Wipro Share Price Jumps Today: Time To Buy Now?

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 Frame	Return (%)
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.

Moving Averages Snapshot

Period	SMA (₹)	EMA (₹)
5-Day	259.50	260.54
10-Day	263.95	261.89
20-Day	264.98	262.26
50-Day	257.13	260.35
100-Day	260.51	263.36
200-Day	276.30	265.73

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

Metric	Wipro (%)	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.