Wipro Share Price Jumps Today: Time To Buy Now?

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July 18, 2025: Wipro Share, one of India’s top IT giants, surged by 2.32% today to close at ₹266.7, outperforming several peers in the IT Consulting & Software sector. The stock fluctuated between an intraday low of ₹266 and a high of ₹271.8, signaling renewed buying interest amid broader market consolidation.

Over the last three months, Wipro Share has gained 11.68%, continuing its recovery from a challenging start to the year. Its recent bounce suggests improving sentiment despite broader headwinds in the tech sector.

Wipro Performance Snapshot

Time FrameReturn (%)
1 Week+3.14
1 Month+1.76
3 Months+11.62
6 Months-11.33
1 Year-7.14
3 Years+31.51
5 Years+96.53

While long-term performance remains solid, the stock is still down over 7% year-on-year, highlighting the pressure faced by Indian IT majors due to global demand uncertainty and margin compression.

Technical Overview: Resistance & Support Levels

  • Pivot Level: ₹268.32
  • Resistance Levels:
    • R1: ₹270.38
    • R2: ₹273.87
    • R3: ₹275.93
  • Support Levels:
    • S1: ₹264.83
    • S2: ₹262.77
    • S3: ₹259.28

Wipro is currently trading slightly below its 200-day SMA of ₹276.3, which may act as a key resistance in the near term. A sustained breakout above ₹275 could set the stage for a bullish leg toward ₹290.

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Moving Averages Snapshot

PeriodSMA (₹)EMA (₹)
5-Day259.50260.54
10-Day263.95261.89
20-Day264.98262.26
50-Day257.13260.35
100-Day260.51263.36
200-Day276.30265.73

The stock’s position above most short- and mid-term moving averages suggests short-term momentum is positive, though resistance at the 200-day average must be closely watched.

Sector Comparison: Wipro vs TCS

MetricWipro (%)TCS (%)
1 Week+3.14-1.66
1 Month+1.76-6.98
3 Months+11.62-3.33
6 Months-11.33-21.24
1 Year-7.14-25.57
3 Years+31.51+4.93
5 Years+96.53+45.32

Despite its struggles, Wipro share has outperformed TCS across all timeframes, especially in the short-term (3-month) and long-term (5-year) view — a surprising trend given TCS’s strong institutional following and sector dominance.

Investor Takeaway

  • Short-term trend: Positive momentum above ₹260
  • Medium-term focus: Watch for breakout above ₹276–₹278 (200-day SMA)
  • Long-term strategy: Wipro remains a value pick among IT stocks with strong recovery potential, especially when compared to underperforming peers like TCS.

Investors with a bullish bias toward the Indian IT sector may find Wipro more attractive at current levels — especially as it narrows the performance gap with bigger names.

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