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LCI - Weekly Analysis - 21-07-2025

  • Sarfaraz Ahmad

Primary Structure: Bullish Zigzag / Impulsive

Primary Trend:  Bullish

Current Wave Structure: Potential Expanding Flat in Blue Wave "b".

Expectations: The rise from the low of the red wave "(a)" in three waves. We have printed new highs and concluded the red wave "(b)". The decline from that high with a huge gap can be treated as the third wave of the potential irregular flat in the blue wave "b". This decline must unfold in five waves. Having said that, a new low may be witnessed after a small consolidation in the black wave "IV". 

Previously :

Previously :