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Wipro Share Price Today on : At 19 Sep 11:08 today, Wipro shares are trading at price 538.65, 0.16% up from the previous closing price. Sensex is trading at 83474.61, up by 0.63%. The stock has hit a high of 551.5 and a low of 533.25 during the day.

On the technical front, the stock is trading above the 10,20,50,100,300 days SMA & lower than the 5 day SMA. The stock will have support at 10,20,50,100,300 days SMA & face resistance at 5 days SMA

The SMA values for the stock are given below :

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at 547.65, 556.55, & 564.05, whereas it has key support levels at 531.25, 523.75, & 514.85.

Till 11 AM today, the volume traded on NSE & BSE for Wipro was 452.32% higher than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.

Overall, as per Mint technical analysis, The stock is currently experiencing a strong bullish trend.

From a fundamental analysis perspective, the company has a ROE of 14.43% .The current P/E of the stock is at 25.22 & P/B is at 3.60.

The company has a 72.82% promoter holding, 4.64% MF holding, & 7.12% FII holding as per filings in the june quarter.

The MF holding has increased from 4.60% in march to 4.64% in the june quarter.

The FII holding has increased from 6.96% in march to 7.12% in the june quarter.

Wipro share price up 0.16% today to trade at 538.65 while its peers are mixed. Its peers such as Zomato are falling today, but its peers Info Edge India, Firstsource Solutions, Eclerx Services are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.56% & 0.63% each respectively.

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Aniket Pujari

Blogger | Content Creator | Finance | Crypto | Internet things
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