WIPRO - IntraDay Trade Analysis with Live Signals
Back to ListHere’s the intraday trading analysis for WIPRO based on the provided parameters
IntraDay Trade Rating: 3.8
| Stock Code | WIPRO | Market Cap | 2,11,495 Cr. | Current Price | 202 ₹ | High / Low | 273 ₹ |
| Stock P/E | 17.4 | Book Value | 60.7 ₹ | Dividend Yield | 5.46 % | ROCE | 23.9 % |
| ROE | 19.2 % | Face Value | 2.00 ₹ | DMA 50 | 202 ₹ | DMA 200 | 226 ₹ |
| Chg in FII Hold | 0.10 % | Chg in DII Hold | -0.52 % | PAT Qtr | 3,037 Cr. | PAT Prev Qtr | 2,782 Cr. |
| RSI | 54.1 | MACD | 0.51 | Volume | 4,15,05,233 | Avg Vol 1Wk | 4,53,45,774 |
| Low price | 186 ₹ | High price | 273 ₹ | PEG Ratio | 1.78 | Debt to equity | 0.13 |
| 52w Index | 17.4 % | Qtr Profit Var | 3.91 % | EPS | 11.6 ₹ | Industry PE | 21.0 |
📈 Optimal Buy Price: 200 – 205 ₹ (near DMA 50 support)
🎯 Profit Exit Levels: 210 ₹ (short-term resistance), 220 ₹ (extended resistance)
🛑 Stop-Loss: 195 ₹ (below immediate support)
🔄 Intraday Exit Guidance: If already holding, consider exiting near 210–220 ₹ if RSI rises above 58 or MACD momentum weakens. Current RSI (54.1) is neutral, while MACD (0.51) shows mild bullishness. Volume is slightly below average, so profit booking should be cautious.
Positive
- Strong ROCE (23.9%) and ROE (19.2%) highlight efficiency.
- Dividend yield of 5.46% adds investor appeal.
- Quarterly PAT improved from 2,782 Cr. to 3,037 Cr.
- EPS of 11.6 ₹ supports valuation strength.
- Price trading near DMA 50 (202 ₹), offering technical support.
Limitation
- P/E (17.4) is lower than industry average (21.0), but growth is modest.
- Quarterly profit variation (+3.91%) is relatively small, showing limited momentum.
- Volume (4.15 Cr.) below 1-week average (4.53 Cr.), showing reduced intraday participation.
- DII holdings decreased (-0.52%), showing reduced domestic confidence.
- 52-week index at 17.4% reflects underperformance relative to peers.
Company Negative News
- No major external negative news, but reduced DII confidence and weak sector momentum remain concerns.
Company Positive News
- Quarterly PAT growth from 2,782 Cr. to 3,037 Cr.
- FII inflows (+0.10%) provide foreign support.
- Strong dividend yield enhances investor confidence.
Industry
- Industry P/E at 21.0, slightly higher than WIPRO’s valuation, suggesting sector premium.
- IT services sector outlook remains steady but competitive, with margin pressures.
Conclusion
⚖️ WIPRO is a moderately strong intraday candidate today. Fundamentals are solid with strong ROCE/ROE and dividend yield, but technicals show only mild bullishness with neutral RSI and modest volume. Best suited for cautious intraday trades with entry near 200–205 ₹ and exits around 210–220 ₹. Tight stop-loss discipline is essential due to sector underperformance.
Would you like me to extend this into a peer benchmarking overlay comparing Infosys, TCS, and HCL Tech for intraday setups, or keep it strictly focused on WIPRO?