Wipro may post 5-12% profit growth in Q1 despite muted revenue, aided by cost control and currency gains. Analyst Rohit Mehta flagged ₹274.15 as a key breakout level, with upside potential to ₹324. Support lies at ₹218-₹228. Stock is consolidating near resistance, with bullish momentum building if volumes confirm. Retail sentiment has turned bearish ahead of results.