WIPRO | BTR Swing Trading Analysis | 23 Jun 2026Wipro LimitedNSE:WIPROBK_QuantDesk📉 Trend Structure Turning Bearish Wipro recently generated a fresh BTR SELL Signal after failing to sustain above the short-term bullish trend structure. The stock attempted multiple recoveries, but each rally faced selling pressure, indicating weakening momentum. The latest sell signal emerged near the resistance zone, followed by a sharp decline toward the first projected target area. BTR Swing Framework 🔴 Latest SELL Signal Activated ❌ Potential SL: ₹182.40 🎯 Potential T-1: ₹175.37 (Being Tested) 🎯 Potential T-2: ₹171.86 🎯 Potential T-3: ₹168.35 Price Action Observations • Multiple trend reversals can be seen during June. • Previous BUY signals captured short-term recoveries. • Recent SELL signal indicates a possible continuation of the broader corrective phase. • Price is currently trading around the T-1 zone. • Sustained weakness below T-1 may open the path toward T-2 and T-3 levels. Swing Trading View 📌 Immediate resistance remains near the recent sell signal area. 📌 Bears remain in control while price trades below ₹182.40. 📌 T-1 is acting as the first decision zone. 📌 A breakdown below T-1 may increase downside momentum toward T-2 and T-3. 📌 Traders should monitor price behavior around support zones rather than predicting future movement. Educational Insight Strong trends often move through three phases: ➡️ Trend Formation ➡️ Pullback & Retest ➡️ Trend Continuation The recent structure in Wipro highlights how a failed recovery near resistance can sometimes lead to renewed selling pressure and continuation of the prevailing trend. ⚠️ This chart reflects a technical market structure analysis for educational purposes only. Markets are uncertain, and no target or level is guaranteed to be achieved. #WIPRO #SwingTrading #PriceAction #TechnicalAnalysis #StockMarketIndia #NSE #MarketStructure #TrendFollowing #RiskManagement #TradingViewIndia #BKQuantDesk