WIPRO | TECHNICAL AND FUNDAMENTAL REPORT
Stock in NewsWipro Q3 profit beats estimates, revenue growth in line
In Brief
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. Momentum indicators like RSI is showing positive crossover in positive trajectory on daily time frame. Wipro Ltd. closed with a price of Rs. 346.15 after seeing a high of Rs. 347.5 and a low of Rs. 333.4. A total of 10,091,661 shares were traded with the 5 day average volume being 7,753,706, 10 day average.
Technical Aspects
Breakout Stock has recently given a breakout of its 52 week resistance on daily chart.
Candlestick
Bullish candlestick has been found on weekly and monthly chart.
Moving Average Stock is trading above its 100 DMA and 200 DMA.
Indicator
RSI and MACD are showing positive crossover.
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HCLTECH
Advise: Long
Target : 1000
Stop loss : 945
Stock in News
HCLTECH loses long service senior executive
In Brief
HCL Technologies Ltd. closed with a price of Rs. 966.3 after seeing a high of Rs. 968.75 and a low of Rs. 946.35. A total of 2,342,528 shares were traded with the 5 day average volume being 1,537,354, 10 day average volume being 1,406,548 and 30 day average volume being 2,051,676. The 5 day average volume raised 185813 stocks, 10 day average volume raised 44050 stocks and 30 day average volume fell 3053 stocks relative to the previous day’s values.
The lowest price in 52 weeks was Rs. 880.05 while highest in 52 weeks was Rs. 1125.05.
Momentum indicators like RSI and MACD are indicating towards a bull
Technical Aspects
Breakout Stock has recently given a breakout of its monthly resistance on daily chart. Candlestick
Bullish candlestick has been seen Daily and weekly chart Sideways Breakout Stock has given a breakout of its consolidation range of 954 - 961 Indicator RSI and MACD are showing positive crossover.
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SUNPHARMA
Advise: Long
Target : 375
Stop loss : 410
Stock in News
Sun Pharma Q3 PAT seen up 17% YoY to Rs. 1027.4 cr
In Brief
Sun Pharmaceutical Industries Limited is an Indian multinational pharmaceutical company headquartered in Mumbai, Maharashtra that manufactures and sells pharmaceutical formulations and active pharmaceutical ingredients primarily in India and the United States.
Sun Pharmaceutical Industries Ltd. closing with a price of Rs. 390.75 after seeing a high of Rs. 424.1 and a low of Rs. 370.2.
With this, 82,905,894 stocks were traded while the 5 day, 10day & 30 day average volumes were observed to be 5,615,388, 6,349,911, and 11,703,969 respectively.
In contrast to previous day’s values, the 5 day average volume raised 934284 stocks, 10 day average volume fell 113576 stocks and 30 day average volume fell 1351608 stocks. The 52 week lowest price was Rs. 370.20 while the 52 week highest was Rs. 679.30.
