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LOTCHEM - Intraday Analysis - 12-09-2025

  • Sarfaraz Ahmad

Primary Structure:  Potential Bullish Impulsive. 

Primary Trend:  Bullish

Current Wave Structure: Potential Bullish Impulsive. 

Expectations:  The rise from the lows is very appealing and is expected to unfold in five waves. The rise from the low of the running flat in the blue wave"ii" is too abrupt and expected to continue. We have sold our holding a bit earlier.

Past Trade: We have made a gain of 16%.

Recommendations: 3; Sell at the current level, i.e,  22.2.
2: Hold the longs.
1: Buy from 19-17 with stops below 15. Target will be communicated with the passage of time.
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