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Wipro Share Price Prediction for Tomorrow 4 June 2026: Futures and Options Key Levels

3 Jun 20265:02 pm

Wipro Share Price Prediction for Tomorrow 4 June 2026: Futures and Options Key Levels

The Wipro prediction for tomorrow 4 June 2026 is bearish to sideways as the stock closed at Rs 204.10 (-2.73%) on 3 June 2026, slipping below the previous close of Rs 209.84. Wipro is trading in the IT sector amid a broader market sell-off driven by IT weakness and elevated crude oil prices. Support for the Wipro prediction for tomorrow is placed at Rs 200 and resistance at Rs 210.

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Wipro Share Price Data for 4 June 2026

Parameter Value
CMP (3 June 2026) Rs 204.10
Previous Close Rs 209.84
Change -2.73%
Sector IT
Support 1 Rs 200
Support 2 Rs 196
Resistance 1 Rs 210
Resistance 2 Rs 215
Trend Bearish Short-Term

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Wipro Prediction for Tomorrow: Technical Analysis

Ankit Jaiswal, Senior Research Analyst at Univest, observes that the Wipro prediction for tomorrow is shaped by the immediate support at Rs 200. He notes that Wipro fell -2.73% today as profit-booking dominated ahead of the buyback record date on June 5, with traders unwinding positions post the recent run-up. The stock needs to hold above Rs 200 on a closing basis to maintain the current trend. A break below would open downside to Rs 196.

Kunal Singla, Associate Director at Univest, flags that the Wipro prediction for tomorrow is further influenced by broader Nifty 50 direction. With Nifty 50 closing at 23,350.40 on 3 June 2026 and GIFT Nifty at 23,495, any broad market gap-up could provide an initial bid to Wipro at the open.

Wipro Futures and Options Analysis for 4 June 2026

The Wipro futures prediction for tomorrow shows OI concentration near Rs 200 on the Put side and Rs 210 on the Call side. The June futures series for Wipro is tracking closely with the spot price. Wipro’s buyback record date on June 5 creates a near-term support dynamic. F&O OI shows Put support near Rs 198-200. The buyback premium creates an unusual technical setup.

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Key Drivers for Wipro Prediction for Tomorrow

Wipro fell -2.73% today as profit-booking dominated ahead of the buyback record date on June 5, with traders unwinding positions post the recent run-up. This positions Wipro in the IT sector for continued focus from both retail and institutional participants. The Wipro prediction for tomorrow will also be influenced by global cues, with Dow at 51,078.88 and Nasdaq at 27,086.81 providing an overnight backdrop.

Risks to the Wipro Prediction for Tomorrow

  • Sustained IT deal pipeline weakness and margin compression from wage hike cycles is the primary risk to monitor for the Wipro prediction for tomorrow.
  • India VIX at 19.85 increases probability of sharp intraday swings in both directions.
  • Broader Nifty 50 direction: a sustained break below 23,200 would drag most index stocks lower.
  • Any sudden global risk-off event or further crude oil spike would amplify selling pressure.

Conclusion

The Wipro prediction for tomorrow 4 June 2026 is bearish to sideways, with Rs 200 as the key support and Rs 210 as the critical resistance to watch. Wipro fell -2.73% today as profit-booking dominated ahead of the buyback record date on June 5, with traders unwinding positions post the recent run-up. Ankit Jaiswal and Kunal Singla both recommend strict risk management given the elevated volatility environment. Traders should use confirmed breakouts or breakdowns beyond key levels rather than anticipating directional moves.

Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice. SEBI Reg: INH000012449 / INH000013776.

Frequently Asked Questions

What is the Wipro prediction for tomorrow 4 June 2026?

Ans. The Wipro prediction for tomorrow 4 June 2026 is bearish to sideways. CMP is Rs 204.10 versus previous close of Rs 209.84 (-2.73%). Key support is Rs 200 and resistance Rs 210. Ankit Jaiswal and Kunal Singla observe that Wipro fell -2.73% today as profit-booking dominated ahead of the buyback record date on June 5, with traders unwinding positions post the recent run-up.

What are the support and resistance levels for Wipro on 4 June 2026?

Ans. Support levels for Wipro tomorrow are Rs 200 (immediate) and Rs 196 (strong). Resistance levels are Rs 210 and Rs 215. A close above Rs 210 would turn the short-term trend bullish.

What is the F&O outlook for Wipro for tomorrow?

Ans. The F&O data for Wipro shows significant Open Interest activity near Rs 200 on the Put side and Rs 210 on the Call side, defining the likely trading range for tomorrow. Wipro’s buyback record date on June 5 creates a near-term support dynamic. F&O OI shows Put support near Rs 198-200. The buyback premium creates an unusual technical setup.

What is the trend for Wipro for 4 June 2026?

Ans. The trend for Wipro for tomorrow is Bearish Short-Term. The stock closed at Rs 204.10 on 3 June 2026. Sustained IT deal pipeline weakness and margin compression from wage hike cycles is the key risk to monitor.

Should traders go long or short on Wipro tomorrow?

Ans. This article is for educational purposes only and does not constitute investment advice. Traders should wait for a price confirmation above Rs 210 before initiating longs, and use Rs 200 as a stop reference for long positions. SEBI advisory: Consult a registered financial advisor before trading.

What fundamental factors support the Wipro prediction for tomorrow?

Ans. Wipro operates in the IT sector. Wipro fell -2.73% today as profit-booking dominated ahead of the buyback record date on June 5, with traders unwinding positions post the recent run-up. Broader market sentiment and FII activity remain the primary short-term drivers alongside technical levels.

How does the Nifty 50 trend affect Wipro prediction for tomorrow?

Ans. As a Nifty 50 constituent, Wipro closely tracks the benchmark. A Nifty recovery above 23,500 would provide broader tailwinds. With Nifty closing at 23,350.40 on 3 June 2026, a stabilisation of the index is the prerequisite for sustained buying in Wipro.

What is the key risk for Wipro on 4 June 2026?

Ans. The key risk for the Wipro prediction for tomorrow is Sustained IT deal pipeline weakness and margin compression from wage hike cycles. Additional risks include broader market weakness, elevated India VIX at 19.85, and potential FII selling pressure. Risk management with stop losses is essential.

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