Wipro Share Price Prediction for Monday 8 June 2026: F&O Levels and Technical Outlook
- June 5, 2026
- Posted by: Kunal Singla
- Category: News
Wipro Rs 198.37 (-2.91%) on 5 Jun. High Rs 199.00, low Rs 188.15. Support Rs 192, resistance Rs 202. Cautiously Bearish. Monday 8 Jun.
The Wipro prediction for Monday 8 June 2026 is Cautiously Bearish as the stock closed at Rs 198.37 (-2.91%) on Friday 5 June 2026, declining from Rs 204.32. Wipro fell -2.91% to Rs 198.37 on Friday after the buyback record date triggered arbitrageur exit selling, with a low of Rs 188.15; the stock is likely to see continued near-term selling pressure. The broader Nifty 50 direction on Monday, shaped by the US NFP overnight reaction and RBI post-policy sentiment, will influence this stock. The Wipro prediction for Monday is also shaped by the US Non-Farm Payrolls data released on Friday evening, which will determine Monday’s opening gap direction.
Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, provide the F&O levels and technical outlook for the Wipro prediction for Monday 8 June 2026.
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Wipro Share Price Data for Monday 8 June 2026
| Parameter | Value |
|---|---|
| CMP (5 June Close) | Rs 198.37 |
| Previous Close | Rs 204.32 |
| Change | -2.91% |
| Friday High | Rs 199.00 |
| Friday Low | Rs 188.15 |
| Volume | 4.35 Cr |
| Sector | IT |
| Support 1 | Rs 192 |
| Support 2 | Rs 186 |
| Resistance 1 | Rs 202 |
| Resistance 2 | Rs 208 |
| Trend | Cautiously Bearish |
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Wipro Prediction for Monday: Technical Analysis
Ankit Jaiswal observes that the Wipro prediction for Monday is anchored at Rs 192 support. Wipro fell -2.91% to Rs 198.37 on Friday after the buyback record date triggered arbitrageur exit selling, with a low of Rs 188.15; the stock is likely to see continued near-term selling pressure. A sustained hold above Rs 192 and a break above Rs 202 would confirm the Cautiously Bearish thesis for the Wipro prediction for Monday 8 June 2026.
Kunal Singla notes that the Wipro prediction for Monday is influenced by the VIX at 15.79 (intraday low 13.46 on Friday) — a constructive signal for controlled directional moves on Monday. Wipro F&O is highly unusual post-buyback. Massive short OI has built near Rs 198-200 as arbitrageurs short the stock for settlement. Monday prediction is cautiously bearish with Rs 186-192 as the likely range before stabilisation.
Wipro F&O Analysis for Monday 8 June 2026
Wipro F&O is highly unusual post-buyback. Massive short OI has built near Rs 198-200 as arbitrageurs short the stock for settlement. Monday prediction is cautiously bearish with Rs 186-192 as the likely range before stabilisation. The F&O range for Wipro on Monday is between Rs 192 (Put OI support) and Rs 202 (Call OI resistance).
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Risks for Wipro Prediction for Monday
- Post-buyback arbitrageur selling continuing into Monday; IT sector weakness persisting is the primary risk for the Wipro prediction for Monday.
- US NFP reaction on Monday open could create a gap that invalidates the entry zone.
- FII selling (net Rs -4,475.76 Cr on 4 June) remains a headwind for all index stocks.
- A Nifty 50 breakdown below 23,200 would drag most index stocks lower on Monday.
Conclusion
The Wipro prediction for Monday 8 June 2026 is Cautiously Bearish with Rs 192 as key support and Rs 202 as the critical resistance. Wipro fell -2.91% to Rs 198.37 on Friday after the buyback record date triggered arbitrageur exit selling, with a low of Rs 188.15; the stock is likely to see continued near-term selling pressure. Ankit Jaiswal and Kunal Singla recommend waiting for the first 15-minute candle on Monday before taking directional positions in Wipro. Data is sourced from open public platforms including NSE and BSE — verify from official exchange sources before any investment decision.
Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice.
Disclaimer: The securities quoted, if any, are for illustration purposes only and are not recommendatory. This article is for educational purposes only and shall not be considered as investment advice or a recommendation by Univest (Uniresearch Global Pvt Ltd, SEBI Registered Research Analyst INH000013776). Investments in the securities market are subject to market risks. Read all related documents carefully before investing. Data is sourced from open public platforms including NSE and BSE and may be subject to revision. Verify data from official NSE/BSE sources before making any investment decision. Registration granted by SEBI in no way guarantees the performance of the intermediary or provides any assurance of returns to investors. Past performance is not indicative of future results.
Frequently Asked Questions
What is the Wipro prediction for Monday 8 June 2026?
Ans. The Wipro prediction for Monday is Cautiously Bearish. CMP Rs 198.37 (-2.91%) on 5 June. Support Rs 192, resistance Rs 202. Wipro fell -2.91% to Rs 198.37 on Friday after the buyback record date triggered arbitrageur exit selling, with a low of Rs 188.15; the stock is likely to see continued near-term selling pressure.
What are Wipro support and resistance levels for Monday?
Ans. Support 1: Rs 192. Support 2: Rs 186. Resistance 1: Rs 202. Resistance 2: Rs 208. A close above Rs 202 confirms bullish trend for Wipro on Monday.
What is the Wipro F&O outlook for Monday 8 June 2026?
Ans. Wipro F&O is highly unusual post-buyback. Massive short OI has built near Rs 198-200 as arbitrageurs short the stock for settlement. Monday prediction is cautiously bearish with Rs 186-192 as the likely range before stabilisation. The Wipro F&O range for Monday is Rs 192 to Rs 202.
What drives the Wipro prediction for Monday?
Ans. Wipro fell -2.91% to Rs 198.37 on Friday after the buyback record date triggered arbitrageur exit selling, with a low of Rs 188.15; the stock is likely to see continued near-term selling pressure. The broader Nifty 50 direction on Monday, shaped by the US NFP overnight reaction and RBI post-policy sentiment, will influence this stock. Monday open will reflect the US NFP reaction overnight.
Is Wipro bullish or bearish for Monday 8 June 2026?
Ans. The Wipro prediction for Monday is Cautiously Bearish. Closed Rs 198.37 on Friday declining from Rs 204.32. Post-buyback arbitrageur selling continuing into Monday; IT sector weakness persisting is the primary risk.
How does India VIX affect Wipro prediction for Monday?
Ans. India VIX closed at 15.79 on Friday, touching an intraday low of 13.46. A VIX below 16 supports cleaner directional moves and reduces whipsaw risk for the Wipro prediction for Monday 8 June.
Should traders go long or short on Wipro Monday?
Ans. For educational reference only: confirm above Rs 202 before longs; use Rs 192 as stop reference. This is not investment advice. Consult a SEBI-registered advisor.
What is the key risk for Wipro on Monday 8 June 2026?
Ans. Primary risk: Post-buyback arbitrageur selling continuing into Monday; IT sector weakness persisting. Additional risks: US NFP reaction, FII selling pressure, and broader Nifty direction. Use strict stop-losses.
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