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IBLHL - Hourly Analysis - 21-11-2025

  • Sarfaraz Ahmad

Primary Structure:  Triangle in Blue Wave "b".

Primary Trend: Bullish

Current Wave structure: Flat in Wave "(d)".

Expectations:  The price is too choppy and overlapping, suggesting a massive triangle is in play in the blue wave "b".We are in the middle of this triangle. The wave "(d)" potentially unfolding as a regular flat.  A pullback minimum of three waves should be expected in the final wave of the triangle. 

Recommendations: 2: Target met. 
1: If you are holding, sell at around 75.


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