Bank Nifty - Pure Price Action analysis for this week. Bearish Breakout ? or still Hard Fight from Bulls - Triangle Breakout to downside seems in evitable at both shorter time and even HIGHER Time frames.
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...
