Wipro - Balance - Look below and accelerate ?
Wipro: We have seen strong Demand Imbalance causing good bull Run.. but "Shortening of Demand thrust" indicates a small Reversal or correction.
Big correction is due as per Elliott analysis.
Trade Facilitation to the upside is good, so far.. but it has to breakout from the current balance, if not - Look below and fail, or Look below and accelerate..
Hence Neutral trades are good.
Big correction is due as per Elliott analysis.
Trade Facilitation to the upside is good, so far.. but it has to breakout from the current balance, if not - Look below and fail, or Look below and accelerate..
Hence Neutral trades are good.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.