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ALNRS - Daily Analysis - 26-10-2025

  • Sarfaraz Ahmad

Primary Structure: Potential zigzag

Primary Trend: Bearish

Current Wave structure: Bearish Irregular Flat in red wave "(b)".

Expectations: The drop from the high of red wave "(a)" may be considered as the first wave of the expected three-wave correction in red wave "b". The rise from its low has since made a new high, leaving possibilities of an irregular flat. The price may approach the 78.6% Fibonacci retracement level, where a bunch of strong supports coincide.