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GLAXO - Intraday Analysis - 27-09-2025

  • Sarfaraz Ahmad

Primary Structure:  Bullish Impulsive

Primary Trend:  Bullish

Current Wave Structure: Ending Diagonal. 

Expectations:  The rise from the low of the blue wave "4" is expected to unfold as a leading diagonal. The decline in the red wave "(4)" is in three waves, suggesting a corrective structure in it. The price claimed from its low in three waves with a triangle in its middle. 

Past Trade: We have made a gain of around 35%.

Recommendation:  4: Target met.
3: Sell at around 450.
2: Hold the longs.
1: Buy from 360 to 325 with stops below 300 for a target at 500.

Previously :

Previously :

Previously :