WIPRO - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.7
| Stock Code | WIPRO | Market Cap | 1,92,058 Cr. | Current Price | 183 ₹ | High / Low | 273 ₹ |
| Stock P/E | 15.8 | Book Value | 60.7 ₹ | Dividend Yield | 6.02 % | ROCE | 23.9 % |
| ROE | 19.2 % | Face Value | 2.00 ₹ | DMA 50 | 196 ₹ | DMA 200 | 221 ₹ |
| Chg in FII Hold | 0.10 % | Chg in DII Hold | -0.52 % | PAT Qtr | 3,037 Cr. | PAT Prev Qtr | 2,782 Cr. |
| RSI | 38.3 | MACD | -4.88 | Volume | 1,88,72,798 | Avg Vol 1Wk | 1,57,34,985 |
| Low price | 176 ₹ | High price | 273 ₹ | PEG Ratio | 1.62 | Debt to equity | 0.13 |
| 52w Index | 7.23 % | Qtr Profit Var | 3.91 % | EPS | 11.6 ₹ | Industry PE | 21.0 |
📊 WIPRO shows moderate fundamentals with weak technical momentum. The RSI at 38.3 indicates oversold conditions, while the MACD at -4.88 signals bearishness. Current price (183 ₹) is below both the 50DMA (196 ₹) and 200DMA (221 ₹), reflecting medium-term weakness. ROCE (23.9%) and ROE (19.2%) highlight efficiency, while the P/E of 15.8 vs industry average of 21.0 suggests undervaluation. Dividend yield of 6.02% adds investor appeal. Quarterly PAT improved (3,037 Cr. vs 2,782 Cr.), showing earnings stability.
💡 Optimal Entry Price: Around 178–182 ₹ (near support zone).
📈 Exit Strategy if Holding: Consider booking profits near 195–200 ₹ resistance zone, or cut losses if price falls below 175 ₹.
Positive
- ✅ Strong ROCE (23.9%) and ROE (19.2%) highlight efficiency.
- ✅ Dividend yield of 6.02% provides income support.
- ✅ EPS of 11.6 ₹ supports valuation strength.
- ✅ Quarterly PAT growth (+3.91%) shows earnings stability.
- ✅ FII holdings increased slightly (+0.10%).
Limitation
- ⚠️ Price below both 50DMA and 200DMA reflects bearish trend.
- ⚠️ RSI at 38.3 indicates oversold territory.
- ⚠️ MACD negative (-4.88) signals weak momentum.
- ⚠️ DII holdings decreased (-0.52%), showing reduced domestic confidence.
- ⚠️ 52-week index at 7.23% highlights poor long-term performance.
Company Negative News
- 📉 Decline in DII holdings (-0.52%).
- 📉 Weak technical indicators suggest short-term pressure.
Company Positive News
- 📈 Quarterly PAT improved to 3,037 Cr. from 2,782 Cr.
- 📈 Dividend yield of 6.02% attracts income-focused investors.
Industry
- 🏭 Industry P/E at 21.0 is higher than WIPRO’s 15.8, suggesting undervaluation relative to peers.
- 🏭 IT services sector outlook remains steady with global demand drivers.
Conclusion
🔎 WIPRO is a moderate swing trade candidate with strong fundamentals but weak technicals. Entry near 178–182 ₹ offers favorable risk-reward, while exits should be targeted around 195–200 ₹. Strict stop-loss discipline below 175 ₹ is essential given bearish momentum and weak long-term performance.
Would you like me to extend this into a peer benchmarking overlay with sector comparisons, or refine it into an intraday momentum setup for sharper entry/exit timing?