CNERGY - Hourly Analysis - 26-09-2025

Primary Structure: Bullish Impulsive

Primary Trend:  Bullish

Current Wave Structure: Potential Pullback. 

Expectations: The rise from the low is slow and overlapped, suggesting a leading diagonal in the black wave "1". We have witnessed a new high, which is in three waves after a sharp blue wave "iv". A pullback minimum of three waves may be expected in the black wave "2" that can go deeper.

Past Performance:   2: Second trade wins with a gain of 58.6%.
1: Our initial target has been achieved.  We have made a total of Rs. 3.6, which is 89.9%.  

Recommendations: 3: Sell at CMP at 9.05.
2: Hold the longs.
1: Longs may be considered from around 5.7 to 5 with stops below 3.2. Targets will be communicated with time. 

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