Is Wipro technically bullish or bearish?

Jun 29 2025 08:03 AM IST
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As of June 27, 2025, Wipro's technical trend is neutral with mixed signals, showing a mildly bullish weekly MACD and bullish Bollinger Bands, but a bearish monthly MACD and daily moving averages, indicating no strong directional bias.
As of 27 June 2025, the technical trend for Wipro has changed from mildly bullish to sideways. The current technical stance is neutral, reflecting mixed signals across various indicators. The weekly MACD is mildly bullish, while the monthly MACD is mildly bearish, indicating a divergence in momentum. The Bollinger Bands show a mildly bullish trend on the weekly chart and a bullish trend on the monthly chart, suggesting some upward potential. However, daily moving averages are mildly bearish, which adds to the sideways sentiment. The KST and Dow Theory both indicate a mildly bullish stance on the weekly timeframe but are bearish on the monthly. The OBV remains bullish on both weekly and monthly charts, indicating accumulation. Overall, the mixed signals suggest a neutral stance with no strong directional bias at this time.
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