AHCL - Intraday Analysis - 12-12-2023

Sarfaraz Ahmad
Dec 12, 2023

Primary Structure: Bullish Corrective Structure

Primary Trend: Bullish

Current Wave structure: Bullish Impulsive

Expectations: The rise from the low of black wave "D" is significant and can be counted in five waves in blue wave "a". The desired target is met now. Sooner or later a consolidation or pullback in blue wave "b" may begin.

Recommendation: 4: Target met.
3: Set the target at 35.5.
2: Hold the longs.
1: Long positions may be considered from 26.5 to 25.5 with stops below 22.7 for the target at 36.

Previously :