WIPRO - Interactive 30-Day Forecast | Published On: 06-October-2025

Wipro Ltd (WIPRO) | 30-Day Forecast

The 30-Day Forecast

Published On: 06-October-2025

Interactive short-term outlook for Wipro Ltd (NSE: WIPRO). Click a scenario to view projected ranges, triggers and the probability distribution for the next 30 days.

Core Thesis

Neutral → Cautiously Positive on improving deal wins

Current Price: ~₹520 | Trend: Consolidation with upside bias

Bear Case

20% Probability

Base Case

65% Probability

Bull Case

15% Probability

Projected 30-Day Price Range

₹500 - ₹560

Base Case (65% Probability)

Wipro is expected to trade in a consolidation band with mild upward bias as the IT sector digests global demand signals and company-specific deal flow. Volume-led breakouts should confirm strength.

Potential Triggers:

Q2 FY26 results/large deal announcements; client wins in cloud & engineering verticals; forex movement (INR/USD); FII/DI flows into IT stocks.

The Story Behind the Forecast

Wipro's near-term direction will be shaped by deal momentum, margin commentary, and macro demand for IT services. Recent wins in cloud and engineering services support a neutral-to-positive outlook while margin pressures and rupee appreciation remain watchables.

Key Technical Factors

WIPRO has formed short-term support near ₹500 - ₹510 after recent consolidation. Resistance cluster sits around ₹540 - ₹555. A sustained close above ₹555 with rising volumes would signal a bullish phase.

RSI near neutral (mid-50s) implies further room for a measured up move. The 50-day EMA (~₹515) provides dynamic support—watch price action relative to it.

Decoding the Technicals

Short-term structure suggests consolidation with potential upside if sector flows turn favourable. Key levels below.

Key Price Levels & Trend

₹480

Strong Support

₹500

Immediate Support

₹520

Current Price

₹555

Resistance

₹600+

Upper Range

A break above ₹555 on higher volumes suggests the bull case. Failure to hold ₹500 may push price toward ₹480 support.

RSI (14)

~54

Neutral

MACD (12, 26)

Neutral → Mildly Bullish

Watch for positive crossover

Key Support

₹500

Critical short-term level

Actionable Strategy

Given the neutral-to-cautiously-positive outlook, prefer staggered entries and clearly-defined risk levels for short-term trades and investments.

For the Trader (Intraday/Futures/Options)

Approach: Range plays with breakout bias — watch ₹500–₹555 band.

Long Entry: Consider buying near ₹510-₹520 with stop-loss below ₹495. Targets: ₹555 then ₹590.

Short Entry: Consider shorts only on sustained close below ₹495, target ₹480–₹460.

Options Strategy: Bull call spreads (buy ₹520 call, sell ₹560 call) or short-dated strangles on range expiry.

For the Investor

Stance: Accumulate selectively on dips if long-term thesis (digital, cloud, engineering) holds.

Existing Portfolio: Hold with trailing stop near ₹500. Take partial profits if quick rally to ₹600 occurs.

New Investments: Deploy in tranches between ₹500–₹540 to smooth entry; reassess after Q2 earnings commentary.

Key Monitorables for the Next 30 Days

  • Q2 FY26 Results / Commentary: Revenue growth, margins, deal wins (mid-Oct expected).
  • Major large-deal announcements in cloud / engineering services.
  • INR/USD movement — rupee strength may pressure offshore margin translation.
  • FII/DI flows into IT sector and Nifty IT index behavior.
  • Macro cues from US IT spend outlook and global enterprise capex.
  • Attrition and utilization commentary affecting margins.