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CHCC - Intraday Analysis - 15-08-2025

  • Sarfaraz Ahmad

Primary Structure: Bullish Impulsive

Primary Trend:  Bullish

Current Wave Structure:  Potential Ending Diagonal.

Expectations:  The consolidation in blue wave "4" looks prolonged and is overlapping, suggesting a double three. The rise from the low is expected to unfold in five waves. Gains are expected. Since we are tracking the fifth wave, it can unfold as an ending diagonal in case of a steady and overlapped rise.

PAST TRADE: Made a gain of 25.9%.

Recommendations: 3: Target met

2: Hold the longs.
1: Longs may be considered from 255 with stops at 215 for a target at 321.


Previously :

Previously :