user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 489686 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Wipro Shares Climbing Higher, Up 1.7%

Published on Tue, 04/30/2013 - 10:36
By Adrienne Chilton

One of today's notable stocks on the rise is Wipro (NYSE:WIT), up 1.7% to $7.86. The S&P is trading fractionally lower to 1,591 and the Dow is trading 0.2% lower to 14,781.

There is potential upside of 9.4% for shares of Wipro based on a current price of $7.86 and an average consensus analyst price target of $8.60. The stock should run into initial resistance at its 200-day moving average (MA) of $7.89 and subsequent resistance at its 50-day MA of $8.60.

Wipro Limited specializes in IT and computer related technologies. The Group's services encompass a number of areas, including software architecture, business intelligence systems, e-commerce, data warehousing, Internet access devices, network management, system administration, messaging systems, IT consulting and design. Wipro also has a presence in niche markets of consumer products.

In the past 52 weeks, Wipro share prices have been bracketed by a low of $6.74 and a high of $9.23 and are now at $7.86, 17% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.4% while the 200-day MA has remained constant.

By Adrienne Chilton
achilton@fnno.com

Latest News from FNNO

Shares of Hubbell Have Risen Above Previ...

Shares of Hubbell (NYSE:HUB.B) traded at a new 52-week high today of $126.96. This new ...

Health Net: The Winning Streak Continues...

Shares of Health Net (NYSE:HNT) traded at a new 52-week high today of $47.95. Approxim ...

Hartford Financial Services: The Winning...

Hartford Financial Services (NYSE:HIG) traded today at a new 52-week high of $38.24. T ...

Home Depot: 52-Week High Recently Eclips...

Shares of Home Depot (NYSE:HD) traded today at $93.75, breaking its 52-week high. This ...

Shares of Huntington Bancshares Have Ris...

Shares of Huntington Bancshares (NASDAQ:HBAN) traded today at $10.30, breaking its 52-w ...

Shares of Hain Celestial Have Risen Abov...

Hain Celestial (NASDAQ:HAIN) traded today at a new 52-week high of $103.97. Approximat ...

Watch for Continued Gains in Shares of G...

Shares of Goldman Sachs Group (NYSE:GS) traded today at $188.58, breaking its 52-week h ...

Shares of Genuine Parts Have Risen Above...

Shares of Genuine Parts (NYSE:GPC) traded today at $90.20, breaking its 52-week high. ...