“Sumeet Bagadia recommends buying Wipro in the cash segment around ₹200-203, setting a target price of ₹213 and a stop loss at ₹196. This bullish call is based on the stock showing signs of recovery, forming a Double Bottom pattern (a bullish reversal signal), and its price moving above both the 50-day and 100-day Simple Moving Averages, indicating improving strength.”
Sumeet Bagadia’s track record: 6 graded calls · 95% CI 19–81%
WiproBullishCalled 23 May 2026Graded 23 Jul 2026
Wipro's price moved from ₹206.84 to ₹174.44, a decrease of 15.66%, which is contrary to the bullish call and below the stop loss of ₹196.