ad

Wipro Future and Option Prediction for Tomorrow 1 June 2026: Key Levels and Strategy

31 May 20264:52 pm

Wipro Future and Option Prediction for Tomorrow 1 June 2026: Key Levels and Strategy

The wipro future and option prediction for tomorrow on 1 June 2026 is bullish, based on Wipro closing at Rs 207 on 29 May 2026 (+2.50%). GIFT Nifty at 23,860.0 (+201.5 pts, +0.85%) signals a positive gap-up for Indian markets on 1 June. Nifty 50 closed at 23,649.95 on 29 May 2026, supported by a 3.2 per cent Nifty IT rally. FII net selling of Rs 21,105.86 crore on 29 May 2026 and below-normal monsoon concerns are the key risk factors for the wipro future and option prediction for tomorrow.

Click Here – Get Free Investment Predictions

Wipro Share Price Recap on 29 May 2026

CMP (29 May 2026 Close): Rs 207 (+2.50%)

Sector: Information Technology | 52W High: Rs 330 | 52W Low: Rs 195 | Lot Size: 3,000

Wipro was the standout IT stock on 29 May, surging after announcing an expanded partnership with ServiceNow to deploy agentic AI workflows across enterprise functions. The Wipro ADR jumped 18.54 per cent on NYSE overnight. A Rs 15,000 crore buyback at Rs 250 per share with a June 5 record date creates structural buying support, making Rs 250 the buyback ceiling and Rs 200 the near-term institutional support floor.

Wipro Futures Prediction for Tomorrow 1 June 2026

Futures Trend: Bullish

Futures Price (Approx): Rs 207

Support 1: Rs 200 | Support 2: Rs 194

Resistance 1: Rs 215 | Resistance 2: Rs 225

Ankit Jaiswal, Senior Research Analyst at Univest, notes that the Wipro future and option prediction for tomorrow places Rs 200 as the critical immediate support for the 1 June session. With GIFT Nifty indicating a gap-up open of 201.5 points, the early session direction will be pivotal. Jaiswal flags Rs 215 as the first resistance level. A gap-up open above Rs 200 that sustains in the first 15-minute candle confirms the bullish continuation for Wipro futures on 1 June 2026.

Wipro Options Analysis for 1 June 2026

PCR: 1.08 | Max Call OI: Rs 215 strike | Max Put OI: Rs 200 strike

Kunal Singla, Associate Director at Univest, observes that the Wipro options chain shows maximum call OI at Rs 215 and maximum put OI at Rs 200. The PCR of 1.08 indicates moderately bullish sentiment with put writing active. On the gap-up open driven by GIFT Nifty at +201.5 points, Singla suggests watching Rs 200 as the intraday support floor for options-based positioning in Wipro on 1 June.

Key Triggers for Wipro on 1 June 2026

  • GIFT Nifty Gap-Up (+201.5 pts): The positive pre-market signal sets a constructive base for Wipro futures on 1 June.
  • Wipro buyback record date June 5 at Rs 250/share: Primary sector-specific catalyst for Wipro direction on 1 June 2026.
  • ServiceNow agentic AI deal execution milestones: Secondary trigger to watch in the first half of the session.
  • FII Flow Reversal: FII selling of Rs 21,105.86 crore on 29 May 2026 resets on 1 June as a new month begins. Positive FII flow would accelerate bullish momentum in Wipro.

Trading Strategy for Wipro Futures and Options on 1 June 2026

1. Gap-Up Confirmation: Wait for the first 15-minute candle above Rs 200 before entering Wipro futures. Do not chase the gap-up open.

2. Bull Setup: If Wipro holds above Rs 200 and breaks Rs 215 on volume, the futures target is Rs 225 for the session.

3. Bear Setup: A break below Rs 194 on sustained selling confirms a bearish reversal. Exit longs and avoid buying on the dip below this level.

4. Options Strategy: With PCR at 1.08, consider defined-risk spreads for the 1 June session. Naked options carry elevated risk on a gap-up expiry week open.

Download the Univest iOS App or Univest Android App for daily expert predictions and live market data.

Conclusion

The Wipro future and option prediction for tomorrow 1 June 2026 is bullish, with key support at Rs 200 and resistance at Rs 215. Wipro closed at Rs 207 on 29 May 2026 (+2.50%). GIFT Nifty at +201.5 points provides a positive gap-up backdrop. Ankit Jaiswal of Univest places Rs 200 as the session support and Kunal Singla of Univest flags Rs 215 call OI as the resistance ceiling. All Wipro future and option prediction for tomorrow levels are educational analysis only. Consult a SEBI-registered advisor before trading.

Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice.

Frequently Asked Questions

What is the Wipro future and option prediction for tomorrow 1 June 2026?

Ans. The Wipro future and option prediction for tomorrow is bullish. CMP is Rs 207 (+2.50% on 29 May 2026). Support is at Rs 200 and resistance at Rs 215. GIFT Nifty at +201.5 points signals a positive gap-up open. PCR for Wipro options is 1.08 with max call OI at Rs 215.

What is the support level for Wipro futures on 1 June 2026?

Ans. Support levels for Wipro futures on 1 June 2026 are Rs 200 (immediate) and Rs 194 (secondary). Ankit Jaiswal of Univest identifies Rs 200 as the make-or-break level for the Wipro future and option prediction for tomorrow.

What is the resistance level for Wipro on 1 June 2026?

Ans. Resistance for Wipro on 1 June 2026 is Rs 215 (immediate) and Rs 225 (next resistance). Maximum call OI at Rs 215 acts as the upper boundary for the Wipro future and option prediction for tomorrow.

What is the PCR for Wipro options on 1 June 2026?

Ans. The PCR for Wipro options is 1.08. Max call OI is at Rs 215 and max put OI at Rs 200. Kunal Singla of Univest observes this PCR as a moderately bullish signal for the Wipro future and option prediction for tomorrow.

What are the key triggers for Wipro on 1 June 2026?

Ans. Key triggers for Wipro on 1 June 2026 include: GIFT Nifty gap-up of +201.5 points, wipro buyback record date june 5 at rs 250/share, servicenow agentic ai deal execution milestones, and potential FII flow reversal at the start of June. These determine the Wipro future and option prediction for tomorrow direction.

Recent Articles

Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.

Reviews

user-review-1
user-review-2
user-review-3
user-review-4
user-review-5

RESEARCH ANALYST

Get SEBI Registered
advice on the stocks
trending today.

Get 3 FREE Trade Ideas

+91
Google for Startups Accelerator 2024
Trusted by 70 lakh+ Indians
Awarded No. 1 by Economic times