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BAHL - Hourly Analysis - 15-05-2026

  • Sarfaraz Ahmad

Primary Structure: Bullish Impulsive. 

Primary Trend: Bearish

Current Wave Structure: Potential Pullback

Expectations: The structure in the red wave "(III)" can be counted in five waves. The desired extension levels are met. We need a correction in the red wave "(IV)". The decline from the high may be considered part of a higher-degree correction. Weakness in the price is expected after a small recovery in three waves in the black wave "b". 

Past Trade:
We have made a total of Rs 49.


Recommendations:  Wait for the pullback.


Previously:

Previously :

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