐ Recent Surge in Share Price: Wipro’s share price had risen by 8% in the previous week and has offered investors a return of 12% over the past three months.
๐ Historical Highs and Lows: The share price of Wipro reached a 52-week high of Rs. 475, whereas its lowest value was Rs. 352.
๐ Positive Market Sentiment: After the Federal Bank of America’s meeting, the Nifty IT Index witnessed a surge, indicating a potential good performance for IT shares in the coming months.
๐ Expert Recommendation: Experts suggest buying Wipro shares on dips. They have set a target price range of Rs. 484-495 and suggest placing a stop loss at Rs. 440.
๐ก Technical Indicators: The RSI Oscillator indicates a bullish trend for Wipro shares, and experts have observed a gradual increase in volume growth.
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Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
