info@marketswaves.com +923455923931

KOHC - Intraday Analysis - 21-02-2025

  • Sarfaraz Ahmad

Primary Structure:  Potential Pullback in Blue Wave "4"

Primary Trend:  Bearish

Current Wave Structure:  Potential Zigzag

Expectations:
  The rise from the low is very aggressive and can be counted in five waves in blue wave "3". A pullback minimum in three waves in blue wave "4". We are trading in the middle of this wave formation. We are missing the final waves of this correction. Weakness in the price is expected.
Note: Target met, made 16.70%.

Recommendation: 2; Target met.
1: Long may be considered from 360 with stops below 350. 420 is the target for longs.


Previously :