WIPRO - IntraDay Trade Analysis with Live Signals

Last Updated Time : 20 Dec 25, 07:04 am

IntraDay Trade Rating: 4.1

📊 Analysis: WIPRO is trading at 264 ₹, comfortably above DMA 50 (251 ₹) and DMA 200 (255 ₹), confirming short-term strength. RSI at 68.8 indicates strong momentum, nearing overbought territory, while MACD positive (4.37) supports bullish bias. Volume (94,02,637) is significantly higher than weekly average (54,66,444), showing strong participation. Despite a slight decline in quarterly PAT (-4.75%), intraday signals remain favorable. Overall, WIPRO is a good candidate for intraday trading with bullish bias.

💰 Optimal Buy Price: 262–264 ₹ (near current support zone).

📈 Profit-Taking Levels: 270–273 ₹ (first resistance), 278–282 ₹ (second resistance).

⚠️ Stop-Loss: 258 ₹ (below DMA 200 support).

⏱️ If Already Holding: Exit intraday if price fails to sustain above 265 ₹ or if RSI crosses above 70 and momentum stalls. Weakness below 262 ₹ with declining volume should trigger exit to protect gains.

Positive

• ✅ Strong ROCE (23.0%) and ROE (17.8%) indicate efficient capital use.
• ✅ EPS of 11.5 ₹ provides solid earnings base.
• ✅ Dividend yield of 2.28% supports investor sentiment.
• ✅ FII holdings increased (+0.29%) and DII holdings increased (+0.08%), reflecting institutional support.
• ✅ Trading above DMA 50 and DMA 200 confirms bullish structure.

Limitation

• ⚠️ RSI at 68.8 is near overbought zone, risk of short-term pullback.
• ⚠️ Quarterly PAT declined (-4.75%), showing earnings pressure.
• ⚠️ PEG ratio of -5.76 suggests poor growth visibility.
• ⚠️ Debt-to-equity ratio of 0.12 adds moderate leverage risk.

Company Negative News

• 📉 Quarterly PAT dropped from 3,696 Cr. to 2,614 Cr., reflecting earnings slowdown.

Company Positive News

• 📈 FII holdings increased (+0.29%) and DII holdings increased (+0.08%), showing institutional confidence.
• 📈 Strong ROCE and ROE highlight operational efficiency.

Industry

• 🏭 Industry P/E at 26.4 is slightly higher than company’s P/E (23.0), showing WIPRO trades at discount.
• 🏭 IT services sector remains demand-driven, supported by global outsourcing and digital transformation trends.

Conclusion

📌 WIPRO is a good candidate for intraday trading with bullish bias. Buy near 262–264 ₹ with profit targets at 270–273 ₹ and 278–282 ₹. Maintain strict stop-loss at 258 ₹. If already holding, exit on failure to sustain above 265 ₹ or if RSI crosses 70 with momentum weakening.

Would you like me to extend this into a peer benchmarking overlay so you can compare WIPRO against other IT service peers for intraday confirmation, or keep the focus on single-stock execution logic?