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Is WIT preparing to trend lower? Directional Movement Crossover Bearish shows up after dropping 1.57%

Wipro Limited (WIT) — Daily Technical Analysis & Swing Trading Signals · Aug 21, 2026, 17:37 ET
WIT finished lower by 1.57% on Friday, August 21st, trading 0.1 times its typical volume. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 1.87, 1.85 & 1.83, with resistance at 1.91, 1.93 & 1.95. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.

Current SwingTradeBot Technical Rating of WIT: F

There’s more where that came from. See all of today’s signals for WIT here.

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Wipro Limited (WIT)