Stock Radar: Down over 25% from highs! Wipro stock took support above 200-EMA – check target & stop loss for long positions

Wipro Ltd, an Indian IT sector component, has shown resilience by finding support above its 200-week Exponential Moving Average since April 2025. Experts suggest that short to medium-term traders may consider buying the stock, targeting Rs 260 within the next 1-3 months. Technical indicators, including support levels and bullish divergence, reinforce this positive outlook.