Is Wipro technically bullish or bearish?

Jun 24 2025 08:10 AM IST
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As of June 23, 2025, Wipro's technical stance is mildly bearish, driven by daily moving averages and monthly MACD and KST indicators, despite some mildly bullish signals on the weekly Bollinger Bands.
As of 23 June 2025, the technical trend has changed from mildly bullish to mildly bearish. The current technical stance for Wipro is mildly bearish. Key indicators driving this stance include the daily moving averages showing a mildly bearish signal, and the monthly MACD and KST both indicating a mildly bearish trend. Additionally, the Dow Theory reflects a mildly bearish position on the monthly timeframe. Despite some mildly bullish signals on the weekly Bollinger Bands and KST, the overall sentiment remains bearish due to the prevailing trends in the moving averages and MACD.
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