Is Wipro technically bullish or bearish?

Oct 08 2025 08:09 AM IST
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As of October 7, 2025, Wipro's technical trend has shifted to a bearish stance with moderate strength, driven by bearish indicators across multiple timeframes, despite a bullish monthly RSI.
As of 7 October 2025, the technical trend for Wipro has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include a bearish MACD on the weekly timeframe, bearish moving averages on the daily timeframe, and a bearish KST on the weekly. The Bollinger Bands and OBV also indicate a mildly bearish trend on both weekly and monthly timeframes. While the monthly RSI shows bullishness, it is overshadowed by the prevailing bearish signals in other indicators. Overall, the technical outlook remains negative.
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